Comment on How Will We Know If The Trump Tariffs Were A Good Idea?

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yarr@feddit.nl ⁨1⁩ ⁨week⁩ ago

If they worked, we would see manufacturers almost instantly beginning construction on US factories, opening new ones and reopening shuttered plants.

I think the almost instantly is the problem there for me. If I was someone that could afford to build a factory, I know that it would take a couple of years to come up to speed. I also know that if the tariffs disappear, that my money is gone. It won’t work under “normal” conditions. So, I’ll want some assurance these will be in place for a while. Since no one will make that assurance, or at least someone who would would be lying, I wouldn’t feel confident enough to build anything.

I assume anyone with enough money to build a factory would think about some variation of that above. I think for that reason, no serious numbers of factories will get built. And, if none get built… what are we doing?

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