@Typo-MAGAshiv I saw initial reports that JCB were "moving their production to the US" but upon further inspection they are increasing the size of a factory already under construction. So I guess it's not for nothing.
What were the others, out of interest?
@Stigma there have been a few different large manufacturers who have declared intentions to build large plants in the US instead of overseas
So far, it looks like it will, despite all the naysayers.
What have you seen to give you that impression? I'm unable to phrase that question so it doesn't at first appear combative, but I'm genuinely trying to drill into the aim and repercussions of this thing, divorced from ideological positions.
@Stigma *shrug*
Other countries have been charging tariffs on US-made goods for decades.
We haven't been.
During these decades, most of our jobs went overseas.
Will reciprocity bring the jobs back?
Who knows? Only one way to find out. So far, it looks like it will, despite all the naysayers.
@Stigma on the bright side, I've stumbled on some forgotten Lefties, that ironically think that this kind of national "protectionism" is very left-wing and support it...
Clown world indeed.
This de facto uncontrolled economic demolition gambit starts with the warped fantasy that launching a customs war on China is a bright idea. As bright as collecting a few trillion extra dollars in tariffs assuming the rest of the planet will be somewhat “encouraged” to sell to the Hegemon, while pretending that these tariffs will lead to the re-industrialization of the U.S.
www.youtube.com/watch?v=Vtv53ktBjSk
I've tried to sift through the signal/noise ratio around these tariffs and the same answer keeps coming up again and again:
They're fucking stupid, whichever way you slice it...
@Lone_Ranger I posted this because the other day I mentioned shorting and go no love.
Not enough of a dip to gain much, but a prediction is a prediction!