Re:Trump temporarily drops tariffs to 10% for most countries
by cyberax on Wednesday April 09, 2025 @04:10PM
(#43637259)
> The idea would be that different parts of the supply chain would build factories in the US to avoid tariffs.
Building a factory is a 3-5 year task, with a decade-long payback time. And at any point, tariffs can be removed, making all that investment futile.
And even then, there's no guarantee that the factory is going to help people. If it's a lights-out facility staffed with robots, then it'll just be producing more expensive goods, with all the profits staying in its owners' pockets.
Building a factory is a 3-5 year task, with a decade-long payback time. And at any point, tariffs can be removed, making all that investment futile.
And even then, there's no guarantee that the factory is going to help people. If it's a lights-out facility staffed with robots, then it'll just be producing more expensive goods, with all the profits staying in its owners' pockets.
> Over time the US re-industrializes.
Or just becomes another Argentina.