Comment on How can you oppose tariffs, while supporting a hardline against China on Taiwan?

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Diddlydee@feddit.uk ⁨4⁩ ⁨days⁩ ago

I think saying it is short term is very hopeful. The ripples of this will be felt for many years. You can’t suddenly magic manufacturing infrastructure and supply chains into existence. It’s a long road to do that with seemingly no plan in the interim, and I’ve no doubt that tariffs will be changed many times at his whim, so it’s hard for anyone to set up any manufacturing business when they can’t get a solid grip on their costs, given the need to import raw materials and components.

Making items on home soil for your own market is a good idea but it takes a lot of time, and the general feeling in the rest of the world is that countries will want to import fewer US goods, so export markets for the US will dwindle, and I doubt there is enough buying power in the US to get the growth he wants. I’m sure he’ll start selling to his Russian buddies when the time comes, but doubt that will be enough to fix his mess.

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