Consumers getting Nd:YAG lasers from China below cost are also weakening the laser supply chain elsewhere. Tariffs are a type of response to these situations.
Consumers getting Nd:YAG lasers from China below cost are also weakening the laser supply chain elsewhere. Tariffs are a type of response to these situations.
"If you look at page 1 of the tariff handbook, it says: Don't tariff inputs. It's the simplest way to make it harder—more expensive—for Americans to do business. Any factory around the world can get the steel, copper, and aluminum it needs without paying a 50% upcharge, except an American factory."
https://bsky.app/profile/justinwolfers.bsky.social/post/3lud...
As such, the way in which they're used can easily be disguished between "hidden tax" and "design to affect production location".
These tariffs are, as a whole, about adding a hidden tax.
If you mean that we exploit Chinese people by not giving them the proper salary, living standard and retirement fund, yeah true
But parallel to that, automatization has reached a level we never had before.
I don't think tarifs would lead to more capital in USA in the right/expected pockets.
Tariffs need to be applied surgically and... they are not
But those areas don't have anywhere close to the land of Brazil, Columbia or Vietnam.
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Another example: bauxite ore (Australia is our chief partner in that IIRC). USA somehow is missing the raw ore for Aluminum despite nearly everyone else in the world having it.
There's lots of things we can't make
Something not quite the same, but parallel is happening with Florida oranges:
> Only 12m boxes of oranges will have been produced in Florida by the end of this year (2024), ... The figure is 33% lower than a year ago, and less than 5% of the 2004 harvest of 242m boxes.
> It is also dwarfed by the 378m boxes expected to be produced this year in Brazil
https://www.theguardian.com/us-news/2024/dec/22/florida-oran...
And tariffs won't change that.
Much like "Chinese gooseberry" was rebranded as "Kiwi fruit".
Maybe "Ilex vomitoria" -> "Patriot puke". "Spew American!".
At the end of the day the prices still rise just not as much as with the tariffs but higher than foreign made without tariffs.