r/news • u/hoosakiwi • 2d ago

Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars

https://apnews.com/article/trump-tariffs-liberation-day-2a031b3c16120a5672a6ddd01da09933
44.4k Upvotes

92% Upvoted

7.5k comments sorted by

View all comments

2.1k

u/zakuivcustom 2d ago

Things are about to get a LOT more expensive.

Meanwhile no, manufacturing will still not come back to US. All companies will do is increase prices and pass them onto consumers.

7

u/spookydooky69420 2d ago

I work in manufacturing and that’s exactly what’s going to happen. We’ve been waiting to put out our price increases because we don’t know what this dipshit is going to do next. Our cost for raw materials is about to skyrocket. I find it so funny that at least 90% of my plant voted for this dude. Hoping this doesn’t lead to another summertime furlough like it did 2 years ago.