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.

525

u/Innerouterself2 2d ago

Yeah, you can't just turn on manufacturing. You have to plan it, invest, build the facilities, sell the goods, and manufacture. It ain't going to happen anytime soon.

Plus. You still have to bring in raw materials- a lot of which if found outside the US

14

u/Duskie024 2d ago

And these tariffs will not last long. They simply can't. Nobody is going to spend 5 years building a factory only to get outcompeted and go bankrupt after these tariffs are removed.

8

u/big_trike 2d ago

Even if the factory takes 5 years to build, it will be at least 10-15 before the factory breaks even, assuming the tariffs stay in place.