cross-posted from: https://lemmy.world/post/34101401

Cue Condescending Wonka.

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[–] 8 points 1 year ago (1 child)

Even if trump gets "favorable deals" its unlikely individual buyers or decision makers will still buy american. The damage is done.

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  • [–] 11 points 1 year ago

    "Favorable Deals" actually make it worse.

    Say you're an auto manufacturer. You ca build in the US, pay massive tarrifs (50% on steel, 100% on computer chips, etc) on all your parts and supplies, then have to sell to Americans who expect to pay less because they don't have to pay a tarrif on domestic products.

    Or you can build in Europe, have 0 tarrif-related expenses, and just pass the new 15% tarrif to your American customers.

    It's literally better for existing American manufacturers to move out of the country than to continue operating here.

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