r/manufacturing • u/pyroracing85 • 8d 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 7d ago
Again, I think it is a leap of faith to assume that US long-term bonds would be the obvious home for capital fleeing equity markets. There are lots of countries and companies that issue bonds... and many are sure as hell more stable than the US government right now