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Doesn't even need to be a new administration. Many people online are saying (or trying to convince themselves) that the tariffs are part of some smart negotiat
by jerlam 2y ago
Doesn't even need to be a new administration.
Many people online are saying (or trying to convince themselves) that the tariffs are part of some smart negotiating strategy, and that they will be rescinded once other countries feel the pain (or when citizens revolt). So large companies will hold out on doing any major investment, lest they be holding the bag.
The administration's general instability and flip-floppiness makes it impossible to make any long-term business decisions. Having a leader who can't be trusted to change their mind on a moment's notice does damage regardless of the policies.
- bluGill 2y ago> impossible to make any long-term business decisions. Only if the long term decision depends on high tariffs. There are lots of business decisions that don't.
- ytpete 2y agoAn awful lot of business decisions depend on the expected price of the materials and equipment your business needs, and/or what market price you can expect to be able to charge for whatever it is you plan to sell. Tariffs this sweeping will make both of those things much harder to predict for almost every business in the country soon.
- jerlam 2y agoThe federal government does a lot more than dictate tariffs. There's immigration, monetary policy, war spending, etc. And Trump is not afraid to bully governors, so state policies will also be affected.
- beefnugs 2y agoMaybe crashing the stock market really is part of the plan, i mean if you arent investing maybe you should use that money to open a factory? I hear AI will do all the labor for you and that will "only get better (TM)" Although all those nvidia racks apparently use more power than any datacenter in the world has ever deployed in the past... so i hope you know how to run your own power plant onsite too Oops you also need to install prison level security around all your buildings and homes because the entire population wants your blood, thats ok its an excuse to diversify into weaponized drone manufacturing and local deployment which is another big business opportunity. Wow so many opportunities for rich people!