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The Political Forum Discuss anything related to politics in this forum. World politics, US Politics, State and Local.

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Old 12-06-2024, 05:33 PM   #1
reddog1951
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Default A thought on tariffs

Part of the pro-tariff logic seems to espouse they will encourage the return of industries such as steel production, chip production, etc. to the US. Problem is that this requires a huge investment in infrastructure by private industry to "ramp up" to do so. Do you think any major CEO is willing to do so knowing that Trump is a one term president at best, and that the tariff protections could disappear before they recoup their investment?
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Old 12-07-2024, 12:14 AM   #2
Ripmany
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May stop giving free shipping china nail
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Old 12-07-2024, 05:31 AM   #3
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Quit looking at tariffs in the singular, and quit ignoring the regulatory nightmare Democrats keep pushing on businesses raising costs of production above another countries.
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Old 12-07-2024, 06:14 AM   #4
Lucas McCain
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Quote:
Originally Posted by reddog1951 View Post
Do you think any major CEO is willing to do so knowing that Trump is a one term president at best, and that the tariff protections could disappear before they recoup their investment?
If it was cheaper to do it here, they would have already done it as an investment for the future. With the cost of purchasing facilities and paying probably 5 times more in labor here in the states, say goodbye to your margins so no, those CEOs and more importantly, their Board of Directors are likely to leave it as is.

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Originally Posted by farmstud60 View Post
Quit looking at tariffs in the singular, and quit ignoring the regulatory nightmare Democrats keep pushing on businesses raising costs of production above another countries.
Regulated or not, labor and facility costs are what they are here and why pay for a giant facility and extra in labor when you don't have to?
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