They have not felt the effects of the tariffs. None of us have, really. The supply chain shock hasn’t even started in earnest yet. Container ship traffic to west coast ports was up until recently as companies rushed to get stocked up but now, all the ones from China are being rerouted to other markets.
Even if Trump made a trade deal with China tomorrow, there’s going to be shortages of a lot of a lot of things later this year. That would just be like COVID. Container ships take time to cross the Pacific Ocean. And even if companies wanted to onshore production, that takes time. Building a factory takes years; even retrofitting an existing one takes time.
Just today, I read that Subaru is going to produce fewer cars in the U.S. and more in Japan to avoid raising prices in Canada and elsewhere. There’s just going to be layoffs and production moving overseas.
They have not felt the effects of the tariffs. None of us have, really. The supply chain shock hasn’t even started in earnest yet. Container ship traffic to west coast ports was up until recently as companies rushed to get stocked up but now, all the ones from China are being rerouted to other markets.
Even if Trump made a trade deal with China tomorrow, there’s going to be shortages of a lot of a lot of things later this year. That would just be like COVID. Container ships take time to cross the Pacific Ocean. And even if companies wanted to onshore production, that takes time. Building a factory takes years; even retrofitting an existing one takes time.
Just today, I read that Subaru is going to produce fewer cars in the U.S. and more in Japan to avoid raising prices in Canada and elsewhere. There’s just going to be layoffs and production moving overseas.
Subaru isnt an American company. We only care about American companies. Americans employed by foreign companies can get fucked I guess.