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Well… it’s the best time to start? I guess that’s what the MAGA Sun is hoping for.
by rad_gruchalski 1y ago
Well… it’s the best time to start? I guess that’s what the MAGA Sun is hoping for.
- rtkwe 1y agoWho's going to invest in a business that's only profitable as long as we keep these insane tariff level up and will take several years to spin up? (Plus where are they going to get the machines to do the actual work? Those are being tariffed too!)
- rad_gruchalski 1y agoI don’t know. Maybe MAGA Sun knows.
- pixl97 1y agoYea, the bank is just going to love to hand out money with the amount of political and economic uncertainty injected into the system....
- rad_gruchalski 1y agoIf the bank can not finance your stuff maybe Trump knows some people who can borrow you money? On preferential conditions, of course… who knows, maybe he gets into loan business himself.
- Aurornis 1y agoIt’s actually not. If you’re starting a business right now with the goal of selling to customers all over the world, setting up shop in America is not looking good. You’d pay exorbitant tariffs on inputs and machines. It’s better to manufacture out of the country and let US consumers eat the tariff cost on import while keeping your operations efficient outside of the US tariff zone. It’s an extraordinarily poorly planned policy.
- dylan604 1y agoThat's not what MAGA world wants though. They want products made here, sold here, bought here. MAGA world does not care about the rest of what the world's people do. If they want to buy our stuff, great, but then blame other governments for taxing American products like there's no blame to share.
- disgruntledphd2 1y agoSure, but in that case, tariffs on finished goods are the way to go. You'll first recover the assembly business and then over time you could reshore more of the inputs. But like, it's not the 1950s anymore, basically every product consists of parts from all over the world. You can't unpick that in 90 days.
- rad_gruchalski 1y agoWell… what can I tell you. Talk to your president regarding dismantling your country? It’s not difficult to figure out that I‘m being sarcastic. What I‘m saying is: the problem sits in the white house.
- slavik81 1y agoI want to believe that, but the president is not doing this by himself. His was re-elected democratically by a majority of voters, and he enjoys the support of the house, the senate, and the federal courts. I fear that the problem lies in the hearts and minds of the American people. As a Canadian, it has been hard to stomach. I thought we were brothers working together towards a common future. It would be a lot less heartbreaking if this really was caused by a single individual.
- Someone 1y ago> If you’re starting a business right now with the goal of selling to customers all over the world If you do that now in the USA, there’s a fairly large risk that your exports will be taxed, and, with exports to the USA tanking, there’s excess production in the rest parts of the world, so prices will go down outside the USA, at least temporarily. ⇒ If you’re starting a business in the USA today, you should only aim for the domestic market.
- ajmurmann 1y agoCool, so in a year or three the fabric factory would be up and running. Oh wait, we need to first build a factory for the machines we need in the fabric factory...
- rad_gruchalski 1y agoWell… that’s exactly what I mean. But you guys have chosen a president.
- _joel 1y agoEven their hats are made in China.
- zelda420 1y agoUnfortunately the largest cotton producing country is china, followed by India. My grandparents actually worked and met at a denim factory in west Texas which was renowned for its cotton production. Growing up I remember giant cotton fields which have all been replaced with strip malls and sprawl. It’s going to be a multi-year project at the very least. And even then probably still cheaper to make clothes in Vietnam.
- rad_gruchalski 1y ago> It’s going to be a multi-year project But that’s what MAGA wants and Trump clearly, like Putin, doesn’t want to go anywhere so maybe start now? I can see, like you, how tragically comedic this situation is.
- deleted 1y ago[deleted]
- esseph 1y agoWon't happen. Takes years, decades to build or rebuild new industries.