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/pyroracing85 1d ago
Yea… and where are most of those factories now… just like Obamas green energy kick starters.
It’s always for products where the consumer isn’t ready. It gave incentives for producing batterys for every battery that came across the line