Reply to Trump tariffs: ruin U.S. economy until 2040

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Acknowledging the lousy economics of these blanket tariffs, it seems like there will be very disparate impacts across different industries.  Those that will benefit directly must:
- have short, domestic supply chains;
- have inelastic demand relative to price;
- be able to get domestic production up and running relatively quickly.

Any thoughts on winners and losers here? A potential winners might be the domestic wine & beer industry - South American and Australian wines have gobbled market share based on low cost.  Seems an easy reach to produce more domestic wine.  Furniture might be another.  The Carolinas used to produce large quantities before cheap Chinese imports took away their market.[/quote]
Do you have any idea how long it takes to get a furniture factory up and running?[/quote]

I’d love good quality American furniture again. [/quote]

There’s plenty of good quality American furniture available.  Why aren’t you buying it?  [/quote]

Because good quality furniture is extremely expensive.[/quote]

I think that this is probably their point. A global economy benefits everyone.  Donnie, as usual, has a child’s understanding of this.[/quote]

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