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markus_zhang 70 days ago | parent | context | favorite | on: US Administration announces 34% tariffs on China, ...

> Rust belt sewing shops and Walmart grade cheap goods production lines?

Are we really going to see this happening in 2 years? I'm not sure about this. The cost of Mexican/South Asian factories are still a lot lower than US.

sorcerer-mar 70 days ago [–]

We absolutely will not, especially given the administration's demonstrated lack of willpower.

What you will see is many promises of massive investment, conspicuously scheduled to break ground around 2028ish.

markus_zhang 70 days ago | [–]

That's what I'm really worried about.

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