this post was submitted on 02 Feb 2025
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Donald Trump has said that Americans may feel economic “pain” from his tariffs on key trading partners.

“Will there be some pain? Yes, maybe (and maybe not!)” Trump wrote on Sunday in all capital letters on his Truth social media platform, a day after signing off on tariffs on Mexico, Canada and China.

“But we will Make America Great Again, and it will all be worth the price that must be paid,” he added.

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[–] [email protected] 9 points 1 day ago (1 children)

Idk something about strengthening American economy making it more self reliant. Which is why he’s putting tariffs on all of the things we can’t sustainably produce here and are outsourced for a reason, y’know, so we can, uh…

[–] [email protected] 10 points 1 day ago* (last edited 1 day ago) (1 children)

He's trying to incentivize domestic manufacturing by disincentivizing foreign imports.

The problem is he hasn't promised any meaningful investment in domestic manufacturing except for a massive half a trillion dollar investment in AI.

For example, all shoes are made in foreign countries where labor costs are lower. The machinery to make shoes locally is scant if nonexistant. There were no investments made to offset this.

Nike and Adidas have said prices may go up by up to 100%. You have to inventivize these companies to make product locally otherwise they're going to find the cheapest option which is either trafficking it through a non tariffed country or passing the cost on to the consumer. They have a duty to their shareholders (the great American ethos) after all.

[–] RememberTheApollo_ 7 points 1 day ago

Idiot is basically saying “Jesus take the wheel” expecting everything to sort itself out while the American people get fucked.