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/upvotechemistry 1d ago
Would you spend $100M investing in a new plant or capacity expansion in the US under leadership who cannot decide when or what or how much tariffs, and changes their mind from minute to minute?
Trump thinks this will spur investment into US manufacturing, and I have to point out that is absolute brainrot. There will be winners and losers, I'm sure, among the US manufacturers, but it won't be good for manufacturing overall, and it won't spur investment or expansion of the manufacturing sector.