XPost: or.politics, alt.politics.trump, alt.fan.rush-limbaugh   
   From: sss@example.de   
      
   On 11/10/2024 10:23 AM, Baxter wrote:   
   > So it's "logic" if you have zero understanding of how tariffs work!!!   
      
   https://prosperousamerica.org/economic-view-tariff-jumping-inves   
   ment-the-success-of-the-2018-washing-machine-tariffs/   
      
   For years, the two large importers, Samsung and LG Electronics, had   
   opposed any import restrictions. But once those tariffs were in place,   
   the Korean manufacturers quickly changed their tune.   
      
   In 2018, LG Electronics completed an investment of $360 million in a new   
   “smart factory” in Clarksville, Tennessee. LG hired 700 employees and   
   began building washing machines there. In April 2021, it announced that   
   it had produced 1 million washing machines at Clarksville. It said it   
   was investing a further $20.5 million and hiring 300 more employees, to   
   bring its Clarksville headcount to “about 1,000.” In December 2022, LG   
   announced three new model washing machines capitalizing on the trend   
   towards energy-efficient and “smart” (i.e. Internet-enabled) appliances.   
   Those new models are all to be made in Clarksville.   
      
   Buck Dellinger, CEO of the Clarksville Industrial Development Board,   
   told us that LG Electronics is one of a number of large companies that   
   have chosen to build facilities in the Clarksville industrial park.   
   Clarksville set up the industrial park 22 years ago to build up an   
   industrial base to offer alternative employment in case the nearby Fort   
   Campbell army base reduced its presence in the area. In the last five   
   years, the industrial park has added 4,514 direct jobs, and a total of   
   7,236 including indirect jobs, Dellinger said. Indirect jobs include   
   suppliers to the companies in the industrial park, and service companies   
   serving employees such as restaurants and convenience stores. In the ten   
   years to 2022, Clarksville’s average salary grew 77%, as compared to the   
   U.S. growth rate of 62%. With 177,000 residents, Clarksville is adding   
   population at over 3% a year and is now Tennessee’s fifth largest city,   
   right behind Chattanooga.   
      
   --- SoupGate-DOS v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)