Yawn...

Originally posted by Bernard The Gurnard:

Yawn...

Bored because you now longer have a job?

Tariffs working great I see.

There is a guideline. If parts are made in this America stated about with parts outside or materials the logo is to be blank. There is no credit given to one country, is none now.

Originally posted by Stingray_tm:

Originally posted by Bernard The Gurnard:

Yawn...

Bored because you now longer have a job?

No. I don't have one nor need one. This 'stuff' is nothing new in most countries - that is why I am bored...K?

Originally posted by Rumpelcrutchskin:

Tariffs working great I see.

Meanwhile, China reported better-than-expected economic growth for the second quarter in the face of an ongoing trade war with the United States, as diversification efforts to non-US markets buoyed exports.

Gross domestic product (GDP) expanded 5.2% in the second quarter from the same period a year earlier, according to the National Bureau of Statistics (NBS) at a press conference on Tuesday.

Right now it's hard to buy the parts and materials to make stuff locally. Factories need to be set up first. It usually takes a couple of years or so to build a factory[manufacturing-today.com]. We probably won't see much in the way of a manufacturing boom until 2027, 2028 if it's going to happen. Some of these factories might not even be built until Trump is an outgoing president. Ideally Trump should have been president during the Bush era when there was still an established manufacturing base. Tariffs are designed more-so to protect existing industry rather than stimulate new industry.

Unfortunately the U.S.A. just let itself languish for too long on the manufacturing front.

Originally posted by Tonepoet:

Right now it's hard to buy the parts and materials to make stuff locally. Factories need to be set up first. It usually takes a couple of years or so to build a factory[manufacturing-today.com]. We probably won't see much in the way of a manufacturing boom until 2027, 2028 if it's going to happen. Some of these factories might not even be built until Trump is an outgoing president. Ideally Trump should have been president during the Bush era when there was still an established manufacturing base. Tariffs are designed more-so to protect existing industry rather than stimulate new industry.

Unfortunately the U.S.A. just let itself languish for too long on the manufacturing front.

America should focus on making itself a service nation like the United Kingdom.

Through state planning, aggressive investment in infrastructure, low labor costs, and sheer scale, China has built the most formidable manufacturing machine in human history.

Look at the United Kingdom.

The UK was once the world’s manufacturing superpower to until it wasn’t. It watched Germany and the U.S. surpass it in the early 20th century, and after WWII, it slowly let go of its industrial crown. But rather than desperately clinging to factories, the UK leaned into services, finance, law, education, media, healthcare, and technology.

Despite having a fraction of the population and resources, the UK remains one of the world’s most influential countries.

You claimed it already was a service industry earlier plus its been pointed out that the U.S.A. has a services surplus with the U.K. in prior tariff conversations[ustr.gov]. That's not working out terribly great, and ultimately if a nation wants to retain its independence it needs to make its own essential goods anyway.

I'm not sure exactly what to do about these matters at this point though.

Nice bump, Arvaos, with the latest up-to-date info.

Look at the US stock market.

Originally posted by Arvaos:

.
Through state planning, aggressive investment in infrastructure, low labor costs, and sheer scale, China has built the most formidable manufacturing machine in human history.

I've condensed you into one sentence, Arvaos.

Should Powell cut rates if manufacturing is slumping?

That's enough Steam Forums Off Topic Board for today.

Because everyone wants to develop industry and increase employment, but our advantages are much greater than yours, not only raw materials and labor are cheaper, but also a complete set of system support, even if what we make here is shipped to you at a price twenty times higher, it is also much cheaper than you, I know you want to support local manufacturing, but the market will give the answer.
For you, tariffs have caused supply chain costs to skyrocket. Tariffs were originally intended to protect local industries, but due to the deep binding of global supply chains, they have pushed up costs for local businesses. We not only export industrial products, but also export raw materials related to your existing manufacturing industry, you will be deflated to compete with your own weaknesses and other people's strengths, no one can do without anyone under the existing world conditions, and in terms of agriculture, we have been forced by you to protect local agriculture (due to geographical and humanistic reasons, we can not make money despite vigorously subsidizing farmers to promote the small-scale peasant economy), the global economy is sluggish, and the real economy on our side is also declining and the Grand Hotel even has to set up a stall, maybe everyone should change their thinking

Originally posted by Stingray_tm:

Originally posted by Bernard The Gurnard:

Yawn...

Bored because you now longer have a job?

So glad I don't 🤣

Only an old potus with a stupid old mentality would compete with manufacturing against China and India.