Yeah, why not. Let's get the shitshow going now and cause inflation to rise again, probably even worse than before, while completely disrupting the labor market (due to mass deportations), and the Once and Future Meathead can take full credit for the resultant rampant inflation.
Exactly
1. The major company announced it is considering moving its production to other countries besides China, but not to the US. Most major companies are warning that relocation to the US is impossible.
And moving company production to another SE Asian country. Woo-hoo! Win for the rest of SE Asia!
Huh? Because Trump got elected? Cause and effect?
So they say. I'm sure they said the same about Biden in Nov 2020. They will use Trump like the tool he is.
Stocks go up when Warren Buffett farts, so a temporary stock market jump due to Trump winning isn't surprising.
Yay, fearmongering works!
They will reply and say negative things about all of these. They’re never going to give him credit. It’s sad but it is what it is.
Any update on the companies you mentioned moving manufacturing to the US?
I've heard they're going to start importing it from Lebanon. Something about the Lebanese method of taking the skins off the chickpeas making all the difference in the taste.
Because they never happened dipshit.
Give it time, it’s only been 3 days since Trump won. Also, even if the companies don’t move back to the US it’s still a plus since the manufacturing moves from China to an ally like Taiwan or India vs an advisory.
LOL. Good response.
You will be here acting like every company that re-shores to the US is because of Trump all while ignoring the re-shoring trend began 3 years ago after Covid and we've had more industrial development in that span than we've ever had. But you ignored it because Biden was POTUS. It's always the same with you people, evidence is optional and analysis is anathema.
“I’ve already seen reports that US companies are now making plans to bring factories back to the US based upon the fear of these tariffs.”
Most manufacturing cannot just pick up and move. Maybe your Dear Leader tells you that, but in the real world it doesn't. Steve Madden said it will lower its production from 70% in China to 40-45%. And that's in apparel, the easiest thing to move.
They already did that in 2018. The EU Commission doesn't buy gas. They are literally trying to dupe Dear Leader, and since they duped him once, they are trying again. Let's see if he learns anything.
We are already exporting more natural gas to Europe than ever and it jumped exponentially during Biden's presidency:
