Re:New US Tariffs are Anti-Maker and Will Encourage Offshoring
by icebraining on Tuesday June 19, 2018 @11:50AM
(#17347771)
1) The point of tariffs is to force people to buy local production, by making alternatives more expensive. If people are willing to pay more to buy Made in US, you don't need them.
2) The source for that number shows that reshoring has been steadily increasing for years [1]. So why the need for tariffs now? Hell, seems like you'd just want to keep up the previous administration's polices - clearly they're working.
[1] http://reshorenow.org/blog/reshoring-initiative-2017-data-re...
"U.S. consumers are willing to pay more for “Made in America” goods, according to a recent nationwide survey"
https://morningconsult.com/2017/11/21/poll-support-for-purch...
2.) tariffs encourage reshoring and new robotics/automation factories, which is still net jobs for US. which also makes prices back to where it was before tariffs (maybe even less)
"171,000 JOBS COME HOME TO USA IN 2017" http://yonkerstimes.com/171000-jobs-come-home-to-usa-in-2017...
3.) in a perfectly competitive market, price always goes to equilibrium. which would discount tariffs