alt Hacker NewsHow much do production workers get paid in China? How will our production goods be affordable at American labor rates? This strategy just makes everything more expensive - nothing cheaper.
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xyzzyz • 04/03/2025
Sorry, who is saying that this will make things cheaper? I haven’t seen Trump or Vance argue this.
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Exactly and even if it does work to reshore factories (which will take years and we'll just ignore the question of where all the workers for these factories will come from, and that the goods needed for making those factories are also being tariffed) they'll only be competitive in a protected market so they're only really producing for the US market which will be stunted because costs would have inflated through the roof!