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Let’s see, Trump has received $5T of new money to build new things in the states and a lot of them will employ hundreds of thousands of people. You forget, if you are building a plant that will be using robots, you still need a lot of people to build the plant, program and maintain the robots, and a staff to do things that robots can’t do. Every car plant in the world has robots but they also have a large staff to keep it running and to do certain tasks.
The OP brings up a unique situation about trying to move $3 labor plant to the US. This won’t happen, but how about the large tariffs brought by Germany, UK, Japan, and others that make much more than $3 an hour to build cars, these places can move to the states and most of them have for decades. Remember, Trump isn’t asking nations to pack up shop and relocate here, he gives them multiple choices: 1) build here 2) take your tariffs off and we will take ours off. Pretty simple. While we are at it, I like trumps idea to create the ERS (external revenue service) that gets the tariff money and reducing or eliminating the IRS. When CEO’s are interviewed here in the states and even Warren Buffet, they like what Trump is doing with the tariffs. Trumps tariffs from 2017 are still in place today, if they were bad, why haven’t they been eliminated? And since those tariffs are on aluminum and steel, how much have you been paying extra for a can of soda? Since those tariffs are in place, how much aluminum do we import or how much more do our aluminum plants produce of what we buy? 1 more thing, we also have factories or businesses running at 50-75% capacity, maybe tariffs will work out for the US to get these running at full capacity without the need to build something new that could take years. |
if they move manufacturing at all, it will be many years. Trump will be gone as well as most of us
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And just like that… everyone’s a tariff expert. 😂
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do NOT expect to see Businesses returning any time soon … primarily because these recent actions have led to the USA being viewed as Untrustworthy and Disgraceful concerning the Global Market/Economy and our previous allies …
… the World is No Longer Simply Watching, BUT Now is Reacting !! |
Economics is a strange subject.
A trade surplus is great for China, South Korea, Japan, Norway, Netherlands, Germany and Switzerland but bad for the United States who once saved the world from Tyranny with its manufacturing base. Aircraft Over 300,000 military aircraft, including: Fighters: P-51 Mustang, P-47 Thunderbolt Bombers: B-17 Flying Fortress, B-24 Liberator, B-29 Superfortress Ships 88,410 naval vessels, including: 6,768 cargo ships (like the Liberty and Victory ships) 1,200 major warships 22 aircraft carriers (fleet and escort) Tanks and Armored Vehicles 88,410 tanks and self-propelled guns Small Arms Over 12 million rifles and carbines 2.7 million machine guns Over 40 billion rounds of ammunition Vehicles Over 2.3 million military trucks and jeeps At its peak, the U.S. was producing nearly 40% of all Allied military equipment. The vast majority of the workers were middle income. But now we are told America sucks in manufacturing so we need to just run massive trade deficits and we will be so much more wealthier. Who cares if tens of millions will never have a shot of a meaningful career with good benefits. Let them flip burgers. |
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Trillions have already been committed to investment in the United States. Maybe the new factories will be primarily robotic, but service jobs always spring up around factories. Corporations plan their investments years in advance. The fact that investments are publicly announced now means we are watching a plan unfold that was years in the making. The goal is trade balance and not trade dominance. We don't have to make socks in the US if we have something of value to export.
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This was the best answer so far:
Remember, Trump isn’t asking nations to pack up shop and relocate here, he gives them multiple choices: 1) build here 2) take your tariffs off and we will take ours off. But I would add a third. Open your markets and we will drop our tariffs. This whole thing is about market access and non-tariff barriers. The goal is to cut China out of the world economy. Anything that can be made in China can be made in Vietnam, Cambodia, etc. Vietnam is already making a deal. Trump is a Penn Wharton MBA. He understands the concept of the division of labor. |
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#morewinning
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What if we get in a war with China, who will make out equipment ? Not us, we don't make anything except condo's and fast food.
