The Trump administration’s tariff scheme appears less and less likely to bring manufacturing jobs back to U.S. shores.
Businesses across the country are crunching the numbers and realizing that, despite Donald Trump’s insistence, they can’t balance out his tariff hikes across the supply chain.
“Some manufacturers who had plans to open factories in the country say the new duties are only adding to the significant obstacles they already faced,” Bloomberg reported Friday.
That’s because the supply chain to produce those goods in the United States simply isn’t there, requiring companies to import raw materials and factory equipment—which Trump’s tariffs have made unaffordable—from abroad.
Right, this is why an intelligent leader might use tariffs to bring back manufacturing, in a very targeted way and matched with incentives to help build what is missing.
This is someone who heard that you could use a hammer in conjunction with nails to build a house so starts swinging mjolnir in every direction
that’s what happens when you have zero fucking plan at all
You mean “cOnCePts Of a PlAn” don’t count?
You mean any knowledge at all about anything or thinking ahead , which this administration hasn’t done at all, seeing as they and DOGE have just cut jobs everywhere and then these agencies have to hire people back because they’re understaffed and shit is falling apart.
You got to stop to call them incompetent. It’s on purpose. They’re traitors and are yearning for a crash.
There are easier, safer way to crash the economy that are far less public
I get the feeling those who insist there is a plan, just don’t want to admit the emperor has no clothes
Arent they following Project 2025?
Which is hardly a plan… more like a collection of terrible ideas
Remember that the entire Tariff nonsense is the brain child of Navarro who literally invented a supposed expert to justify how they could work. This is literally a fraudulent idea to fill a shitty book that, by terrible happenstance, found an idiot stupid and powerful enough to implement it
We are lucky Trump did not find Jack and Beanstalk first or he would be opening holes anywhere to plant magic seeds
You don’t say. That kind of seemed obvious from the very fucking start. Trump is absurdly incompetent or he is actively working to destroy the country. I honestly can’t tell which it is.
Trump may be incompetent but the architects of project 2025 are, unfortunately, not. Trump is merely their most useful idiot.
Oh, they’re incompetent, too. They are just very effective at installing their incompetence into the government.
I really think it’s just not a plan, but a bunch of individual wishlists. It’s not that evil is incompetent but it’s a bunch of people each pursuing their own agenda, each using the orange fool to get what they want. The part where we may get lucky is each is too egotistical to work together, and Trump is to weak a leader to make them all head in the same directions.
It’s not a bunch of incompetent fools, is a herd of evil cats
He’s working very hard to meet his campaign promises. They were too grandeur. The government needs a massive increase in revenue to be able to meet the promises he’s made. If you sit down and think about it, this is the easiest way for the federal government to increase revenue without directly increasing taxes. Then he does wild deportations to distract everyone from what he’s doing.
All to keep the top 1%'s share of total adjusted gross income to share of total income paid at 26.3% and 45.8%. Crazy to me that the top 1% of earners cry so hard about contributing a proportional amount in taxes.
So first Trump prevents any ex-allies to the US from trading with them
Then Trump prevents factories from being opened in the US to produce goods locally
What kind of 6D backgammon is this?
The kind where shelves go empty soon. I remember walking round the grocery store during covid and everything being empty, felt like a dream. Now it’s a nightmare.
This is what I’ve been saying, building factories is already an expensive and time consuming process, then you slap high prices on everything you need to make a factory work it’s going to be out of reach for basically anyone and the few who can afford it likely wouldn’t anyway because like this describes it’s not fiscally responsible but also the US is in decline why would you be putting an enormous investment into a wildly unstable system? If you want manufacturing in the US building factories needs to be reasonable price wise and you need consumers with the funds to do the consuming, neither of which can be delivered now
What Trump and MAGA wanted can be done… but over a period of many years (like 20+ years) of careful and purposeful policy making.
ironically, much of the domestic industrial policy Biden signed into law was intended to do exactly this but Trump reversed course because corrupt reasons
A combination of incentives and targeted tariffs only where necessary. For example, you might have incentives to build out EV chargers, incentives to buy EVs, “carrot and stick” to encourage legacy manufacturers to start building EVs, incentives for new EV companies, incentives for battery recycling companies …. Then come out in a dominant position for a new technology product, destined to build jobs and wealth for decades! Or you could, you know, throw that all away and then throw money at the dead tech of half a century ago
“Consumers with the funds to do the consuming” well wouldn’t that be grand. Unfortunately that would involve paying people and executives are allergic to basic decency even when the core of it is ultimately selfishness.
Also need regulatory approval, plus funding talent and all the employees for said factories, and then manage the logistics from the factories to distribution warehouses then to the stores.
The way I see,
Trump’sthe Trump Administration’s motives are:(1) Plunder the government of anything of value.
(2) Cause a recession so rich can buy everything up on the market.
(3) Sabotage America geopolitically on behalf of foreign adversaries, most notably Russia.
(4) Cement power in their control and go after any rivals.
Edit: For clarification, I don’t think it really matters what part of this is Trump himself versus the people he surrounds himself with and permits as the executive to do what they’re doing in their own personal agendas that align with one or more of these 4 points.
You’re giving him too much credit. His motives are:
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get richer
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have people kiss his ass so he can feel like a big boy
That’s it.
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It was never possible even under normal circumstances
you were warned months before, and even before the election. dont act surprised, you thought his only legislation was tax cuts, but it wasnt , he was pushing things further along the line for PUTIN.
Only the 1% are getting tax cuts. This was all known before the election but people are dumb.
So how come the people in MANUFACTURING couldn’t see his proposal in MANUFACTURING was a big crock of shit?
You mean that this plan was not fully thought out and is just another reactionary policy that will do more harm than good? Shocking!
But they’ll be able to build big beautiful factories with huge tarriffs on all the building supplies and equipment right?
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If the collapse was going to happen anyway then it would’ve been best for Trump to sit out the election and let it happen under Biden’s watch.
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