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> 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,
by 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 agoCongress 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]