Also the latest cope is "hurr only boomers have stocks" or "wow so you support sweatshops" or "it's a negotiation tactic muh masterful dealmakerinoooooo"
Didn't a lot of retards buy stocks during the gamestop nonsense (lol). It won't just be boomers who get left with the bag
Capex is gonna die lol
The toaster factory (you) want to work in will take years to come online
If it's a negotiation tactic then it's a temporary tariff meaning it won't lead to Peronist tier autarky
Even if it is a negotiation tactic and other countries drop rates, you need demand to be able to sell. A lot of people are going to be pissed off, not great for demand!
(You) don't care about sweatshops, and emotional blackmail lost at the ballot box :^) 6a. There's a concept called Ordo Amoris which means I don't care about sweatshops.
Not all foreign made goods/materials are made in sweatshops
The US has sweatshops too and certain states are looking into loosening child labor laws (Alabama and Florida iirc)
So not only is it likely these tariffs were shat out overnight by an LLM and printed without any checking, they did this despite having years to prepare literally anything better.