Re:Tariffs Are Proving 'Big Headache' for Tech Giants, Says ...
by piva00 on Friday March 14, 2025 @08:14PM
(#43368676)
While tariffs have been used as a protectionism measure in Brazil for decades, and before tariffs there was a complete import ban for a lot of manufactured goods during the military dictatorship. It never ever helped local industrialisation, instead the country is stuck paying absurd prices for electronics goods while the local production, research and development, etc. are extremely subpar.
It only helped locally produced shoddy products to win a larger market share, quality is underwhelming since they don't have to compete with more better products at the same price.
If the object is to bring in local manufacturing jobs, it's hard to claim that tarrifs can not be successful.
However, you can naturally expect vocal opposition from companies that want to avoid higher labor costs.
In the case of India, it's worked out very well as a proof of concept after Apple decided to reduce their reliance on China.
> Apple Aims to Make a Quarter of the World’s iPhones in India
https://www.wsj.com/tech/apple-aims-to-make-a-quarter-of-the...