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A lot of imports are basic components; low-level industrial inputs. So there are lots of products which are genuinely made in America -- with, e.g., Chinese al
by A_D_E_P_T 2y ago
A lot of imports are basic components; low-level industrial inputs. So there are lots of products which are genuinely made in America -- with, e.g., Chinese aluminum or Canadian steel -- yet will nevertheless probably go up in price.
It almost becomes an across-the-board thing. Practically every American-made product that contains aluminum is going to go up in price, for instance, as there's not nearly enough US aluminum production to satisfy demand. (And, even if there were, US aluminum tends to be considerably more expensive than foreign aluminum, even with the 25% tariff applied...)