I highly doubt this. It takes a special kind of stupidity not to understand the costs of building new manufacturing facilities.
Not to mention the lead times for construction and the expense of hiring and training more employees when the facilities eventually are ready to begin production.
I am confident that many, MANY Republican elected officials have a heaping helping of special stupidity. I have heard them speak. They are exceptionally stupid about many things.
They’re not that stupid. But they know their base is. GOP elected officials were well aware the tariffs were just a way to shift tax burden from their rich patrons to the American consumer.
GOP elected officials were well aware the tariffs were just a way to shift tax burden from their rich patrons to the American consumer
“The base” given the choice of getting 20 dollars taken directly by the government as an explicit tax, or getting $19 taken as explicit tax and $6 taken indirectly by carried over pricing, will take the $5 loss just to say they gave one fewer dollar to the government.