5 ms·
1.) Americans are now preferring to buy 'made in US' "U.S. consumers are willing to pay more for “Made in America” goods, according to a recent nationwide surv
by sumeonenew 8y ago
1.) Americans are now preferring to buy 'made in US'
"U.S. consumers are willing to pay more for “Made in America” goods, according to a recent nationwide survey"
https://morningconsult.com/2017/11/21/poll-support-for-purchasing-made-in-usa-goods-jumps-but-dont-credit-trump/ https://morningconsult.com/2017/11/21/poll-support-for-purch...
2.) tariffs encourage reshoring and new robotics/automation factories, which is still net jobs for US. which also makes prices back to where it was before tariffs (maybe even less)
"171,000 JOBS COME HOME TO USA IN 2017"
http://yonkerstimes.com/171000-jobs-come-home-to-usa-in-2017/ http://yonkerstimes.com/171000-jobs-come-home-to-usa-in-2017...
3.) in a perfectly competitive market, price always goes to equilibrium. which would discount tariffs
- Canada 8y ago1) Forget what people say, look at what they do.
- sumeonenew 8y ago1.) when US consumers have choices, they will buy American 2.) US economy is at an all time high, and projects a 4% growth this quarter. this will allow some price indifferences amongst consumers. https://www.cnbc.com/2018/06/15/goldman-sachs-model-now-points-to-4-percent-second-quarter-gdp-growth.html https://www.cnbc.com/2018/06/15/goldman-sachs-model-now-poin... 3.) Also added benefit, allows US consumers to not support a Chinese dictator who imprisons millions in a concentration camp
- icebraining 8y ago1) The point of tariffs is to force people to buy local production, by making alternatives more expensive. If people are willing to pay more to buy Made in US, you don't need them. 2) The source for that number shows that reshoring has been steadily increasing for years [1]. So why the need for tariffs now? Hell, seems like you'd just want to keep up the previous administration's polices - clearly they're working. [1] http://reshorenow.org/blog/reshoring-initiative-2017-data-report-reshoring-plus-fdi-job-announcements-up-2-800-since-2010/ http://reshorenow.org/blog/reshoring-initiative-2017-data-re...