Quote:
Originally Posted by skarra
why do we want low paying and now largely automated manufacturing jobs when we do services so well and have a surplus in that respect with nearly every nation? China owns cheap manufacturing now - we need to get over it. The services industry includes Banking/finance, High Tech, Accounting, Tourism, etc. Isn't that what young people want?
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The effect of tariffs on tourism has largely been overlooked. 35 million foreigners visited the USA last year. Most of the World currently views the USA unfavorably so it will be interesting to see the drop in overseas tourist numbers. There are plenty of "friendly" countries to visit instead.