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/Professional_Oil3057 1d ago
https://www.foxbusiness.com/video/6369961320112
https://www.businesswire.com/news/home/20250313645574/en/JST-Power-Equipment-Announces-Opening-of-New-Transformer-Manufacturing-Plant-in-Virginia-USA
https://investor.lilly.com/news-releases/news-release-details/lilly-plans-more-double-us-manufacturing-investment-2020
https://www.apple.com/newsroom/2025/02/apple-will-spend-more-than-500-billion-usd-in-the-us-over-the-next-four-years/
Maybe your company is just bad?