It is as difficult to sink a business without debt as it is sink a ship without holes.
- Manlobbi
Halls of Shrewd'm / US Policy❤
No. of Recommendations: 2
"Fooled ya!"
https://bsky.app/profile/atrupar.com/post/3lmpdi2o...KARL: You're saying that big tariffs on things like laptops & all those iPhones built in China, they're temporarily off but they're gonna be coming right back in a month?
LUTNICK: Correct. That's right. Semiconductors & pharmaceuticals will have a tariff model in order to encourage them to reshore
No. of Recommendations: 2
LUTNICK: Correct That's right. Semiconductors & pharmaceuticals will have a tariff model in order to encourage them to reshore
Nudnik also emphasized repeatedly - at least four times - thar Trump is "on it". Yeah right.
No. of Recommendations: 2
LUTNICK: Correct. That's right. Semiconductors & pharmaceuticals will have a tariff model in order to encourage them to reshore
And this reshoreing will take how long?
No. of Recommendations: 1
Evidently no more than 30 days.
Who needs to build factories. Can't we just plug the machines and workers in all those empty stores in malls?
No. of Recommendations: 1
1 semi fab ? min. 5 years. assuming permitting, water, and qualified labor available.
No. of Recommendations: 2
1 semi fab ? min. 5 years. assuming permitting, water, and qualified labor available.
So they can just keep saying it is 'coming soon'.
No. of Recommendations: 0
And this reshoreing will take how long?
We already do this all the time--under another name.
For medical, it is called "medical tourism". Travel outside, get medical care, return. And it is cheaper for the insurance company as well (less expensive medical care, so PAID !!).
For electronics, a bit more difficult. Hmmm, buy on a trip overseas, return to US, but the item is now a USED electronics product, so mega-discounted value. Not aware of any known tax for USED electronics imported into the US. But would be on a far lower value than new....
