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This, exactly. America has manufacturing talent, but not at the scale required for a manufacturing economy. (Source: ~2 decades in global manufacturing.)
by gauravjain13 7y ago
This, exactly. America has manufacturing talent, but not at the scale required for a manufacturing economy. (Source: ~2 decades in global manufacturing.)
- kilroy123 7y agoSo what can we do as a nation to change that? Should we even try at this point?
- thu2111 7y agoTariffs. The US has already started!
- jpindar 7y agoThey've put tariffs on raw materials and sub-assemblies, which is making it less economical to manufacture things in the US.
- thu2111 7y agoInteresting. I wonder what the logic is; usually tariffs are chosen based on trade volumes with the targeted country. Maybe there's a sense that mining or other raw materials businesses need more help than firms higher up the value chain.