Comment by causal
12 days ago
The author is not anti-US-manufacturing. He explained how the current tariff policy undermines US manufacturers. He is pointing out the obstacles and what we must do to overcome them. The obstacle is the way.
12 days ago
The author is not anti-US-manufacturing. He explained how the current tariff policy undermines US manufacturers. He is pointing out the obstacles and what we must do to overcome them. The obstacle is the way.
I wouldn't say he is anti-manufacturing but more that he takes a defeatist view.
Two of his points: "Industrial supply chain is weak" and "We don't know how to make it" are exactly the same. >all the factories which make the needed components are in Asia, >because they know how to make the best semiconductors in the world.
But this is looking at the problem and then missing the point: If I decide to start mfg. IPhone in the US, I can't because there are no suppliers.
As long as nothing changes, there will continue to be no suppliers.
If I HAVE to mfg the IPhone in the US, at first I will import due to no supplier but someone will make a local supplier because they can undercut my importer.