This page is a permanent link to the reply below and its nested replies. See all post replies »
Alter4Ego · 56-60, M
It is likely that moving production back to the US from abroad will also be inflationary. It is simply cheaper to make them abroad. If they are made in the US prices will go up.
Alter4Ego · 56-60, M
@Dignaga Your economy isnt offshore. It makes higher value, hitech and high margin goods.
Your economy on all the metrics I can see is at least doing very well.
I wasnt commenting on the politics simply the economics. Tariffs tend to be inflationary.
If your country repatriates the making of low value consumer goods they will be more expensive than those made in countries with lower costs.
Also if the imposition of tariffs creates more jobs the employees will have more money. They will spend more, demand will increase and so will inflation.
Your economy on all the metrics I can see is at least doing very well.
I wasnt commenting on the politics simply the economics. Tariffs tend to be inflationary.
If your country repatriates the making of low value consumer goods they will be more expensive than those made in countries with lower costs.
Also if the imposition of tariffs creates more jobs the employees will have more money. They will spend more, demand will increase and so will inflation.