What would stop the US mega corps from just raising their prices 19pct? Still cheaper and free profit.
i honestly don’t understand the question. why should they do that? what’s stopping them now? what’s your point?
Why would large manufacturers move to a US with all its pesky eco rules and labor protections if you can just stay in your current country where you invested in your factories and just have the US consumer eat the price hike?
because you can now produce at home at a competitive price?
Investing in a country due to tarrifs is risky, cause if the tarrifs ever go away you invested in an uncompetitive manufacturing plant.
indeed, longterm stability and predictability is important. there are unpredictable factors in 3rd world countries the west civilization currently exploits as well, so the goal is to be more stable and predictable at home. i am not saying it is easy.
Tarrifs will be met with counter tarrifs causing other sectors to implode. The last round of trump tarrifs on china needed to be spent on farmers in the US almost completely because china tariffed their products and their main customer base in china dissapeared over night.
i honestly don’t understand the question. why should they do that? what’s stopping them now? what’s your point?
because you can now produce at home at a competitive price?
indeed, longterm stability and predictability is important. there are unpredictable factors in 3rd world countries the west civilization currently exploits as well, so the goal is to be more stable and predictable at home. i am not saying it is easy.
so… it worked?