Slacker News Slacker News logo featuring a lazy sloth with a folded newspaper hat
  • top
  • new
  • show
  • ask
  • jobs
Library
← Back to context

Comment by yibg

8 months ago

The stated goal of tariffs is to force companies to shift production back to the US. But US production costs more, hence the outsourcing in the first place, so shifting production back to the US increases cost.

If costs goes up then either prices go up too or margins go down or a mix of both.

0 comments

yibg

Reply

No comments yet

Contribute on Hacker News ↗

Slacker News

Product

  • API Reference
  • Hacker News RSS
  • Source on GitHub

Community

  • Support Ukraine
  • Equal Justice Initiative
  • GiveWell Charities