The Trump administrationās tariff scheme appears less and less likely to bring manufacturing jobs back to U.S. shores.
Businesses across the country are crunching the numbers and realizing that, despite Donald Trumpās insistence, they canāt balance out his tariff hikes across the supply chain.
āSome manufacturers who had plans to open factories in the country say the new duties are only adding to the significant obstacles they already faced,ā Bloomberg reported Friday.
Thatās because the supply chain to produce those goods in the United States simply isnāt there, requiring companies to import raw materials and factory equipmentāwhich Trumpās tariffs have made unaffordableāfrom abroad.
Tariffs arenāt designed to bring manufacturing back. Itās designed to crush the US economy for Daddy Putin. Itās designed to starve out the plebs. Itās designed to bankrupt companies to be bought by the billionaire class for pennies on the dollar.
Leave Russia out of it. Itās your own rigged election system and lack of real competition that led to this
Iām not American nor living in the USA.
You left out the most important reason: getting people to come kiss Trumpās ass to ask for exemptions. Nothing is more important than getting Trump the sycophancy he has to settle for in lieu of respect.
People keep ignoring thisā¦
I donāt personally think itās true. I think Trumpās first term he spent all day and night on putins dick and this term he is trying to achieve a similar staying power. He wants to be more powerful than Putin.