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56 sats \ 5 replies \ @Undisciplined 17 Apr \ on: 14 reasons why Trump’s tariffs won’t bring manufacturing back econ
Can we be more clear about what the criteria are?
Higher tariffs will almost certainly increase the amount of stuff made domestically.
The article's a bit of a trek, but it's a good read. Totally agree that steep tariffs will make domestic stuff pop off more. The big question though, the one that's got me thinking, is by how much and when's that gonna be?
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We were talking about some of the same things earlier: #945045.
It's a big unknown.
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Missed that one. Thanks for the heads-up.
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USA has lost the skills and infrastructure to make most manufactured goods.
What is needed is an entire ecosystem of skills, materials, logistics and manufacturing plant.
The USA lost all of that over recent decades and it is not easy to rebuild.
The USA is now fucked without Chinese supply chains.
China has won the trade war.
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Higher tariffs will almost certainly increase the amount of stuff made domestically.
I would not be so sure.
How many things made domestically do not include materials coming from Chinese supply chains?
What is certain is inflation will increase in direct proportion to these anti competitive tariffs and the cost will be carried by US consumers and businesses.
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