2 ms·
> this would be a very good start. It's a terrible start. Shortening of supply chains will be slow and painful because: a) why invest in local production if th
by viraptor 2y ago
> this would be a very good start.
It's a terrible start. Shortening of supply chains will be slow and painful because: a) why invest in local production if the tariffs may be scrapped next week? b) where to get money if building a new factory is hit by the same tariffs? The gov spending is increasing, not getting reduced. The consumption will be lower though.
A good start would've been: the tariffs start increasing today, reaching full force in 5 years, not affecting (stuff most needed for factories), with plan guaranteed not to change over the next N years.