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Reply to "Trump tariffs: ruin U.S. economy until 2040"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Trump tariffs cause layoffs at Mack Truck https://www.pennlive.com/business/2025/04/hundreds-of-workers-to-be-laid-off-over-the-next-90-days-at-pa-plant.html Great job creating more manufacturing jobs![/quote]FYI this blog post explaining why tariffs won't bring manufacturing back to the US written by a manufacturing entrepreneur. https://www.molsonhart.com/blog/america-underestimates-the-difficulty-of-bringing-manufacturing-back Some of the ones that stuck in my head: Even with high tariffs, it's still cheaper to make stuff overseas. The supply chain for industrial materials doesn't exist here anymore. So couldn't make most things even if wanted to. Americans don't want to do manufacturing jobs, aren't even healthy enough to endure them, and would need to move rural where the factory is. No one wants to build a factory in the US now because the rules (including tariffs) that will determine their profit/costs can change in a single tweet.[/quote] the way to do it was what the CHIPs and Science Act laid out and funded. Under Biden, investment in manufacturing was coming back. Trump has killed it, and now he has alienated our closest trading partners and every market is seeking alternatives like China getting soy from Brazil now. Those new trading agreements won't just be broken because a democrat is back in office. It will take years/decades to undo the damage being done.[/quote]And the way to neutralize China's trading power was to form a trans pacific partnership with all China's trading partners except China, but Trump killed that in his first term. Main problem is that Trump cares more about his own ego than the good of the nation.[/quote]
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