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> No. The point is to make foreign goods more expensive in order to bring production back to the US. Nikon (for one) had to raise US prices on their digital ca
by throw0101a 8mo ago
> No. The point is to make foreign goods more expensive in order to bring production back to the US.
Nikon (for one) had to raise US prices on their digital cameras to handle tariffs:
* https://www.dpreview.com/news/7688376775/tariff-watch-nikon-implements-second-price-increase-for-us-customers https://www.dpreview.com/news/7688376775/tariff-watch-nikon-...
Is the US administration hoping to increase (digital) camera production in the US? Camera lenses? Is there a moribund American camera industry that could thrive if given a chance?
During Trump 1.0 he raised tariffs on steel and got 1k job in steel manufacturing… but lost 75k jobs in manufacturing that used steel as an input:
* https://www.investopedia.com/metal-tariffs-cost-at-least-75-times-more-jobs-than-they-saved-8789838 https://www.investopedia.com/metal-tariffs-cost-at-least-75-...
> It seems to be working to some extent […]
US manufacturing job numbers are down:
* https://www.reuters.com/world/us/us-factory-headcount-falling-despite-trumps-promised-manufacturing-boom-2026-01-09/ https://www.reuters.com/world/us/us-factory-headcount-fallin...
* https://www.wsj.com/economy/u-s-manufacturing-is-in-retreat-and-trumps-tariffs-arent-helping-d2af4316 https://www.wsj.com/economy/u-s-manufacturing-is-in-retreat-...