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> tariffs would have to be so high that sum I disagree. Almost anything made overseas can be made in the US, it's vast place. If you raise tariffs, that's go

> tariffs would have to be so high that sum I disagree. Almost anything made overseas can be made in the US, it's vast place. If you raise tariffs, that's going to hurt the largest international corporations and stimulate the local small to medium sized companies. Prices for goods would go up, but so would the demand for labor. Also, goods would be of higher quality and there would be less disposable consumer-culture, a win for everyone. > Did you ever look at which jobs have the most demand for immigrant Yes, I have. These 'back-breaking' labor jobs are also the most underpaid. > it's underpayment that kills the jobs I don't see how you can fail to realize the two are intimately related.

da_chicken 6y ago
> Prices for goods would go up, but so would the demand for labor. That's true, but no rational economist or politician believes that tariffs are here to stay. They're a reflection of Trump's ideas rather than a recognized modern economic policy. Even then, Trump's goal was to combat China's policies, not create a long term system of import and export taxes to protect American workers. As a result, there hasn't been significant industrial investment in the US. That's one of the problems we've had with Covid: the PPE, medications, and ventilators are all manufactured overseas. We've had to retool our auto manufacturers to spin up ventilator production. You'd be crazy to invest in US manufacturing since the tariffs look about as permanent as a White House press secretary. You know you'll be undercut and put out of business in just a few years.
- linuxftw 6y ago
  > Even then, Trump's goal was to combat China's policies, not create a long term system of import and export taxes to protect American workers. Well, if you consider he canceled the adoption of the TPP, the Paris Climate Accord, and negotiated the MCA agreement, I'd say it was a series of long term changes. Naturally, there's only so much the executive branch can do in isolation. > You'd be crazy to invest in US manufacturing since the tariffs look about as permanent as a White House press secretary. Right, need congress to act.
mschuster91 6y ago
> I disagree. Almost anything made overseas can be made in the US, it's vast place. No it cannot, at least not in the foreseeable future as even for something as stupid and simple as a McDonalds Happy Meal throwaway toy there is no domestic supply chain in the US or most other Western countries. Corona makes rebuilding that supply chain even more impractical as you would need many, many dozens of billions of dollars (or euros) as an upfront investment and still thanks to higher labor costs and cost of compliance with regulations (environmental and labor) this won't be competitive for a long time. > If you raise tariffs, that's going to hurt the largest international corporations and stimulate the local small to medium sized companies Most "large international companies" are US-based. Also, large corporations can choose to at least partially suck up tariffs (either by cross-subsidizing or by cutting profit margins) and make up the loss by scale, while a small/medium trade company cannot easily do that.

da_chicken 6y ago

> Prices for goods would go up, but so would the demand for labor. That's true, but no rational economist or politician believes that tariffs are here to stay. They're a reflection of Trump's ideas rather than a recognized modern economic policy. Even then, Trump's goal was to combat China's policies, not create a long term system of import and export taxes to protect American workers. As a result, there hasn't been significant industrial investment in the US. That's one of the problems we've had with Covid: the PPE, medications, and ventilators are all manufactured overseas. We've had to retool our auto manufacturers to spin up ventilator production. You'd be crazy to invest in US manufacturing since the tariffs look about as permanent as a White House press secretary. You know you'll be undercut and put out of business in just a few years.

linuxftw 6y ago
> Even then, Trump's goal was to combat China's policies, not create a long term system of import and export taxes to protect American workers. Well, if you consider he canceled the adoption of the TPP, the Paris Climate Accord, and negotiated the MCA agreement, I'd say it was a series of long term changes. Naturally, there's only so much the executive branch can do in isolation. > You'd be crazy to invest in US manufacturing since the tariffs look about as permanent as a White House press secretary. Right, need congress to act.

mschuster91 6y ago

> I disagree. Almost anything made overseas can be made in the US, it's vast place. No it cannot, at least not in the foreseeable future as even for something as stupid and simple as a McDonalds Happy Meal throwaway toy there is no domestic supply chain in the US or most other Western countries. Corona makes rebuilding that supply chain even more impractical as you would need many, many dozens of billions of dollars (or euros) as an upfront investment and still thanks to higher labor costs and cost of compliance with regulations (environmental and labor) this won't be competitive for a long time. > If you raise tariffs, that's going to hurt the largest international corporations and stimulate the local small to medium sized companies Most "large international companies" are US-based. Also, large corporations can choose to at least partially suck up tariffs (either by cross-subsidizing or by cutting profit margins) and make up the loss by scale, while a small/medium trade company cannot easily do that.