Comment on Do people really think setting up domestic manufacturing in the USA is easy?
Ciderpunk@lemmy.world 1 week agoThe other problem is that the $55 American made one will mysteriously become $94 because doing anything else would be leaving money on the table and therefore unconscionable to American business owners.
Tariffs have a nasty habit of making local goods increase in price accordingly too.
Prok@lemmy.world 1 week ago
This is exactly the thing I can seem to get anyone to agree with me on … Imported goods will never become significantly more expensive than American for the reason you just said…
There’s a lot of money in figuring out the right margin below the imported product such that they’ll lose some sales but ultimately profit more because of the increased profit margins. Not that you were seriously saying it would be a dollar cheaper but most I talk with tend to think that difference is much bigger than I expect which tends toward single digit percentage differences