• shalafi@lemmy.world
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    4 hours ago

    manufacturing will increase

    That’s the idea, but it won’t actually happen.

    Say you make widgets and a tariff makes domestic widget production attractive. Spin up a new factory!

    But you won’t because you realize the tariffs are going to be an economic clusterfuck and you don’t want to be left holding the bag on a brand new factory when they’re repealed.