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SVTPerformance's Chain of Restaurants
Road Side Pub
Ford Production -- Ouch!
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<blockquote data-quote="IronSnake" data-source="post: 16613810" data-attributes="member: 46336"><p>Major supplier here. My company co-owns a few plants and companies in China (as much as you can, I guess).</p><p></p><p>Not sure I'd call any of Trumps policies pro-American manufacturing. He protected the steel industry, but everyone else got the shaft. Nothing financially was extended to us to bring it all over here. All the tariffs did was make our goods 25% more costly. He didn't close the cost gap in moving our production here. Taxes, red tape, and unions would absolutely balloon our production costs.</p><p></p><p>Bidens been no better. If he finalizes a corporate tax hike but doesn't touch tarrifs, a lot of companies you know and love in the Automotive world are going under. Spectra Premium is one which just went bankrupt. MOOG is on its last leg. Quite a few brands are hanging on by a thread.</p><p></p><p>Pro-American Manufacturing policy didn't exist with Obama. It didn't exist with Trump. And it doesn't exist with Biden. They're just here to collect more tax revenue. They know it's too expensive to produce certain goods here.</p></blockquote><p></p>
[QUOTE="IronSnake, post: 16613810, member: 46336"] Major supplier here. My company co-owns a few plants and companies in China (as much as you can, I guess). Not sure I'd call any of Trumps policies pro-American manufacturing. He protected the steel industry, but everyone else got the shaft. Nothing financially was extended to us to bring it all over here. All the tariffs did was make our goods 25% more costly. He didn't close the cost gap in moving our production here. Taxes, red tape, and unions would absolutely balloon our production costs. Bidens been no better. If he finalizes a corporate tax hike but doesn't touch tarrifs, a lot of companies you know and love in the Automotive world are going under. Spectra Premium is one which just went bankrupt. MOOG is on its last leg. Quite a few brands are hanging on by a thread. Pro-American Manufacturing policy didn't exist with Obama. It didn't exist with Trump. And it doesn't exist with Biden. They're just here to collect more tax revenue. They know it's too expensive to produce certain goods here. [/QUOTE]
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SVTPerformance's Chain of Restaurants
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Ford Production -- Ouch!
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