Good Trump - tariffs creating jobs? (onshoring)

4,549 Views | 58 Replies | Last: 8 mo ago by Sims
Over_ed
How long do you want to ignore this user?
I have been very skeptical of the viability of tariffs bringing jobs back to US.

I still have my doubts, but here is an example where Trump seems to be working his magic.


GE Appliances shifts more production to US as part of a $3 billion investment
https://apnews.com/article/ge-appliances-manufacturing-china-mexico-c492e8a0a660538ae8e2c775f1eb0525

Props to Mr. President.
infinity ag
How long do you want to ignore this user?
Everything is possible. There is just a price to pay, that is all.

Long term vs short term

In 1975 we sold out our long term in order to get short term benefits.

Now we just have to reverse it. Nothing is free. There will be short term pain for long term gain.
CDUB98
How long do you want to ignore this user?
Quote:

GE Appliances plans to shift production of refrigerators, gas ranges and water heaters out of China and Mexico as part of a more than $3 billion investment to expand its U.S. operations in Kentucky, Georgia, Alabama, Tennessee and South Carolina.

The details.

Trump is all about these kinds of announcements, but in reality, none of them are actually executing.

The devil is in the details.

GE can announce they're going to mass produce a bunch of green dildos for the WNBA, but that doesn't mean they actually will do it.

Wait to see if something actually happens.
No Spin Ag
How long do you want to ignore this user?
CDUB98 said:

Quote:

GE Appliances plans to shift production of refrigerators, gas ranges and water heaters out of China and Mexico as part of a more than $3 billion investment to expand its U.S. operations in Kentucky, Georgia, Alabama, Tennessee and South Carolina.

The details.

Trump is all about these kinds of announcements, but in reality, none of them are actually executing.

The devil is in the details.

GE can announce they're going to mass produce a bunch of green dildos for the WNBA, but that doesn't mean they actually will do it.

Wait to see if something actually happens.


Good point. If these companies making these announcements are doing so just to wait out Trump's time in office, then there's nothing to really be excited. Kind of like Aggie football and, well, everything about it.
There are in fact two things, science and opinion; the former begets knowledge, the later ignorance. Hippocrates
Sims
How long do you want to ignore this user?
It's interesting Trump doesn't get the benefit of wait and see when people think he's made the wrong choice.
infinity ag
How long do you want to ignore this user?
CDUB98 said:

Quote:

GE Appliances plans to shift production of refrigerators, gas ranges and water heaters out of China and Mexico as part of a more than $3 billion investment to expand its U.S. operations in Kentucky, Georgia, Alabama, Tennessee and South Carolina.

The details.

Trump is all about these kinds of announcements, but in reality, none of them are actually executing.

The devil is in the details.

GE can announce they're going to mass produce a bunch of green dildos for the WNBA, but that doesn't mean they actually will do it.

Wait to see if something actually happens.


WAIT TILL NEXT YEAR!
The Aggie mantra.

Trump loves the headlines but let's see if he is fooled. Or maybe he is fooling us.
AggieVictor10
How long do you want to ignore this user?
Sims said:

It's interesting Trump doesn't get the benefit of wait and see when people think he's made the wrong choice.


It's interesting that he needs that benefit at a when, according to some, he never makes the wrong choice.
Sims
How long do you want to ignore this user?
I'm sorry he hurt you
Comanche_Ag
How long do you want to ignore this user?
Quote:

GE Appliances is a subsidiary of the China-based Haier company.

From the article
AggieVictor10
How long do you want to ignore this user?
Nice meme.
Kenneth_2003
How long do you want to ignore this user?
CDUB98 said:

Quote:

GE Appliances plans to shift production of refrigerators, gas ranges and water heaters out of China and Mexico as part of a more than $3 billion investment to expand its U.S. operations in Kentucky, Georgia, Alabama, Tennessee and South Carolina.

The details.

Trump is all about these kinds of announcements, but in reality, none of them are actually executing.

The devil is in the details.

GE can announce they're going to mass produce a bunch of green dildos for the WNBA, but that doesn't mean they actually will do it.

Wait to see if something actually happens.

