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Comment by fauigerzigerk

17 days ago

Manufacturing as a share of GDP is bound to fall. It is inevitably going the way of agriculture.

The US is in the envyable position of having developed a globally dominant service sector. Putting that at risk of retaliation by imposing tariffs on all imports, including the lowest margin stuff like screws and bolts is utter insanity.

https://www.ft.com/content/aee57e7f-62f1-4a57-a780-341475cd8...