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patphil

(8,151 posts)

3. No company is going to risk billions to start up a new manufacturing center because of tariffs.

Reply to Yo_Mama_Been_Loggin (Original post)

Fri May 23, 2025, 08:53 PM

May 23

They could be part way through the process only to have the tariffs go away, which would make their new endeavor unprofitable.
The right way to do this would be to give incentives for companies to expand their US operations, not create an adversarial environment that could collapse at any time.

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Highlight:

Wells Fargo warns Trump's tariffs won't bring back American manufacturing jobs, which will need a minimum $2.9 trillion [View all] Yo_Mama_Been_Loggin May 23 OP

Multinationals... KentuckyWoman May 23 #1

The tariffs do allow Trump to collect more taxes from the American people. Norrrm May 23 #2

No company is going to risk billions to start up a new manufacturing center because of tariffs. patphil May 23 #3

Say it loud and clear! Norrrm May 23 #4