3 ms·

As someone that sells products that are assembled from components that are sold and manufactured globally. My customers pay me for product. Some of that pays e

• Joel_Mckay 2y ago
  Unless people relocate automated manufacturing lines for export products outside US soil. Thus, they save the US 25% + 10% tariff off, and whatever symmetric 25% response trading partners inflict on the US exports. i.e. one would save 60% off, avoid an economically hostile customs process, and may shop around for better tax systems. If the US market is isolated from a multi-origin product, than just collect the 35% markup on all products before shipping into the US like the new programs already require. Best of luck, I don't think people have really thought about this very much... =3
  • dpkirchner 2y ago
    That sort of manufacturing could take longer than 4 years to build much less profit from. Smarter to just wait it out and increase the domestic price to just below the foreign price+tariff.
    • Joel_Mckay 2y ago
      Perhaps, but most light-industry will likely open secondary factory locations in 8 months or hire contract manufacturing firms in a few days. Then turn around and drop demand deficient labor in the hostile markets. People respond to actions rather than posturing, and business people view the political process very differently. We'd be fooling ourselves to think it is about anything other than profit. Many people are likely about to lose their jobs, and there is nothing funny about that... Best regards =3