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by pogopop77 71 days ago
The irony is that on-shoring high-end manufacturing would be a good thing. But the approach of "do it right now, or I'll put tariffs on your product(s)" is not the way to get any lasting change. It's a way to get the performative changes we're seeing, that will drift right back offshore when this administration mercifully ends.
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Korea started with low value manufacturing through protectionism and state policy. They moved up to the top level of the value chain in just 25 years!