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Joined 2 years ago
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Cake day: July 5th, 2023

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  • You drank some neolib koolaid if you think manufacturers are going bankrupt from this. Auto manufacturing is one of the sectors where jobs have been continually exported to Mexico for lowering labor costs and increasing profit margins. It’s also a sector where there still is a significant manufacturing base in the US and it can be expanded if needed. The real issue is with auto tariffs is parts since those have more diverse sources across borders.

    This isn’t the chips manufacturing sector that doesn’t exist in any significant capacity in the US, where increasing tariffs would just increase prices / lower margins without any chance of recourse in the short term.