OPERATORS E082: Election Tariffs?
Nov 13, 2024
Dive into the aftermath of the recent election and its ripple effects on business and manufacturing. Discover the future of production with automation and robotics as key players. Challenges of moving manufacturing back to the U.S. are laid bare, from high costs to regulatory hurdles. The podcast also tackles the delicate balance of nationalism and globalism in trade. Expect insights on building resilient domestic supply chains and the evolving landscape of tariffs that shape American consumer behavior.
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Post-Election Business Considerations
- Consider the implications of the 2022 US election outcome for consumer businesses.
- Think about domestic manufacturing, globalism vs. nationalism, and consumer behavior.
Manufacturing Challenges for Brands
- Most brands will manufacture where it's easiest and most accommodating.
- They lack the resources to pioneer domestic manufacturing solutions.
Fixing US Manufacturing
- Advocate for clearer "Made in America" definitions, similar to Switzerland's 60% value rule.
- Address the over-retailed, under-industrialized state of US commercial real estate.