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How inflationary (or not) will this be. Will just switch to domestic products or will they just reduce consumption overall.

alabastervlog 1y ago
Domestic production can’t keep up with demand for things like clothes and PCBs. Weddings are about to get interesting. May regress (“regress”, arguably this is totally fine) to the 1980s and earlier where having special complex color-coordinated dresses for all your bridesmaids was something only the upper-middle and higher could afford. Lots of perfect Disney wedding dreams about to get a ton more expensive. [edit] it could keep up, of course, especially with depressed demand from higher prices, but it’ll take quite a while to ramp that up, and there won’t be a lot of takers for that investment while de minimus remains in place for other markets that could take over that manufacturing cheaper than the US—India, Vietnam, Indonesia, DR, et c.
- atrus 1y ago
  I can't imagine how domestic production can keep up. US manufacturing isn't impossibly far behind China, and now you want to basically double the need, and worse, double the need with low value good like clothes and PCBs? Nobody is going to invest in that.
hypeatei 1y ago
> Will just switch to domestic products On what timeline? Does the current environment even encourage companies making huge investments into the U.S. (and no, the pinky promises that we hear about aren't investments) since it'll just change in four years? There is no central industrial policy being proposed or passed via Congress, just a mad king imposing tariffs on a whim.
- ty6853 1y ago
  Congress voted on tarriffs last night. It's no longer riding on a whim, the entire elected representatives voted on them and decided to keep them. Reversal failed 49-49. So the mad king theory, I think it was initially defendable, but I'm not so sure now. The people have spoken, through their representatives, and through a president that advertised his tarriff plan during elections. The American people have spoken, they want this pain.
  - hypeatei 1y ago
    > longer riding on a whim Yes it is because Trump can take it away or add more at any moment. Congress doing nothing still means they're not crafting coherent industrial policy and not introducing legislation which would be more stable than one man's whims.
    - deleted 1y ago
      [deleted]

alabastervlog 1y ago

Domestic production can’t keep up with demand for things like clothes and PCBs. Weddings are about to get interesting. May regress (“regress”, arguably this is totally fine) to the 1980s and earlier where having special complex color-coordinated dresses for all your bridesmaids was something only the upper-middle and higher could afford. Lots of perfect Disney wedding dreams about to get a ton more expensive. [edit] it could keep up, of course, especially with depressed demand from higher prices, but it’ll take quite a while to ramp that up, and there won’t be a lot of takers for that investment while de minimus remains in place for other markets that could take over that manufacturing cheaper than the US—India, Vietnam, Indonesia, DR, et c.

atrus 1y ago
I can't imagine how domestic production can keep up. US manufacturing isn't impossibly far behind China, and now you want to basically double the need, and worse, double the need with low value good like clothes and PCBs? Nobody is going to invest in that.

hypeatei 1y ago

> Will just switch to domestic products On what timeline? Does the current environment even encourage companies making huge investments into the U.S. (and no, the pinky promises that we hear about aren't investments) since it'll just change in four years? There is no central industrial policy being proposed or passed via Congress, just a mad king imposing tariffs on a whim.

ty6853 1y ago
Congress voted on tarriffs last night. It's no longer riding on a whim, the entire elected representatives voted on them and decided to keep them. Reversal failed 49-49. So the mad king theory, I think it was initially defendable, but I'm not so sure now. The people have spoken, through their representatives, and through a president that advertised his tarriff plan during elections. The American people have spoken, they want this pain.
- hypeatei 1y ago
  > longer riding on a whim Yes it is because Trump can take it away or add more at any moment. Congress doing nothing still means they're not crafting coherent industrial policy and not introducing legislation which would be more stable than one man's whims.
  - deleted 1y ago
    [deleted]