Sure, if the money is put toward that. And if people can afford to buy what are now more luxury goods. On top of things domestically produced with now being more expensive due to the necessity of importing raw materials. And if a lot of the manufacturing investment doesn’t just vaporize like the PPP loans or broadband investment.
In a few years that manufacturing could get spun and match a portion of the rest of the world’s production capacity.
Of course this time most of the world isn’t flattened by WWII and they’ll actively be looking for alternatives to trading with the US.
No I’m saying this is the dumbest trade war and even the possible positive outcomes, that are years away at best, are not worth the loss in the US’s global trade influence.
It took less than a month to alienate a market the US has been trying to crack for decades, piss off every ally, and make the rising capability of China even more attractive to basically everyone. If only as a lever to pressure future US deals.
There are no short or long term national benefits to any of the tarrif bullying Trump has been attempting and the medium term ones are speculative.
So basically we need to use whatever money is made from tariffs and invest in labor and manufacturing.
Sure, if the money is put toward that. And if people can afford to buy what are now more luxury goods. On top of things domestically produced with now being more expensive due to the necessity of importing raw materials. And if a lot of the manufacturing investment doesn’t just vaporize like the PPP loans or broadband investment.
In a few years that manufacturing could get spun and match a portion of the rest of the world’s production capacity.
Of course this time most of the world isn’t flattened by WWII and they’ll actively be looking for alternatives to trading with the US.
So you’re suggesting that the USA must, economically, start WW3?
No I’m saying this is the dumbest trade war and even the possible positive outcomes, that are years away at best, are not worth the loss in the US’s global trade influence.
It took less than a month to alienate a market the US has been trying to crack for decades, piss off every ally, and make the rising capability of China even more attractive to basically everyone. If only as a lever to pressure future US deals.
There are no short or long term national benefits to any of the tarrif bullying Trump has been attempting and the medium term ones are speculative.
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