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President Donald Trump may hoping to start its tariffs in the United States, but in the opinion of experts, the reality is not so simple.
The President announced the tariffs sweeping tariffs, including 10% Levy on Wednesday, including all imports. At the same time, he targeted special countries with 34% in China, 20% in the European Union and 46% in Taiwan.
Trump, “Workplaces and factories will return.”
“We will support our internal industrial base, we will announce foreign markets and disrupt foreign trade barriers, and as a result, more production in the house will be more stronger competition and more than more than production.”
The work has lost about 6 million jobs for transferring operations outside the US companies in the last four or five decades, because work can be done in cheaper elsewhere, non-commercial President Harry Moser Changes its initiative.
Tariffs said it was a good start to overcome this problem, but the best solution that deals with a strong dollar and build a workforce.
Moser said he would choose the trump more than those who announced.
“It is easier to defend, but still the shortcomings of our workers and employees are enough to drive FDI (foreign investment).”
Trump said that the initial Salvos will happen as a result of the talks.
“When he attacked the problem until he settled in other countries, they will allow them to rise a little,” he said. “Maybe they will lower the tariffs to our products. Maybe they will encourage companies to put factories in the United States.”
‘Precautions’ expected Enterprises
Again, there are a number of issues for the United States, including non-definitions and how long they will continue around the tariffs.
“If we take into account the unexpected nature of the road and the unexpected nature to increase industrial capacity, most enterprises are waiting for carefully after this announcement,” Edward Mills, Raymond James’ Washington Policy Analyst, Celebrated Wednesday. “The new capacity can be added when possible, but larger investments are more difficult without confidence in the more long-term policy.”
“These are investments and have to justify and rationalize them as a businessman,” said Panos Kouvelis, Supply Chain, Operations and Technology at Washington University in St. Louis. “If there is an important uncertainty, you can make some investments, so you can do conservative, because you would like to see how it will play.”
Kouvelis’ s tariffs targeted in 2018 have had a great impact on the line or the US had a negative impact on the manufacturers who have no returns to the US, in some cases, have a negative impact on manufacturers. The finished goods said it was a mixed story depending on the demand.
Recent Capacities are seen as “liquid and fickle”, as they were based on the presidential executive orders and were not made through Congress, Christopher Tang, UCLA Anderson Administration School Predict Prof.
If I do not solve the crisis of trust, potential investments will not occur quickly at a speed of investments. Will slow down.
Bullion
Societe Generale’s head of US capital strategy
“Many companies are not sure how to reorganize the supply chain, and when the trade policy is known, and when he is in four years of the road,” Tang said. “So there are many, many billion dollars in investment, they cannot change a lurch.”
Morgan Stanley Analyst Chris Snyder, said that the tariffs are “positive catalyst” for reconstruction of tariffs, but said that a large project returning to the United States in the near future, he said. Currently, it is waiting for small, fast conversion investments that can increase their performance about 2%.
“When talking to corporations, there is many uncertainty about what policy will be in three months,” he said.
In addition, the consumer struck the confidence – and this will be a factor on the resignation when they worked, and that Societe Generale was the head of the US capital strategy. Monthly Consumer Confidence Index of Conference Council In March, a 12-year low hit a low down.
“When your trust is your crisis, the confidence of global companies investing in the United States will take a break,” Kabra. “If we do not solve the crisis of trust, potential investments will not be in a fast pace of investments. This will slow down.”
May be ‘dangerous’ as a hasty
Experts said so many things before they produce can really rise again in the United States.
“The United States is not ready to reset. We have no infrastructure, we do not have enough workers, but we must investigate how many Americans are ready to work in the factory,” he said. “If you hurry, it can be risky and dangerous.”
Some companies said that Trump’s returns to the tariffs, but he expects many obstacles to many. Executors are under pressure to show short-term results in quarterly earnings, and it can be difficult to manage an American workforce.
“So much regulation, there are so many laws and the cost is quite high, so promoting to return,” he said.
In addition, the American workforce training should be an important investment.
Trump’s Tariff Program “will fail when a very growing hiring and training program for qualified production workers and engineers of the nation,” he said. “For everyone ‘for all we have to go’ from college ” ‘
Morgan Stanley’s Snyder said that companies believe that they are ready to build the next projects, they will be Are more likely to turn to the United States
“The United States has been in the best in the last 50 years,” he said. Moreover, the production wave starts after the pandemic standing and the end of the tariffs begins, and this will give them more relevance.
Can be rebuilt as
According to Societe Generale Kabra, the companies have announced $ 1.4 trillion in investments since the election. According to him, it adds about 200,000 new jobs.
Hyundai exceeds a $ 21 billion investment in the United States, including $ 5.8 billion in agriculture in Louisiana.
According to experts, car manufacturers are likely to be among the inventors. Trump applied 25% tariffs to imported cars and gave the tax key to car parts.
Manufacturers of gas-fired cars must draw their choices because they have a very easy supply chain of Washington’s University of Kouvelis.
“The gas-fired car industry has difficulty with regulated supply chains and does not have enough incentive to do it,” he said.
Electric vehicles are a different story, because fewer parts, the most important of the battery, so the operations of these companies have changed more.
“Everyone realizes that the US market is lucrative and kept more or less advantages (such as Chinese companies),” Kouvelis said.
Snyder is also among those likely EVS to come to the United States, because they will need more power. The thesis is the industries that have to expand – instead of shutting up the store in another country, instead, there will be returning to the United States, including industrial equipment and semiconductors.
Although the semiconductors and pharmaceutical tariffs are free, it may still be targeted in the later date. Experts said they expect their work again in both industries.
Semiconductor manufacturers received a return stimulus after the Congress passed in 2022 in 2022, financial assistance and tax loans to the expanding facilities and tax loans in 2022. The computer and electronic products industry have done the most modified work announced in 2024 according to the reconstruction initiative.
“These are highly technological, high-level technology and many automate. They do not need many employees,” Tang said.
With Pharma companies, only some supply chains can be returned.
“The question is where will you apply the tariff? Will you apply to the finals or chemicals? Because you want chemicals and active substances to come from China,” Kouvelis said.
However, formation and packaging can be made in the United States, if enough to prevent tariffs, he said.
“If you want them to bring them all of the supply chain, you must be very aggressive in using tariffs in the chain of supply,” Kouvelis said.
Including some Pharma companies, including Eli lilli and Johnson & JohnsonBefore Trump started expanding in the United States.
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