We destroyed our domestic industries years ago. Recreating them won't be simple and it won't be cheap. So where is the incentive for investors to sink the billions of dollars necessary to rebuild industries from scratch just so they can produce, as you put it, cheap junk for Walmart? How much of a profit margin is there in that, given the risks involved and especially when Congress could come along and repeal all those tariffs, making their investment worthless?
Right.
Recreating them won't be simple and it won't be cheap.
Neither was going to the moon, but it was the right thing to do.
So where is the incentive for investors to sink the billions of dollars necessary to rebuild industries from scratch just so they can produce, as you put it, cheap junk for Walmart?
Profit????
How much of a profit margin is there in that, given the risks involved and especially when Congress could come along and repeal all those tariffs, making their investment worthless?
Industry will adjust. Come back and tell me in two years how much their capital investments are worth in China.