Major Wall Street, publicly traded companies don't make big policy announcements that will have material defect on shareholder value for the sole purpose of stroking a political ego.
Apollo79
How long do you want to ignore this user?
Ha! I knew the comments would go like this some of yall have chronic tds
Apollo79
How long do you want to ignore this user?
Kenneth_2003 said:

CDUB98 said:

Quote:

GE Appliances plans to shift production of refrigerators, gas ranges and water heaters out of China and Mexico as part of a more than $3 billion investment to expand its U.S. operations in Kentucky, Georgia, Alabama, Tennessee and South Carolina.

The details.

Trump is all about these kinds of announcements, but in reality, none of them are actually executing.

The devil is in the details.

GE can announce they're going to mass produce a bunch of green dildos for the WNBA, but that doesn't mean they actually will do it.

Wait to see if something actually happens.

Major Wall Street, publicly traded companies don't make big policy announcements that will have material defect on shareholder value for the sole purpose of stroking a political ego.


Exactly but mUh OraNgE maN bad
BkYdPitmaster
How long do you want to ignore this user?
CDUB98 said:

Quote:

GE Appliances plans to shift production of refrigerators, gas ranges and water heaters out of China and Mexico as part of a more than $3 billion investment to expand its U.S. operations in Kentucky, Georgia, Alabama, Tennessee and South Carolina.

The details.

Trump is all about these kinds of announcements, but in reality, none of them are actually executing.

The devil is in the details.

GE can announce they're going to mass produce a bunch of green dildos for the WNBA, but that doesn't mean they actually will do it.

Wait to see if something actually happens.

That's a bit myopic and not true. Publicly traded companies cannot simply make announcements about future investments without any intention of following through or they quickly can run afoul of the SEC.
Backyard Pitmaster
AJ02
How long do you want to ignore this user?
I know one of my biggest suppliers is currently working to get the capital to set up a processing plant domestically to produce a raw material that China currently provides 80% of the world's supply of. Hopefully they don't scrap it before completion. But to say the tariffs aren't bringing manufacturing back is not true. It just takes a while.

Different supplier of mine says they have two of their suppliers currently working to set up a domestic manufacturing option as well.
aTmAg
How long do you want to ignore this user?
Seen benefit unseen cost.
infinity ag
How long do you want to ignore this user?
aTmAg said:

Seen benefit unseen cost.


We have been experiencing that for decades. Soaring stock market but fewer jobs for Americans and increased debt.

Let's reverse the trend. There will always be a cost as nothing is free.
aTmAg
How long do you want to ignore this user?
infinity ag said:

aTmAg said:

Seen benefit unseen cost.


We have been experiencing that for decades. Soaring stock market but fewer jobs for Americans and increased debt.

Let's reverse the trend. There will always be a cost as nothing is free.

If you are saying that we should reverse that trend by introducing tariffs, then you would be wrong.
Over_ed
How long do you want to ignore this user?
infinity ag said:

aTmAg said:

Seen benefit unseen cost.


We have been experiencing that for decades. Soaring stock market but fewer jobs for Americans and increased debt.

Let's reverse the trend. There will always be a cost as nothing is free.

I'm not sure where you are getting your data?

If you throw out the pandemic years, wherein many were literally paid not to work... 2018 through 2024 are, exclusively, the 5 lowest unemployment years in the last 30. So far, 2025 is on track to be the seventh lowest unemployment rate (out of the last 30 years).

Average American personal debt has been in the range of 50 - 60,000 dollars (adjusted for inflation) for the last 20 years. There was an uptick last year to ~61,000 dollars.

Man, am I missing something?
FobTies
How long do you want to ignore this user?
The US needs to lead in robotics and automation. We outsourced for cheap human labor. Replace cheap Asians with domestic robots.

BigRobSA
How long do you want to ignore this user?
Kenneth_2003 said:

CDUB98 said:

Quote:

GE Appliances plans to shift production of refrigerators, gas ranges and water heaters out of China and Mexico as part of a more than $3 billion investment to expand its U.S. operations in Kentucky, Georgia, Alabama, Tennessee and South Carolina.

The details.

Trump is all about these kinds of announcements, but in reality, none of them are actually executing.

