monkeyswrench
To The Rescue!
- Joined
- Sep 7, 2018
- Messages
- 29,447
- Reaction score
- 84,113
The tariffs proposed by Trump are hopefully used more as threats and bargaining chips. I'm pretty sure China needs our dollars as income. I don't know if they could stay afloat without it. That said though, we've become really dependent on them.
Of course, bringing manufacturing (and jobs) back stateside will be great. The major problem I see is the lag time. It wouldn't be just hiring people, and getting materials. Tooling and equipment will have to be acquired, or even manufactured. This is also assuming the energy limitations can be sorted out...both with the leaf lickers in office, and generating it.
Last week I paid 32$ for an oil filter that less than a year ago was expensive at 22$. I know inflation needs to be curbed, but what could happen to prices with a 20% tariff, or just no supply at all?
What say the intelligent people? I'm no guru on economics, just a guy that relies on being able to get simple things, like hardware and parts.
Of course, bringing manufacturing (and jobs) back stateside will be great. The major problem I see is the lag time. It wouldn't be just hiring people, and getting materials. Tooling and equipment will have to be acquired, or even manufactured. This is also assuming the energy limitations can be sorted out...both with the leaf lickers in office, and generating it.
Last week I paid 32$ for an oil filter that less than a year ago was expensive at 22$. I know inflation needs to be curbed, but what could happen to prices with a 20% tariff, or just no supply at all?
What say the intelligent people? I'm no guru on economics, just a guy that relies on being able to get simple things, like hardware and parts.