He emphasized that the proposed tariffs would leave companies with no choice but to invest in domestic production facilities to avoid high taxes.
No choice except the obvious: Pass the cost of the Tax into the customer because there’s no way they’re going to spend billions to stand up a US fab plant anytime soon.
No choice except the obvious: Pass the cost of the Tax into the customer because there’s no way they’re going to spend billions to stand up a US fab plant anytime soon.
Also, because these investments are long-term when the tariffs are likely to only be short term.
That’s just how tariffs work. They’re not a weapon against enemy nations. They’re a tax on Americans.
And nobody is going to bring production back to this fascist slave pen of a country.
Yeah but what corporation is going to think of the obvious solution?