Yep, when I saw how the tariffs were going to work, I knew companies would make a business decision with the question in mind: "Is it still worth it to sell our product in the US market? If not now, would the sales justify tooling up manufacturing in the US?" It was inevitable that the answer for many companies was "no" to both questions.
The big problem was that, even if companies were willing to produce here, acquiring raw materials here is also needed in order not to get spanked.
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-Jeremy