Comment by yibg
16 days ago
Seems unlikely, at least in the near term. These are LARGE amounts of good to be shifting, and they don't shift overnight. Plus, if the tariffs calculations are really based on trade imbalance, who's to say Columbia won't get slapped with more tariffs as soon as they start making and exporting more goods to the US. Pretty risky to be opening up a bunch of factories only to be tariffed to death right after.
> These are LARGE amounts of good to be shifting, and they don't shift overnight
Hence I listed countries where manufacturing in those industries was significant until 10-15 years ago or where investment has largely moved beforehand.