The devil is in the details.

GE can announce they're going to mass produce a bunch of green dildos for the WNBA, but that doesn't mean they actually will do it.

Wait to see if something actually happens.

Major Wall Street, publicly traded companies don't make big policy announcements that will have material defect on shareholder value for the sole purpose of stroking a political ego.

Ummmm, Bud Light/Disney/etc. say "Dafuqutalmbout!?"


They do it ALL OF THE TIME.
BigRobSA
How long do you want to ignore this user?
Over_ed said:

I'm not sure where you are getting your data?

If you throw out the pandemic years, wherein many were literally paid not to work... 2018 through 2024 are, exclusively, the 5 lowest unemployment years in the last 30. So far, 2025 is on track to be the seventh lowest unemployment rate (out of the last 30 years).

Average American personal debt has been in the range of 50 - 60,000 dollars (adjusted for inflation) for the last 20 years. There was an uptick last year to ~61,000 dollars.

Man, am I missing something?

UE numbers have been cooked like Enron books since Clinton.

You also have to include participation rate, reality, etc.


As usual, govt numbers are asshoe.
BadMoonRisin
How long do you want to ignore this user?
CDUB98 said:

Quote:

GE Appliances plans to shift production of refrigerators, gas ranges and water heaters out of China and Mexico as part of a more than $3 billion investment to expand its U.S. operations in Kentucky, Georgia, Alabama, Tennessee and South Carolina.

The details.

Trump is all about these kinds of announcements, but in reality, none of them are actually executing.

The devil is in the details.

GE can announce they're going to mass produce a bunch of green dildos for the WNBA, but that doesn't mean they actually will do it.

Wait to see if something actually happens.

I agree with this, but also consider, companies used to "announce" green unicorn fart energy to attract investment, even if they absolutely knew it was a worthless money sink that was a negative on the balance sheet.

To me this is a trial balloon to see how much investors value domestic production. If their stock prices (the companies that invest domestically) tick up when smart money starts to gain confidence, look out.

It could take 6-10 months.
ts5641
How long do you want to ignore this user?
The paradigm needed shifting. Trump is doing an excellent job of this. Wish he could be president for life.
infinity ag
How long do you want to ignore this user?
Over_ed said:

infinity ag said:

aTmAg said:

Seen benefit unseen cost.


We have been experiencing that for decades. Soaring stock market but fewer jobs for Americans and increased debt.

Let's reverse the trend. There will always be a cost as nothing is free.

I'm not sure where you are getting your data?

If you throw out the pandemic years, wherein many were literally paid not to work... 2018 through 2024 are, exclusively, the 5 lowest unemployment years in the last 30. So far, 2025 is on track to be the seventh lowest unemployment rate (out of the last 30 years).

Average American personal debt has been in the range of 50 - 60,000 dollars (adjusted for inflation) for the last 20 years. There was an uptick last year to ~61,000 dollars.

Man, am I missing something?


Don't be fooled by what the Govt puts out. Open your eyes, brain and observe. Go to sites where these issues are discussed.

I meant the 37T national debt we have.
Over_ed
How long do you want to ignore this user?
FobTies said:

The US needs to lead in robotics and automation. We outsourced for cheap human labor. Replace cheap Asians with domestic robots.



Yes, it is the only way to bring maufacturing back. Unfortunately, it will greatlly reduce the count of jobs, but much better our robots, within our nation's bounds, than Chinese robots in China.
Over_ed
How long do you want to ignore this user?
infinity ag said:

Over_ed said:

infinity ag said:

aTmAg said:

Seen benefit unseen cost.


We have been experiencing that for decades. Soaring stock market but fewer jobs for Americans and increased debt.

Let's reverse the trend. There will always be a cost as nothing is free.

I'm not sure where you are getting your data?

If you throw out the pandemic years, wherein many were literally paid not to work... 2018 through 2024 are, exclusively, the 5 lowest unemployment years in the last 30. So far, 2025 is on track to be the seventh lowest unemployment rate (out of the last 30 years).

Average American personal debt has been in the range of 50 - 60,000 dollars (adjusted for inflation) for the last 20 years. There was an uptick last year to ~61,000 dollars.

