Politico makes the key point on why Trump's tariffs won't work - link
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Date: April 3rd, 2025 11:29 AM
Author: ,.,,.,.,,,,,,.....................
Who's gonna build a fucking factory that will cost billions and take years when Trump is probably going to cave on his tariffs next week?
https://www.politico.com/news/magazine/2025/04/03/trump-tariffs-manufacturing-confusion-00267945
It’s not that tariffs can’t work as an action-forcing tool for companies to move production to the U.S. This is a wealthy country with one of the largest consumer markets in the world, and the president probably isn’t wrong that a lot of our trading partners would capitulate to keep serving it.
But I’ve asked multiple corporate executives in recent weeks whether companies are likely to start investing in manufacturing in the United States in response to Trump’s policies, and the message has basically been: That’s an unanswerable question right now. Because making those decisions requires understanding the relative costs of doing it versus not doing it, and Trump is far too unpredictable to allow for that kind of calculation.
If the markets bloodbath gets much worse, will Trump back off? How much will tariffs change over the next three-plus years? And tariff policy could change drastically under a new president in 2028. Might companies just wait it out rather than making a long-term commitment of resources and hoping for the best?
(http://www.autoadmit.com/thread.php?thread_id=5704509&forum_id=2).#48811012)
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Date: April 3rd, 2025 11:33 AM
Author: ,.,,.,.,,,,,,.....................
Congress can also take the wheel and swerve, even if Trump doesn't.
(http://www.autoadmit.com/thread.php?thread_id=5704509&forum_id=2).#48811040) |
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