*American?
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Mostly I suppose - but in the example/hypothetical given in the article of Sony moving it's manufacturing from China to India, it would take 6-24 months minimum to find/develop the space they need and move the equipment. This cost to move all of the equipment half way across the world and the opportunity cost of out of stocks at stores worldwide when your distribution chain finally drys up - the cost was sited at 10%. If they MOVE a facility, I think that cost gets passed on to everybody worldwide.
There may be situations where JUST American production is moved to another country with more favorable tarrifs and worldwide production continues out of the existing facility, and probably in a situation like that, only the American costs would increase to cover the facility/equipmemt costs. But for that to make fiscal sense, this would have to be somehow CHEAPER than the price already elevated by the tarrifs. Companies could even in this case, theoretically hike prices worldwide to subsidize the impact to everybody. More people paying a higher prices mean everybody pays less.
Now, I couldn't say if there's any precident for the last line there. Purely hypothetical. But regardless - it's entirely possible it WON'T be JUST Americans paying higher prices.
What’s a better way to build up local manufacturing? The oligarchy says this is a good idea for solar panel & EV imports. What’s the difference?
Not my president 😡
Tap for spoiler
(I live in Germany)
Schwein gehabt!
Well to be fair you already went through this shit once. Speaking of which, you're gonna send troops over here to help us out this time, right?
You guys have much bigger problems to worry about right now tbh
Yeah, if the fascist overthrow of democracy only had tariffs to worry about, we'd be doing well.