Let’s pretend for a moment we all agree that each country should be almost entirely self sustaining and that this is even possible.
Now, how long do you think it would take for factories to be planned, designed, built, furnished and started? a day? maybe 2? or perhaps it would take years?!.. well it does take years but the tariffs are here now
So let’s say you are a business owner and somehow magically have a piece of land lined up to buy, money and plans already made to bring production home. Tariffs are here now so you would be bleeding money while you build the factory… but wait, you invested in that plot of land and tariffs are removed 3 days after announcement… now it is still cheaper to buy your stuff abroad than ever build it here… what now? do you keep spending millions in a factory that will never be able to compete?
And this is from the business perspective. The consumers of the USA, whose salaries have been stagnant for 40 years, will now have to face the severe economic pain until all these magical factories pop up from the ground like we are in a sims game.
Even if the idea was not completely unfeasible, the way it’s been implemented is beyond idiotic
Let’s pretend for a moment we all agree that each country should be almost entirely self sustaining and that this is even possible.
Now, how long do you think it would take for factories to be planned, designed, built, furnished and started? a day? maybe 2? or perhaps it would take years?!.. well it does take years but the tariffs are here now
So let’s say you are a business owner and somehow magically have a piece of land lined up to buy, money and plans already made to bring production home. Tariffs are here now so you would be bleeding money while you build the factory… but wait, you invested in that plot of land and tariffs are removed 3 days after announcement… now it is still cheaper to buy your stuff abroad than ever build it here… what now? do you keep spending millions in a factory that will never be able to compete?
And this is from the business perspective. The consumers of the USA, whose salaries have been stagnant for 40 years, will now have to face the severe economic pain until all these magical factories pop up from the ground like we are in a sims game.
Even if the idea was not completely unfeasible, the way it’s been implemented is beyond idiotic