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Re:Kiel Institute Analysis: US Americans pay 96% of tariff b... by Sharlin on Monday January 19, 2026 @12:57PM (#46682274)
For many if not most of the affected imports, it would never ever make economical sense to try to rebuild a local industry from scratch, at least not without major subsidies. And as for local alternatives that already exist, they carry a premium higher than any tariff (because a local workforce likes to be paid living wages), even if magically scaled up to achieve some degree of economies of scale. Western economies are truly and irreversibly post-industrial.

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