Trump promised voters tariffs are a panacea for the economy, but Walmart finance chief John David Rainey warned they will be inflationary for customers.
What will the incentive be for these supposed new manufacturers, who just spent a whole lot of money building factories, to offer significantly lower prices than what Americans will have already gotten used to paying by the time said manufacturers have been able to build out their production facilities?
Better yet; Why would these manufacturers even invest in building out these supply lines when they can’t be sure that the next administration won’t remove the tariffs? Seems like a risky investment.
What will the incentive be for these supposed new manufacturers, who just spent a whole lot of money building factories, to offer significantly lower prices than what Americans will have already gotten used to paying by the time said manufacturers have been able to build out their production facilities?
Better yet; Why would these manufacturers even invest in building out these supply lines when they can’t be sure that the next administration won’t remove the tariffs? Seems like a risky investment.