Subj : Thanks America!
To : Arelor
From : Nightfox
Date : Sat Nov 09 2024 04:05 pm
Re: Thanks America!
By: Arelor to Nightfox on Sat Nov 09 2024 04:48 pm
>> One thing that worries me a bit is that I've heard Trump wants to impose
>> tariffs on imported goods, especially from China, where his tariffs would
>> be higher. A lot of our electronic goods are made in China, and I'm
>> worried this would mean higher prices for a lot of our goods. If you need
Ar> Welcome to the EU, where this problem is a given!
Ar> IMO the issue there is not the presence or lack of tariffs, but the fact a
Ar> former industrial powerhouse such as the US depends on importing that
Ar> stuff today.
Yes, naturally that is an issue, but at least in the short term, I think prices will go up and make things less affordable. Also, I'm not sure the tariffs would even do much to solve the issue. The reason companies are having their products made in other countries is due to the lower cost, and I worry it would be unlikely that companies would decide to move manufacturing back home. But maybe if prices are too high due to tariffs, that could happen eventually..
Nightfox
---
� Synchronet � Digital Distortion: digitaldistortionbbs.com