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

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xavier666@lemm.ee ⁨1⁩ ⁨week⁩ ago

It takes 7+ years to bring a new factory online. more to get all the kinks worked out and at full production

Not to take away from your point but they also have to

Once you have created this factory (which needs to be subsidized by the government in order to compete with the foreign product), we then apply targeted tarrifs so that people can slowly shift to the homegrown product. Doing all this can takes decades of careful planning.

Tarrif is not an ON/OFF switch which Trump thinks

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