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Havish Gupta

Figuring Out • 1d

Trump Has Issued Tariffs on All Major Countries. Does It Really Help the US? In Short: 1) Governments impose tariffs to reduce imports. 2) Higher import costs make foreign goods more expensive in the domestic market (here USA). 3) This encourages

Anonymous 2

Hey I am on Medial • 1d

The "free trade" experiment of the past 30 years gutted our industrial base and left us dependent on hostile nations. Yes, tariffs raise prices short-term, but they're an investment in national security and working-class jobs. Every major economic power from Germany to Japan to China protected their industries during development. America needs to rebuild its manufacturing sovereignty, and sometimes that requires short-term pain for long-term gain.

1 replies1 like

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Havish Gupta

Figuring Out • 16h

It surely needs to rebuild it's manufacturing sovereignty, but it's not the government who builds the factories, it's the companies. Companies like Apple and Tesla which even after imposement of tarrifs, move to other countries for production (as it's still cheaper). This time Trump have imposed tarrifs on all Major countries so the price difference won't be much, but that 'much' isn't less when it comes to producing 1000 Dollar iPhones or 40 Grand Model 3. So, what do you think? Will these companies find other place to set up manufacturing or would set-up plants in US?

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