So you’d rather promote foreign manufacturers than help our own manufacturing industries? Since when is only having imports the best thing for a country
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You honestly think that a company that's getting away with paying a worker in China $3 an hour is going to move their manufacturing job to the US, and pay 7-15$ an hour - rather than just passing the cost of the tariffs on to the consumer and not hurting their bottom line at all? REALLY? Wow.
Uh, you could literally just make a law requiring all products be made in America and be honest with consumers that it will make products more expensive but would bring jobs here. Trump is pretending that tariffs will somehow bring back jobs and make things cheaper. They do neither.
Talk to the CEOs. I remember arguing with a cousin’s husband, who was moving his (inherited) small manufacturing co. from the US to Mexico to save $$ on labor. This was in 1985, when minimum wage was $3.35. This millionaire really begrudged his own employees even a working class wage.
Listen I get where you’re coming from but manufacturing didn’t come back during his first term with tariffs. And companies have already announced they’re shifting manufacturing…to other cheap countries, not the US. Also other countries will slap us with tariffs and it cost billions his last term.
Also trump has promised to repeal Bidens Chips Act, which actually promoted the manufacture of computer chips in america (NOT producing chips here is a national security risk)
Firstly - if that happened (it won’t) you think they would match the cost of Chinese goods? There was a reason manufacturers went overseas to get goods made. And if they do - and people buy them - you think inflation isn’t going up? Tarrifs (incremented and specific) - can have a place
China responded by banning exports to the US of minerals essential for making weapons Thats why Biden went to Angola - the only other country that has it is DRC which has close ties with Angola
The Chinese Gov is cleverer than the US Gov It sold US debt the day before Biden did so his sale failed
There are better ways They could introduce quality standards & force retailers like Amazon to take some responsibility
China has some good products esp. in techno but still sells a lot of tat particularly of low cost items not worth returning
They wont because tariffs sound better than regulations
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But yea, let’s go back to the shit that didn’t work under Trump.
Do you think we can magically create all the supplies needed for manufacturing, the supplies that we have to import?
Ever heard about the Great Depression?
The Chinese Gov is cleverer than the US Gov It sold US debt the day before Biden did so his sale failed
China has some good products esp. in techno but still sells a lot of tat particularly of low cost items not worth returning
They wont because tariffs sound better than regulations