Or the factory can build their parts here in one of our 50 great states. Turns out, Canada isn't the only place you can build a violin face rest.
Or the factory can build their parts here in one of our 50 great states. Turns out, Canada isn't the only place you can build a violin face rest.
Think not for one moment that Apple et al can rest on their laurels “designed in California”. China is coming for the value chain lunch.
This is a fiction. The US manufactures more than it ever did, just not the same products and with less staff. The US is second only to China.
This is a normal process of seeking out better markets and ceding less profitable ones.
https://en.wikipedia.org/wiki/Manufacturing_in_the_United_St...
Let’s not even mention that in belligerence it is the “less profitable” industries that carry the war.
In the short term, it drives up prices and makes consumers poorer. In the long run, tariffs shield companies from global competition and limit their ability to scale. Without that pressure or opportunity, businesses grow weaker—not stronger.
That weakens U.S. industry, not strengthens it.
Is that Wharton business buzz-speak? Did the millons of jobs lost when manufacturing was moved overseas "deliver long-term success" ?
Driving up prices is ok sometimes. It makes sense when the value of the dollar is diluted thanks to inflation. People cannot afford to live anywhere, and judging by the replies, everyone here is fine with that.
Then the ⅔ they sell outside the USA would be subject to the retaliatory tariffs likely to come in response to Trump's tariffs. They'd also lose at least some of their existing 10 employees who wouldn't want to move, so they'd need to train more — quality would suffer.
It's more likely they'll find ways to avoid the USA — the European nylon supplier mentioned in the article might reduce their minimum order size, or maybe they could find another business to split the minimum order. The Canadian packaging producer is probably trying to find a Canadian paper supplier.
Your point is basically Trump propaganda at this point. Tariffs have historically had unintended consequences. For instance the tariffs on LCD screens basically killed the laptop industry in the US.
Maybe, just maybe, after 20 years of tariffs it might come true, for a limited selection of products, but consumers would be paying higher prices in the meantime, which may destroy the market.
Add on that trump is quite literally tariffing the materials needed to expand US industry/manufacturing.
The US also has a major labor shortage that trump is only making worse. How are ya gonna build a violin face when you can't hire anyone to do it?
Like usual, conservatives/Republicans grossly oversimplify how the world works in order to get sound bites and convince fools that 1+1=3.
We're going to use children.
The US labor force is shrinking for at least the next 20 years. We're losing 500-900k workers a year until at least 2034, and longer if people have fewer children because of, well... And it's not projected to increase until 2045.
All the squealing you hear from business owners? Labor today is likely about as inexpensive as it's going to be for the next 20 years.
Also I don't think he's making the labour market worse, haven't deportations been roughly at the same level as past administrations when we actually drill down into the numbers?
What he is doing differently is targeting protestors of U.S. foreign (and probably soon domestic) policy with his deportations, which is simply abhorrent, not to mention possibly illegal.
But it remains to be seen if these measures will actually harm the economy, or (by suppressing criticism) actually strengthen his administration. It's a move out of the fascist playbook, and fascist economics aren't necessarily bad for the economy (except when they're overthrown or defeated).
I highly doubt we'll see the U.S. defeated in conventional warfare any time soon, so if he manages to extend his seat as fuhrer, I think his deposal will only be possible internally.