57
US small business owner says China tariffs endanger her company: ‘I could lose my home’
(www.theguardian.com)
this post was submitted on 10 Apr 2025
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Yeah just go on down to the factory outlet. Tons of factories there.
Manufacturing doesn't exist in the US. Not at any significant scale. That industry has long left, and it's not coming back unless it is cost effective to do so.
Do tariffs make it cost effective? Probably not. Americans are expensive to employ, comparably. We'd have to lower/remove minimum wage and automate away as many jobs as possible, or else the price will surely rise more than just dealing with the tarrif.
And even if it were cost effective to manufacture here, you can't just spin up that size of industry at the drop of a hat. Especially if you're in the middle of deporting all the construction workers and enticing all of the engineers to flee to Europe.
Better than tarrifs would be carbon surcharges on HFO. That's who should be feeling the heat from global trade, as the emissions from it are by far the most damning part of it for all of us. If you were honestly looking to correct a market injustice with an iron fist. The charge still ultimately gets passed onto the consumer, but this way would encourage domestic manufacture and development of greener cargo transport.
Really just any carbon tax tho. The reason I point to HFO specifically is because it's probably the worst part of global trade at the moment. If you're going to start somewhere with new taxes and actually fix something (anything), that's likely the best place to start. We've been mortgaging the habitability of our planet to subsidize the cargo ships. It's absurd.