this post was submitted on 23 Jan 2025
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US President Donald Trump told world business leaders on Thursday to manufacture in the United States or face tariffs, in his first major speech to global leaders since returning to the White House this week. ... “Come make your product in America and we will give you among the lowest taxes of any nation on earth,” Trump said today, speaking remotely to the World Economic Forum (WEF) in Davos, Switzerland.

“But if you don’t make your product in America, which is your prerogative, then very simply you will have to pay a tariff,” he added.

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[–] [email protected] 26 points 1 week ago (2 children)

"and we will give you among the lowest taxes of any nation on earth,”

Ummm, I'm pretty sure most manufacturers care way more about wages than taxes. Taxes are important in white collar businesses or between areas with similar wages. But the wages of a US factory worker are much higher than a worker in China. They are likely higher than in EU, too, though maybe not by as much.

Is the plan to bring low-wage jobs to the US? Or is the plan to pay higher wages for the same job and pass the cost to the consumer? Or is the plan to add tariffs that get passed on to the consumer? Because I'm not really seeing how this helps anyone.

[–] [email protected] 16 points 1 week ago (1 children)

They probably eventually plan to bring back forced labour. They 'deport' people, and when that's too arduous, they'll round them up in camps and make them work their 'sentence'.

I don't think they actually stupid enough to deport their low wage vulnerable workforce when they can just further exploit them.

[–] [email protected] 9 points 1 week ago

Now with all the private prison people he has in his cabinet this is making more sense. The one thing that they will have an abundance of is prisoners people being falsely imprisoned for bullshit charges. What better way to use them than to get some free labor

[–] [email protected] 4 points 1 week ago (1 children)
[–] [email protected] 1 points 1 week ago

You mean “Concepts of a plan”