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#Jobs

120 posts85 participants30 posts today
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charvaka

So if you open a #garment factory in the US, you will make jeans at $33 a pair. At 50% #tariff, the pair made in Lesotho can be imported at $15 (= $10 + 50%x$10). The US garment factory will be extremely uncompetitive. You can do this math with all other countries that #export #apparel to the US, and the conclusion will be the same.

This is why Trump's "Liberation Day" #tariffs will NOT bring new garment manufacturing #jobs to America. The math simply does not add up.

4/n

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