It’ll be funny if tariffs actually work long.
Discussion
Long term. Nostr censoring my speech?!
He better remove that income tax!
That would be cool but wouldn’t impact me sadly
What's "works" in this context though
Most, if not all, of the production will be local. However, the higher cost of local labor (unless there is a constant inflow of cheap immigrant labor force) will push prices upward, resulting in lower domestic consumption. International trade will also suffer due to reciprocal tariffs. Anyone seeing only the first part of this equation clearly hasn't paid attention while reading their Bastiat.
They will work...
There is no doubt about that.
It is he just announced that the company that makes the chips for the world are gonna make a facility in United States. They decided to come make a facility to make chips for the world the United States, so they don't have to pay tariffs, right. The meeting was yesterday It was all over youtube
They already are working. Apple now this chip manufacturing. So many large companies moving factories here already.