President Trump’s attempts to bring manufacturing back to the U.S. could have unintended consequences, including giving Chinese technology manufacturers an edge at a time when American products are already becoming expensive.
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Does Trump understand anything? Thinking isn’t his long suit. Throws anything out to see what sticks. Does he listen to his advisors? He thinks he’s the smartest person in the room. His administration is the “renege administration” can he do anything right?
I don't believe Chinese gains in manufacturing are an unintended consequence for Trump and his minions. I believe they (1) don't care where there is manufacturing, (2) would like China to get benefits from our new tarries, (3) wants to create panic and fear in the US so is rooting for a recession
See, that is exactly the ignorance that leads to unintended consequences. If the Chinese become the world's leading manufacturer, they will also be the world's leading high-tech arms manufacturer, and we will face a lot of difficulties if that happens. We can't let that happen.
USA has already lost the title of leader of the free world, will soon lose the most manufacuring of weapons of war, and will end up paying more for all the goods they cannot produce in USA.
What he's done is show every country in the world that the US is an unreliable trading partner and is not to be trusted. Every country in the world is now diversifying and finding new trading partners. So far, ConOld has not negotiated a single deal with any country. He has destroyed the US economy.
Except for a couple already in the works projects, I haven't read nor heard ANYONE planning MORE manufacturing business
in the US & moreover OTHER industries (like tourism for but 1) are being hit MASSIVELY after Trump Tossed US reputation away.
It's not coming back. Take it from this retired Toolmaker. We don't have the people needed to set up the factory, nor do we have the Toolmakers needed to build the machines to make the stuff. With unemployment so low, who's going work in those factories?
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Stop voting for stupid people, MAGA.
Now, IMO his Tariff and Tax cuts -if done - will bring Great World Depression
in the US & moreover OTHER industries (like tourism for but 1) are being hit MASSIVELY after Trump Tossed US reputation away.