Domestic production that is perceived to benefit national sovereignty is protected.
See: farming, energy, and defense spending/subsidies.
There is no point in history where any nation, anywhere, has needed to be self-sufficient in the production of Nike Air Maxes.
That being said, my sneakers, New Balance 990v6s, were made in the US-- probably Maine. They're $200.
The shoes I typically wear for work, Red Wing Iron Rangers or Work Chukkas, were made in the US-- probably Minnesota. They're $350 and $290 respectively.
I don't know if increased volume will decrease the prices by much, they're only higher than premium imports by a little bit.
> I don't know if increased volume will decrease the prices by much, they're only higher than premium imports by a little bit.
I don't think its reasonable to expect lower prices for domestic production at all, because the demand for domestic products is only going up (from people that used to buy Vietnamese Nikes).
Personally I think the whole tariff experiment is predictably going to fail, because "increased self sufficiency" does not buy you anything, and at some point people are just gonna push back politically if the cost increases get too bad.
I've had it explained to me that now that manufacturers won't sell to China because of retaliatory tariffs, they're more product to sell domestically which would push down prices. Less demand due to tariffs from China = lower prices.
I also think the argument is bad in general, because more/similar exports than imports would only really hold for the countries least affected by the new tariffs, anyway.
See: farming, energy, and defense spending/subsidies.
There is no point in history where any nation, anywhere, has needed to be self-sufficient in the production of Nike Air Maxes.
That being said, my sneakers, New Balance 990v6s, were made in the US-- probably Maine. They're $200.
The shoes I typically wear for work, Red Wing Iron Rangers or Work Chukkas, were made in the US-- probably Minnesota. They're $350 and $290 respectively.
I don't know if increased volume will decrease the prices by much, they're only higher than premium imports by a little bit.
There is domestic production already here.