Well-made items have razor thin profit margins too, the only items that survive this are the ones where your money was going into the owners pocket instead of wages, materials, or anything that improves the quality of the product; cheap products with high price-tags.
Even for handmade items - what about the raw materials? I’ve never bought anything from Shein, but the yarn for the sweater I’m working on wasn’t made in the US. My woodcarving tools are Norwegian I think, my paints and brush from China…
I guess if the economy crashes hard enough, maybe processing wool and spinning yarn will be viable jobs again? Life 100 BCE style…
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Well-made items have razor thin profit margins too, the only items that survive this are the ones where your money was going into the owners pocket instead of wages, materials, or anything that improves the quality of the product; cheap products with high price-tags.
heh. Its the well made stuff that will disappear.
This is what high tariffs produce :
https://www.carsguide.com.au/oversteer/classic-falcon-fan-dont-forget-your-argentine-cousins-67000
Even for handmade items - what about the raw materials? I’ve never bought anything from Shein, but the yarn for the sweater I’m working on wasn’t made in the US. My woodcarving tools are Norwegian I think, my paints and brush from China…
I guess if the economy crashes hard enough, maybe processing wool and spinning yarn will be viable jobs again? Life 100 BCE style…