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Richard Walker
phlebas.bsky.social
did:plc:ngu6jl7mkmmabrjrbxnjbevo
Tariffs would need to 500% or more to make relocating production to the US cost effective given the relative costs of labour. At best (!) it will result in production moving to other low cost labour countries that currently happen not to export as much to the US so haven't been as badly punished yet
2025-04-03T17:03:44.596Z