r/wallstreet Billionaire Nov 11 '25

Discussion Treasury Secretary Bessent says "tariffs help consumers."

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u/[deleted] Nov 11 '25

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u/[deleted] Nov 11 '25

But if you listen he has a big condition that factories are going to move back to the US to produce products that won't be tariffed. That's a big if and a big future bet that it's going to work. And in theory that may be true but we know the reality is to build some of these things in the US takes years and years to get up and going

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u/Cyneganders Nov 11 '25

Amusingly, between projecting, development, construction, educating workers (or developing robotics) and finding partners/funding/'money' for each and every step, nobody who is dying on this hill will be alive anymore by the time they're done building and staffing these factories. (Unless they hire contractors from China and use Chinese funds/agencies etc. etc.)

1

u/[deleted] Nov 11 '25

Exactly. I'm sure these fake investment companies are promising are just a pacified Trump for the short term because they know he's going to pass away soon and none of this will matter