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Contrary to what ToTV folks are saying, every single expert that I have read about say that tariffs are bad....very bad. The only logical reason for tariffs are to gain power. Place a tariff on a country and force that country beg for relief. Unfortunately, now, we all complicit in this power grab. |
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Manufacturing No, Corporate Headquarters YES
Manufacturing may not move, but many corporate offices are talking of moving their HQ and earnings to the US again. Taxes drove them away.
Purina , Budweiser , Tyco, IHS, Pfizer, Birger King(Canada lol), Medtronic, Frigidaire etc…. |
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It takes a high tech manufacturing plant typically 5-7 years to build. CEO’s are not bringing their plants back because Trump will be gone well before that time. CEO’s prefer paying for $3 an hour labor along with many raw materials cant be found in the US. Btw, typically a high tech robotic run plant needs HIGHLY skilled educated workers, not the normal joe blow worker. Youll need IT and engineering degrees.
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If so then why do we have our military deployed around the world at great expense to our economy? Its time we pursue policies that support the USAs interest over our so called allies. Germany – Largest U.S. military presence in Europe; bases like Ramstein and Grafenwöhr. Italy – Naval and Air Force bases (e.g., Aviano, Naples). United Kingdom – Several Air Force bases, including RAF Lakenheath. Poland – Increasing troop presence under NATO initiatives. Romania, Bulgaria, and the Baltics (Estonia, Latvia, Lithuania) – Rotational deployments, NATO reassurance. Japan – One of the largest overseas deployments; includes Okinawa and Yokota Air Base. South Korea – Large presence (~28,000 troops) as a deterrent against North Korea. Guam – Strategic U.S. territory with significant naval and air assets. Philippines & Australia – Rotational deployments and training agreements. Turkey – Incirlik Air Base, strategic for Middle East operations. Kuwait – Major logistical and support hub. Qatar – Al Udeid Air Base, key for CENTCOM operations. Bahrain – Home of the U.S. Navy’s 5th Fleet. United Arab Emirates (UAE) – Air Force presence and joint training. Iraq & Syria – Troops remain for anti-ISIS operations and advisory roles. Djibouti – Camp Lemonnier, the main U.S. base in Africa. *****, Kenya, Somalia – Smaller, mission-specific deployments focused on counterterrorism and training. Chart: Where U.S. Troops Are Based Around The World | Statista |
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Plant Doesn’t Matter as much as corporate offices
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There also appears to be a lack of appreciation/understanding for what is in the best interest of the US. |
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Think about it. If you stop buying products with levied tariffs because you aren’t willing to pay an extra 20% or 50% or 100%, you will need to stop shopping at WalMart, the Dollar Store, Home Depot, etc. These stores may be forced into bankruptcy if tariffs continue for a year. But that is how the trade imbalance is solved. The alternative is for the foreign countries to stop subsidizing their own companies and let the cost of the items rise to what they actually cost to produce and sell. Oh, but doesn’t that raise your costs when you go shopping? Yes. For a lot of things you like to buy, there are no completely American equivalents. You will either have to do without or pay higher costs for the overseas product you love, and your purchase at least, at that higher price, will put more money in our U.S. Treasury. It’s a bit like a Luxury Tax, but a Luxury Tax on WalMart Shoppers who used to buy products there because they were less expensive. |
:cryin2: All this consternation makes me glad I'm on the other side of 70.
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So you're telling us every worker in a high tech manufacturing plant has an IT and Engineering degree? It's most likely all those educational skills were gleaned from American colleges where we blindly educate students from all different countries and send our brilliance back to their homes. |
Only a few officially listed
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This is a huge problem in our country with this dialog being produced that we are no longer smart enough, hard-working enough, visionaries and on the whole, unable to care for ourselves. Now other countries need to take care of us, we've become idiots and lazy. Maybe those of us who couldn't afford a college education but thought on our feet through life experiences, actually worked hard, cared for our families and added to society are becoming extinct. Too bad for America as we are then left with many portfolio carrying college graduates with little incentive for anything since they plan to get rich in the stock market. |
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Additionally, our Nation will be more secure if we can again produce the equipment our military needs to protect us and our allies. Currently, for example, there is only one U.S. supplier of primers for bullets, and zero lead smelting plants. |
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