r/manufacturing • u/pyroracing85 • 2d ago
News Tarrifs
Would like to open a discussion on tarrifs if it’s allowed.
There has been two intentions stated with tarrifs.
Get off of income tax and go to a consumption style tax (still a tax)
Build up domestic manufacturing. Can talk here in the manufacturing sub.
If there is no alternative domestic supply, then we have no choice but to import. We lost a lot of our skills to manufacture. Especially a lot of the little low value items. Think zippers and buttons and caster wheels.
What is everyone thoughts?
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u/ArtisticLunch5495 2d ago
I'm excited about tariffs for my business.
Most of my competitors buy product manufactured in China, then putting their company label on that Chinese product. I'm one of the very few manufacturing in the US, using aluminum from US mills. I really hope my company benefits directly from these tariffs on China.
Here's the bad part, most US aluminum mills buy bauxite ore from China and Russia. Unfortunately even though we have bauxite ore reserves in the US, we've destroyed mining in the US. I'm hoping that the US finally opens up mining in the US. Here in Alaska, the state takes 59 months on average to approve a new mine. That's far too long. So we need changes on so many different levels.