Man, am I missing something?


Don't be fooled by what the Govt puts out. Open your eyes, brain and observe. Go to sites where these issues are discussed.

I meant the 37T national debt we have.

Gotcha, the secret knowledge from unspoken places. I assume there is a cantrip that must be spoken and viewing, as normal, is through my third eye?
CDUB98
How long do you want to ignore this user?
Quote:

companies used to "announce" green unicorn fart energy to attract investment, even if they absolutely knew it was a worthless money sink that was a negative on the balance sheet.

DING DING DING

Green Energy projects, mostly blue and green ammonia projects, were all announced/celebrated during the Biden years.

They've all been cancelled, quietly.

Companies can announce whatever they want, then later quietly cancel the work, mostly only find the reason in the 10k.
Old McDonald
How long do you want to ignore this user?
1000 jobs from a $3 billion investment is… not that much?
Quote:

"Our long-term strategy is about manufacturing close to our customers," said CEO Kevin Nolan. "With lean manufacturing, upskilling our workforce and automation, the math works for manufacturing in the United States."
they're admitting to onshoring manufacturing specifically because they don't need to pay that many people to do it
Sims
How long do you want to ignore this user?
So I make sure we're on the same page, we're mad at Trump for not letting companies build things overseas using cheap cost of production and we're also mad at Trump for influencing companies to build things domestically using cheap cot of production.

If I'm misinterpreting let me know. It just appears to me that the desire is to pay someone else to build stuff.
Apollo79
How long do you want to ignore this user?
Sims said:

So I make sure we're on the same page, we're mad at Trump for not letting companies build things overseas using cheap cost of production and we're also mad at Trump for influencing companies to build things domestically using cheap cot of production.

If I'm misinterpreting let me know. It just appears to me that the desire is to pay someone else to build stuff.

correct TDS does not understand this logic.
aggie93
How long do you want to ignore this user?
FobTies said:

The US needs to lead in robotics and automation. We outsourced for cheap human labor. Replace cheap Asians with domestic robots.



This is more true than most realize. The reality is that manufacturing is increasingly becoming robotics and automation driven. If you have a product that is made that way then labor costs are far less of an issue and it makes sense to manufacture closer to the buyer. If you add in tariffs and other incentives it makes it almost a no brainer.

There will still be jobs at those plants but not volumes of people standing on a production line doing one or two basic tasks. The jobs will be for people who operate the equipment and service it along with a few that can't be automated.
"The most terrifying words in the English language are: I'm from the government and I'm here to help."

Ronald Reagan
BusterAg
How long do you want to ignore this user?
Over_ed said:

FobTies said:

The US needs to lead in robotics and automation. We outsourced for cheap human labor. Replace cheap Asians with domestic robots.



Yes, it is the only way to bring maufacturing back. Unfortunately, it will greatlly reduce the count of jobs, but much better our robots, within our nation's bounds, than Chinese robots in China.

Someone has to build the robots, too.

We are better at innovating than China. Building robots requires workers. Let's build the robots here, too.
It takes a special kind of brainwashed useful idiot to politically defend government fraud, waste, and abuse.
BusterAg
How long do you want to ignore this user?
People like to point to things like textile manufacturing, and say, those jobs are never coming back to the US.

Well, duh.

But, what about those super expensive brain surgery knives that micro-vibrate, creating cleaner cuts between brain folds, have been proven to significantly reduce the risks of brain injury during surgery, cost like $10,000 each to buy, and are single-use tools? Should we manufacture those in Korea or the US? Because, I have seen such product offshored and then re-shored due to incentives.

When you are thinking about making policy decisions, it is important to think at the margin, not the extremes.

There are plenty of jobs being offshored, and investment in manufacturing jobs related to goods being offshored, that are on the margin and would be more profitable to be located in the US with the right incentives, but are currently being offshored.
It takes a special kind of brainwashed useful idiot to politically defend government fraud, waste, and abuse.
atmtws
How long do you want to ignore this user?
Our company has been onshoring a ton of manufacturing since this all began. We are self manufacturing and costs are about the same for us vs. buying things from the UK and China. But we also own our own machine shop.
Page 1 of 2
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.