The admin officials talking about using tariffs to return manufacturing to the US a.) do not know anything about trade, b.) do not understand how tariffs work, c.) do not understand how global supply chains work, d.) do not understand what a modest percentage of overall output, trade or jobs...
Comments
Time to go totally defensive. Do not buy any American products.
This could be 2008 all over again. Maybe worse.
would never have joined up. Trump was the unwitting & witless catalyst👍🏻
that was impressive
The morons have no idea how complex and interlocked all these things are.
"...not recognize that if manufacturing were returned to the US it would lead to massive increases in the cost of goods because of the costs of production in the US..."
Next they'll follow DeSantis, and propose easing child labor laws. This is worse than backward.
https://www.mediaite.com/news/he-doesnt-give-a-fk-white-house-official-tells-washington-post-trump-has-reached-peak-not-giving-a-fk/
https://www.theatlantic.com/ideas/archive/2019/10/george-conway-trump-unfit-office/599128/
s.) do not understand that the Trump tariffs are destroying one of...
They believe they can build factories in which
Robots
Will work
They're not really bringing jobs back
That why they call it
Bringing manufacturing back
😡😡😡
This is a deliberate attempt to destroy the US economy and civil society in order to establish an oligarchy.
~
Investors avoid bad markets.