Re:US Administration announces 34% tariffs on China – 20% on EU
by ASinclair on Thursday April 03, 2025 @11:31AM
(#43571190)
If you believe in these tariffs then the major problem is how he enacted them. Businesses want certainty. It takes years to build factories. The next president could just wipe away these tariffs instantly. Hell, even the current one could. That does not give these companies the certainty they need to commit years of effort to building factories. If the goal is to spur domestic manufacturing then, at a minimum, he would get the tariffs enacted via a new law so they're more likely to stick for the long term.
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Re:US Administration announces 34% tariffs on China – 20% on EU
by 0x5f3759df-i on Thursday April 03, 2025 @11:46AM
(#43571383)
This is the key point. Even if tariffs did everything Trump claims they will (they will not) no one is investing billions to build factories in America for tariffs that will not be there in a few years.
Turns out that governing based on the whims of the executive has downsides.
Re:US Administration announces 34% tariffs on China – 20% on EU
by gizzlon on Thursday April 03, 2025 @04:23PM
(#43574910)
> not be there in a few years
Years? Lol, how much would you bet they are all exactly the same in a month? A week?
Re:US Administration announces 34% tariffs on China – 20% on EU
by Lord_Zero on Thursday April 03, 2025 @11:47AM
(#43571401)
Which is why they want to abolish term limits.
Re:US Administration announces 34% tariffs on China – 20% on EU
by lcnPylGDnU4H9OF on Thursday April 03, 2025 @12:34PM
(#43572157)
Their point has nothing to do with term limits.
> Hell, even the current [president] could [eliminate these tariffs].
The point is that the goal of building onshore production isn't as likely to be reached with these tariffs due in part to the uncertainty surrounding the method of enacting the tariffs.
Re:US Administration announces 34% tariffs on China – 20% on EU
by kristjansson on Thursday April 03, 2025 @01:06PM
(#43572591)
There is still a functioning system of laws in this county. Devolving into a monarchy is not a necessary condition for stable trade policy (and the particular guy trying to install himself has not proven a force for stability in trade policies, even his own viz. USMCA).
Re:US Administration announces 34% tariffs on China – 20% on EU
by rstuart4133 on Friday April 04, 2025 @12:12AM
(#43578263)
[delayed]