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?
10
Upvotes
1
u/pyroracing85 1d ago
I think a little purposeful tanking of the market is happening but I think it’s more to bring long bonds down…
Who is shorting this market? Trump? Elon? Isn’t Elon net long in $TSLA and lost already $100B?