https://www.bbc.co.uk/news/business-45547346
"For President Trump trade and trade wars are simple. But the fact is
that neither is the case.
Tariffs on steel and aluminium push up costs for domestic firms,
retaliatory tariffs cut their access to expensively won foreign markets,
ruin plans, slash profits and threaten investment - while jobs move
abroad to areas not involved in the trade war.
New investment in the US is based on the country's huge technological
advantages and a highly skilled workforce, not President Trump's tweets
or even his tariffs.
The US has stayed the richest and most powerful economy in the world
since 1945 by creating and benefiting from the current world trade
system.
President Trump seems not to realise that simple truth, and is
threatening to smash the system. "
We buy aluminium cases for our embedded systems. American design. Made
in China. Not cheap but very good quality. 10+ years we have been buying
these. The yanks have stopped supplying them. Guess where we will go
looking for a replacement. I would guess at 1/3 price. After setting up
all the engineering *again* we won't be going back. Will we. Stupid or
what. Make a world market. Then throw it away.
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