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Absolutely no one was seriously considering building a factory in the US based on the insansity of last week
by valzam 2y ago
Absolutely no one was seriously considering building a factory in the US based on the insansity of last week
- timewizard 2y agoThailand is a good example. They have about $40b (USD) in balance of trade going the wrong way. Their initial ideas were simply to import more american petroleum, vehicles and aircraft. This likely could have accounted for more than half the difference and significantly reduced their tariff rate by just changing suppliers of already imported products. The US news is pretty useless here. It's more nuanced than they would like to admit. Foreign sources of news are the most instructive as they're actually covering the options realistically.
- ceejayoz 2y agoWhich way is "going the wrong way"?
- mooreds 2y ago> Foreign sources of news are the most instructive as they're actually covering the options realistically. Curious about what your go-to sources are?
- croes 2y agoThere are more consequences if you change the supplier because different supplier often means different product
- midtake 2y agoThe market is huge. Absolutely someone was considering it. Whether they had time to put plans in motion is a separate matter altogether.
- croes 2y agoThe costs are huge too which makes the margin small
- echoangle 2y agoThe market is huge but the actual capital is held (or at least controlled) by relatively few (probably more rational than average) people, no?
- andrethegiant 2y agoWhy would a company go through the trouble of building a factory when the next administration could just reverse the decision four years from now? Building factories will take years
- slg 2y agoHow confident are we that there is a "next administration... four years from now"? I don't know what the number is, but it ain't 100% like it used to be.
- baggachipz 2y agoI would put it at less than 50% at this point. It entirely depends on whether or not he's alive.
- bee_rider 2y agoThe market is huge enough that the fact that something is being considered somewhere doesn’t mean much, right? If I consider building a factory in the woods, but I don’t have two pennies to clack together, does anybody hear it?
- numpad0 2y agoCost differences by everyone's gut estimate is like >10^3 or however many digits. Tariffs are cheaper until it starts T2D3ing.
- davidw 2y agoThat was part of the entire purported purpose of this lunacy. They went on TV and everything about having people operating robots screwing in iphone screws and stuff. Whether anyone bought into it is another matter, but opening factories is part of what they said they wanted.