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Newlaptop | 7 months ago
If you want to incentive domestic reindustrialization, you do it with things like the Inflation Reduction Act, CHIPS act or the "Green New Deal" where congress lays out clear sets of rules in law with a mixture of tax incentives, loan programs and spending to give investors and corporations confidence to make decade-long commitments of capital to major projects.
BrenBarn|7 months ago
We're going to need a deep reckoning with some foundational concepts of governance to dig our way out of this.
GCUMstlyHarmls|7 months ago
https://www.youtube.com/watch?v=v3pfM5v0F9U
klooney|7 months ago
JumpCrisscross|7 months ago
They've about doubled [1], from $55bn to $110bn.
[1] https://www.politico.com/interactives/2025/trump-tariff-inco...
rob_c|7 months ago
Yes because of all the silicon fab plants popping up in the EU and Africa?...
CGMthrowaway|7 months ago
Apple: $500M over four years including a facility in Houston opening next year
Chobani: $1.7B for new facilities in Idaho and NY
J&J: $55B over four years into new facilities, a 25% increase over previous
Honda: moving 100% of Civic hybrid hatchback production to the US
Hyundai: $25B over three years
IBM: $150B over five years
Merck: $1B for a new plant in Delaware
Nvidia: For this first time in history will be manufacturing chips in the US
Roche: $50B
TSMC: $165B
https://www.cbsnews.com/news/us-manufacturing-domestic-tarif...
danaris|7 months ago
Given that, I question how many of these are actually caused by the tariffs.
relaxing|7 months ago
Hedge your bets on these…