3 ms·
Maybe, but the issue is that it does not seem serious. If he was serious about restoring industries, then we would have targeted tariffs. Tariffs on coffee is
by dummydummy1234 2y ago
Maybe, but the issue is that it does not seem serious.
If he was serious about restoring industries, then we would have targeted tariffs. Tariffs on coffee is not useful, and is silly.
Similarly a lot of raw commodities, we will not be smelting the amount of aluminum the US needs because we do not have the same low cost power as iceland.
They could have gone slower, and planned things out, but chose not to. And are doing exceptions based on who can talk to trump.
If you are a business that does international business that might be onshored, how confident are you that the tarrifs are here to stay? That you should invest 200 million in American manufacturing, and that government policy will not change in 6 months,or 3 days, or 4 years.
Thats the problem with these tariffs is that they rely on the belief of business that they are here to stay.
- _heimdall 2y ago> They could have gone slower, and planned things out, but chose not to. And are doing exceptions based on who can talk to trump. This administration is taking a gamble on a strategy of going as fast as they can to ram changes through before bureaucracy and red tape gets in the way. I don't expect it to work, primarily because it hinges on a false hope that anyone can know exactly how such large changes will play out and avoid going down the wrong path. It is an intentional strategy though, and to their credit its been made clear by countless administrations that meaningful change quite often gets roadblocked when you try to move slower and more carefully.