But this is a very stupid one that he doesn’t seem to understand how to work it. Let me give you one example that hit last time this asshole was in office.
My spouse works for one such import company. While it is US based it gets its metals and product from China and a few other Asian markets.
I wont get into the details as to what all they make but they provide a lot of various hardware items that you find in the large retail hardware outlets.
When Orange Man did this last time, guess what happened? They simply increased the prices to compensate and pushed all that down the line to consumers. When the bottom dollar got bad enough they laid off employees. Same thing happened at some of the other companies she worked with.
Thing is the US hardly manufacture anything, anymore. In fact a lot of the metals and other stuff we no longer mine. It’s easy to say ‘This makes sense’ well no, it doesn’t - he is running his mouth again to get votes without considering the long term effects of how it will damage the economy even worse.
Thing is the US hardly manufacture anything, anymore.
tbf, we manufacture a lot still. It’s just typically things that require skilled workers and advanced machinery, not common consumer goods. The only consumer goods we produce in large values anymore are cosmetics, pharmaceuticals, and handheld electronics.
You’re only looking at and mentioning the short term effect, not any long term effects, and then criticizing others for the same thing. The long term effect is inefficient businesses like your spouses company shuts down, and local production increases at all levels.
Global ecomonies are incompatible with life on Earth, as we have learned.
The long term effect is inefficient businesses like your spouses company shuts down, and local production increases at all levels.
That’s a wild claim. Can you back that up with any data that shows tariffs always increase local jobs and income?
It’s a wild claim that companies that have to pay fair value for their materials and labor either close or find more local resources to continue operation?
