It's about incentives. The tariffs are to incentivize companies to create manufacturing facilities in the US instead of incentivizing companies to outsource manufacturing to foreign nations. Bringing back manufacturing to the US will create millions of jobs for the middle class which have been lost since the government has incentivized the outsourcing. It's pretty simple. Pay the tariffs or invest in manufacturing facilities in the country. I haven't heard anyone mention this point in the tariff debate. This appears to be the entire point of the tariffs yet everyone seems to be ignoring it.
@@Josefsson9013 Sure it's an option but how many consumers are going to stick around to pay those higher prices? Once the companies feel the hurt of the decreasing sales they will be forced to make a decision and if the government is offering tax breaks and other incentives to construct manufacturing facilities in the US then the decision becomes a lot easier to make. If the product is an amenity instead of a necessity the consumer will be less likely to spend the extra money on it to begin with so it will force that decision faster.
Right. Just build thousands of new factories with expensive equipment and machinery, that also isn't produced in the US anymore. Then you just need all the raw materials, which aren't necessarily available in the US. They can probably start growing cotton on a large scale again, but that doesn't happen overnight and it's not free. What's more likely to happen is that these raw materials need to be imported with high tariffs. You also need workers, and those need to be payed at least a minimum wage, which is higher than that of countries like China or Bangladesh. Fantastic idea for a country to spend all it's resources producing basic things that can be made much cheaper in other countries. Instead of using those resources to produce highly specialised goods that can actually make the country money.
It's about incentives. The tariffs are to incentivize companies to create manufacturing facilities in the US instead of incentivizing companies to outsource manufacturing to foreign nations. Bringing back manufacturing to the US will create millions of jobs for the middle class which have been lost since the government has incentivized the outsourcing. It's pretty simple. Pay the tariffs or invest in manufacturing facilities in the country. I haven't heard anyone mention this point in the tariff debate. This appears to be the entire point of the tariffs yet everyone seems to be ignoring it.
Shush that would require someone who isn't a self loathing globalist cuck to understand
Or just raise the prices for the consumers to pay of the tariffs
@Josefsson9013 prices can only get so high before it becomes stupid for entrepreneurs to fill the space
@@Josefsson9013 Sure it's an option but how many consumers are going to stick around to pay those higher prices? Once the companies feel the hurt of the decreasing sales they will be forced to make a decision and if the government is offering tax breaks and other incentives to construct manufacturing facilities in the US then the decision becomes a lot easier to make. If the product is an amenity instead of a necessity the consumer will be less likely to spend the extra money on it to begin with so it will force that decision faster.
Right. Just build thousands of new factories with expensive equipment and machinery, that also isn't produced in the US anymore. Then you just need all the raw materials, which aren't necessarily available in the US. They can probably start growing cotton on a large scale again, but that doesn't happen overnight and it's not free. What's more likely to happen is that these raw materials need to be imported with high tariffs. You also need workers, and those need to be payed at least a minimum wage, which is higher than that of countries like China or Bangladesh.
Fantastic idea for a country to spend all it's resources producing basic things that can be made much cheaper in other countries. Instead of using those resources to produce highly specialised goods that can actually make the country money.