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91 sats \ 4 replies \ @optimism 2 Jan \ on: Construction Execs Q4 Report Increased Optimism for 2026 econ
China is slowing down so the tariffs are setting a price floor!!?!?

This is shitty if true, but bottom line, it's the great enabler for US suppliers, which was the point of the tariffs: make shit more expensive so that it becomes possible for US based industry to compete.

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100 sats \ 3 replies \ @BlokchainB OP 2 Jan

Yeah let’s see if those ducks come home too roost over the next 3 to 5 years

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61 sats \ 2 replies \ @optimism 2 Jan

I don't know. It didn't work well for solar, check out EU.

Instead of getting cheap Chinese solar, they first tariff'd then banned it. Then they subsidized solar installations.

So in the end, tax payer is paying for jobs that are cheaper done in Chiner.

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100 sats \ 1 reply \ @BlokchainB OP 2 Jan

Ouch but solar and commodities are completely different markets. I like solar but when trying to use it at scale cheaply it doesn’t work that well thus Europe footguned itself.

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86 sats \ 0 replies \ @optimism 2 Jan

True, it's an intermediate. But I'd not be surprised if in the end the result is the same. In both cases the tariffs are applied to protect local producers that are inefficient.

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