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watwut 3 days ago

That particular outcome is possible when you make tariffs in a smart and predictable way. Trumps tariffs are unpredictable and also make local producers pay more for raw material they need.

reliabilityguy 3 days ago | parent [-]

> That particular outcome is possible when you make tariffs in a smart and predictable way.

You would have to prove that claim. There is more than one way to achieve a specific goal.

> Trumps tariffs are unpredictable and also make local producers pay more for raw material they need.

It’s one of the consequences. There are other ones. Is your only objective is to ensure that local manufacturers pay the least amount possible for their raw materials? This is very simplistic view of things.

amanaplanacanal 3 days ago | parent | next [-]

This isn't rocket science. If you want somebody to spend a lot of money and time setting up production in the US, tariffs have to be stable and predictable. If that doesn't make sense to you, I didn't know what to say.

reliabilityguy 3 days ago | parent [-]

And they are after the deals are signed, no?

notahacker 3 days ago | parent [-]

A lot of deals got ripped up on "Liberation Day", including some Trump was extremely proud of when he announced them in his last term. He's changed his mind several times in six months already, dropping deadlines and tariffs when the market gets itchy feet, imposing higher tariffs due to disputes with governments completely unrelated to trade. He loves to make grand gestures to distract from domestic issues, and his administration showed so little basic competency they actually publicly announced tariffs on uninhabited territories full of penguins. Why would anybody assume stability?

To echo a comment made in a parallel thread, decisions made to invest in US manufacturing don't get made by people dumb enough to take Trump at his word.

And even if he wasn't tariffs are unlikely to persist at those levels under the next President, regardless of who that is, and that's the sort of timeline you pay back your investment in US manufacturing over...

watwut 3 days ago | parent | prev [-]

You are the one who is making the claim that goes both against what historical data show and against what economists say.

So, yeah, predictability matter. Institution do not want to invest based on something that goes up and down randomly.

> Is your only objective is to ensure that local manufacturers pay the least amount possible for their raw materials? This is very simplistic view of things.

Well, yeah, them paying more is rather massive obstacle. You know what is simplistic view of things? Belief that Trump will make economy better, because you like his fraudster personality and would like to be like him.