XPost: alt.politics.usa, alt.fan.rush-limbaugh, alt.politics.trump

c186282 <[email protected]> wrote in news:[email protected]:

https://www.dailymail.co.uk/news/article-14559791/trump-liberation-day- tariffs-markets-melt-price-hikes.html

. . .

Nobody is quite sure what this means.

Everyone knows what it means - higher prices.

LIKELY to be like a 20+ percent import
tariff on EVERYTHING.

The IDEA is to attract/build In-USA industry.
Minor issue is that it takes YEARS to build
factories and such, esp for 'tech'.

These days, the USA badly NEEDS in-country
makers.

Then why does Trump have all HIS merchandise
made in China and Mexico?

NOT safe to rely on China and friends
anymore. BUT ... as said ... this cannot appear
overnight. "Chips" - likely 18 months to build
basic facilities and then another 18 months to
fine-tune the production - nanometer engineering
is NOT easy. Metal/mineral/etc stuff - similar
timeframe for other reasons.

CAN a general tariff work ? Well, kinda yea.
The USA has suffered with such from OTHER
countries for decades as they undermined
OUR local production.

Under Trump, US jobs are moving overseas
even faster than before
Dec 1 2017

"We're just shipping company after company
after company is leaving this country and
leaving jobs behind," president Donald Trump
said on the campaign trail last year. "And
I'm going to get it stopped."

So far, not so good. A group that advocates
for federal workers says government records
show (pdf) more than 10,000 jobs at federal
contractors have been sent over overseas
since Trump was elected. That's more than
double the average annual amount during
Barack Obama's presidency.
https://tinyurl.com/49mw7era

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