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320 points goldenskye | 1 comments | | HN request time: 0s | source
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JSR_FDED ◴[] No.45941785[source]
Tariffs are great. They protect the struggling domestic IT industry and gives it time to ramp up its production of vintage computer parts.
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WillPostForFood ◴[] No.45942380[source]
We need manufacturing in the US. The service economy can't survive long term; you have to make things. Tariffs are not fun, but they are an important part of making that happen.

But, tariffs on used cameras or vintage electronics does not help bring manufacturing back. Let's just bring back the de minimis exemption for things like this. More industry targeted tariffs, fewer blanket tariffs.

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bruce511 ◴[] No.45942742[source]
No sure why you are being down-voted. Your argument is coherent and correct.

Targeted tariffs on specific goods leads to the development of local production of that good. Lots and lots of countries have these in place.

Blanket tariffs are, of course, useless. The US doesn't have the climate to grown coffee, so tarifing Brazil serves no purpose other than taxing coffee consumption.

A surgeon uses a scalpel, not an axe. Used well, tariffs are a very powerful tool. Used badly they create more harm, and don't achieve the goal of promoting local production.

Tariffs which are here today, but gone tomorrow, don't created the stable environment which long-term investment in local production requires.

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rootusrootus ◴[] No.45942816[source]
> The US doesn't have the climate to grown coffee

Well, Hawaii does, but your point is good, thank you.

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bruce511 ◴[] No.45942836{3}[source]
I knew that would come up :). Yes, Hawaii produces about 1% of the coffee consumed in the US. I'm guessing a chunk of that is consumed in Hawaii...

But I'm glad you got the point. :).

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1. cenamus ◴[] No.45943499{4}[source]
Hawaii would even have mountaineous and that island climate that's good for growing coffee. But labor costs probably mean they couldn't compete even if they tried