Featured 25% tariffs on all foreign vehicles coming in April

where will we find the laborers to build things here?

and what if we don't have all the raw materials?

and how long will it take to create all these factories and get into production?

and what will happen to inflation at the cost of all this?

 

Businesses move out of the US to cut costs. Unless we cut all the labor, safety, and environmental regulations, and US workers take a pay cut, prices will go up with tariffs no matter where the car is made.

 

Sounds like mission impossible. Thus we export our innovativeness, talent, resources to countries who maintain low wages - low environmental regulation - low safety Etc. Then get carpal tunnel reaching around to pat ourselves on the back. (sigh)
What we DO offer to the world & our own is lots of handouts (& generosity IS good) despite farming out way too much talent/skill.
.

 

Manufacturing - making things- is where the real wealth of a nation and its people lie.

Toyota as a company understands this and insists they build their products in the countries it does business in as much as possible.
Toyota insists its employees contribute and give back to the communities they are in and models that behavior for its employees.
They understand the importance of Manufacturing and Community.

Innovation, technology are all important parts of an economy but Manufacturing and Farming are where the tires meet the road.

A well-balanced Nation that doesn't make its own products will soon find itself upside down in debt as @hill implies (reference America Nation Debt and trade deficits with other nations).

Forbes article:
The Importance of Manufacturing to the U.S. Economy
"Manufacturing is the backbone of the U.S. economy. As a critical driver of economic growth and innovation, manufacturing provides millions of jobs, fosters technological advancements, and ensures the stability of countless supply chains. It plays a vital role in national security, community development, and the country’s global competitiveness."

 

Robots!

If needed, import the raw materials, then develop domestic supplies.
Better than just importing everything all built

Mike

 

I agree with the article, but it is simplistic to think that raising tariffs is going to create manufacturing in the USA, unless you’re ready to remake immigration policies, accept higher prices, or lower standards on products not currently made here

 

Offshoring happened over a long period of time.
I’m not sure who is patting themselves on the back, Nixon? he would have to roll over

 

Who will buy the products if laborers aren't being paid?

Unemployment was low before proposed plans will lead to labor shortages in agriculture and construction. Now we'll lead labor for manufacturing. Robots can only do so much. American workers won't be getting pay cuts to lower the cost of goods soon.

Good luck growing rubber trees in the US.

Many things aren't imported all built. Cars definitely aren't. Parts for them ad other things are made all over the place. iPhones aren't 100% Chinese, there is even US made parts in them.

 

Agreed and liked your post.
There is nothing going to be simple or cheap about the mess the US is in.

Here is what the article states is a start to stimulate Manufacturing:
"Promote the Modern Manufacturing Story. Launch public awareness campaigns showcasing the innovation, technology, and career opportunities in modern manufacturing. Highlight stories of diverse professionals thriving in the industry.

1. Invest in Workforce Development. Partner with educational institutions to develop training programs that align with industry needs. Expand apprenticeship opportunities and create pathways for students to enter manufacturing careers.
2. Embrace Diversity and Inclusion. Foster inclusive workplaces and actively recruit underrepresented groups, including women and minorities, to attract a broader talent pool.
3. Leverage Technology. Continue adopting advanced manufacturing technologies such as AI, IoT, and robotics to improve efficiency and appeal to tech-savvy job seekers.
4. Advocate for Policy Support. Collaborate with policymakers to secure funding for workforce development, research, and infrastructure improvements that benefit the manufacturing sector.
5. Strengthen Supply Chains. Invest in domestic production capabilities to reduce reliance on foreign suppliers and increase resilience against global disruptions.
6. Engage Communities. Host local events, plant tours, and outreach programs to connect communities with the industry and demonstrate its value."

Article- The Importance of Manufacturing to the U.S. Economy

My reply was to the importance of Manufacturing, in the US particularly, not Tariffs.

Could Tariff's work? Who knows I am not qualified to answer that.

I would trust people with Economic Theory Degrees, experience with world dynamics and vested interests in such things.
Yesterday I forgot where I put my keys - certainly not the type of individual who needs to post a treatise on Tariffs- my ego is not that large.

 

All good points, can it work in a democracy divided? Idk.
I know we started promoting chip manufacturing a few years ago, if it works, maybe it will lead to other things.
Can we manufacture all the things sold through Amazon? Call me skeptical

 

Agreed,
It is not practical to manufacture absolutely everything.

Rebuilding our countries Manufacturing core and capabilities would be the ideal- to provide gainful employment and a degree of independence to our county would be a goal most individuals might agree on.