4 ms·
You incentivize domestic industrialization by actually doing that (but it's hard and takes planning). In fact uncertainty about tariffs make investment less lik
by kurthr 1y ago
You incentivize domestic industrialization by actually doing that (but it's hard and takes planning). In fact uncertainty about tariffs make investment less likely (and more expensive, because you have to buy equipment and steel, and copper at 50% tariffs).
So no, you don't get re-industrialization, you get stagflation. It's idiocracy.
- rob_c 1y agoNo assuming that there is no next step is idiocracy... And also the weakness of 4yr political planning in the west. The next step is to work around tariffs where you can and need to which forces innovation and jobs on both sides of the border.