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by trinix912
162 days ago
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There's more to manufacturing than just rebuilding factories. You need everything from supply chains (which are going to include some foreign materials in many cases), to people who want to work in a factory in 2026, to consumers who want to pay extra for domestically made products. It's not as easy as saying "just tax imports" or "just tax offshoring" because that hits the average folks who are barely getting by, as every cost gets passed down to the consumer. I live in a country that used to be heavily industrialized (back in the previous regime when the goal was to be self-sufficient). In the 90s we lost most of the domestic industry as the factories got privatized and opening foreign trade enabled cheaper foreign products to flood the market. Most factories were sold off or just went out of business. There's been some success with small businesses doing manufacturing domestically but it's mostly niche and not near what it used to be back when every house had at least some domestically made clothes, furniture, electronics... Labor is expensive, market small, taxes high, and lately even high energy costs and rising import fees on materials from abroad. Plus of course the fact that people can't afford to pay 5-10x for the same thing made domestically when they can barely afford the thing at 1x the price. |
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