Yes, reshoring American industry is possible. The reshoring of the solar, chip, and battery industries is a direct rebuttal to the naysayers, and proof that American manufacturing can succeed. Whether reshoring continues is a matter of political will. Trump could shift production back to China.

https://www.noahpinion.blog/p/yes-reshoring-american-industry-is

by mafco

5 comments

  1. The problem becomes if it is blanket tariffs what will be happen is the PARTS become cheaper to import. If creating X requires Y we might manufacture X here but getting Y into the country is the problem. Our unemployment is already low and our manufacturing is not setup to make the pieces but to build the final THING.

    Take a car. We don’t have the manufacturing for large scale cheap steel, or for the plastic pieces, or anything but we have the setup for putting the car together…

  2. Lets take an example of steel. Last time traffic were introduced on steel to protect say for example 5000 workers in steel industry. But now steel had become expensive after tariff. Now there are 1000s of companies using steel and they will have their profit margin squeezed. If each of those companies hired 1-2 less people (which they would have if their margins were before tariff), then we have loss of more than 5000 employment in the companies using steel. I do not know why people not understand this. Now take example of steel again in aircraft manufacturing. With tariff BOEING pays more for steel while AIRBUS pays less for steel. Who in the end would be winner?

  3. This is the key reason why Republicans need to fight Trump’s attempts to undo all of Biden’s accomplishments. Yes, climate change is enough justification for the rest of us. But even Republicans who don’t care about climate change should care about revitalizing the US manufacturing sector and public infrastructure, which will provide thousands upon thousands of good paying middle class jobs and increase economic growth and national security.

    But will Republicans find the integrity and courage to put their country’s interests above their cult leader? It remains to be seen.

  4. The question remains:

    With the prices being driven up to bring manufacturing home, what happens when they are home? Will the prices decrease? Or stay the same to satiate the CEOs coffers? Its not like the admin is thinking of the lower class. Hell, his ilk think children should work for their school lunch food.

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