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842 points putzdown | 2 comments | | HN request time: 0.478s | source
1. dghughes ◴[] No.43706646[source]
Even if you guys did rebuild e.g. textile factories down there in crazy land you're not going to pay workers $300/month to be able to compete globally. Nobody wants to pay $1,000 for a pair of underwear.
replies(1): >>43707177 #
2. eYrKEC2 ◴[] No.43707177[source]
Tariffs don't help you compete globally -- they're about disadvantaging the global in favor of the local.

Someone may be able to pay workers $300/month and make them work the "996 working hour system"[1], but if they then have to mark up the end product by 100%, the disparity between local and global price to consumers narrows.

[1] https://en.wikipedia.org/wiki/996_working_hour_system