Re:Trump Announces Sweeping Tariffs
by 93po on Thursday April 03, 2025 @08:02AM
(#43568409)
It was never going to last if the US allowed for very low cost imports from those countries. This is literally one of the largest points of tariffs - protecting domestic manufacturing. We could have had high tariffs the whole time and offshoring would have been much less pronounced. I'm not saying that would have been a net positive, but to say it would never last is only true under certain circumstances.
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Re:Trump Announces Sweeping Tariffs
by whereismyacc on Thursday April 03, 2025 @12:35PM
(#43572173)
You were still going to lose export markets as international competition grew, and you were still going to shift to higher value-added service jobs as the economy developed.