Americans don't understand how expensive their cheap crap will become with these tariffs.
Onshoring manufacturing is not impossible, but will take a minimum of 20-30 yrs with a ton of investment and will never be as productive as china.
nostr:note1qvsrvadsxy0n4algq2xgv8qft3wj848jxfr6e5tycfdmrsl08cdsj6780l
I will gladly pay more for a better built product that’s made anywhere preferably in the USA.
I’m just tired of buying cheaply made shit from anywhere…
You don't understand how much for a lot less quality. Chinese factories are better at most things.
This is true, but the *threat of tariffs* has been a successful negotiation tactic. A nation should use all tools available for trade negotiation.
Nah, I think BRIC knows well US can't do it, the prices would cause a revolt
I don’t disagree that some Chinese factories produce great products…
Just not all do…
This won’t work. It’s noise… Days of the US dollar as a reserve currency are numbered as things stand. Throughout history, protectionism is has resulted in negative outcomes.
#facts
I’m in manufacturing. I could go on and on, but simply…
It would take time for sure.
Value falls to the marginal cost of production. Companies will find ways to source materials for cheaper or somebody else will make the product cheaper than a child or Uyghur Muslim in China. If they don’t bring more value, somebody will do it cheaper State side. Tough decisions cause pain. That doesn’t mean it’s wrong. GATT was the wrong decision. Now we will pay for it.
Good on you for saying it.. but you forgot how good Americans are at bluffing ;)
I actually think it is worse than these people are predicting. With these endless wars, the US is burning a lot of bridges and is destroying its own economy. It might not feel as though but to me it seems the US has already lost the timing to stand on its feet. Without some crazy-ass changes, it is done. And by done, I mean it won't be beautiful
