Michele Dutto
micheledutto.bsky.social
Michele Dutto
@micheledutto.bsky.social
20 - Undergraduate in economics and business management at unicatt. Milan, Italy
I think,Trump must now make his strategy clear and give guarantees to his friends at the very least 14/n
April 4, 2025 at 7:40 PM
Trump's reputation as a revengeful leader could create scenarios where CEOs have to choose whether to align with his policies or risk retaliation, with possible pressure from investors. 13/n
April 4, 2025 at 7:40 PM
His unpredictability risks slowing investment in many sectors, while pushing toward self-sufficiency risks fragmenting global value chains, making production costlier. 12/n
April 4, 2025 at 7:40 PM
We should expect greater friction specifically in these areas as Trump's manufacturing vision takes shape. 11/n
April 4, 2025 at 7:40 PM
Semiconductors seem to be a key element of this strategy, as they influence many strategic sectors of its most loyal friends such as AI, energy, automotive... 10/n
April 4, 2025 at 7:40 PM
The costs would inevitably fall on consumers or taxpayers, making many of these reshoring efforts potentially inefficient. 9/n
April 4, 2025 at 7:40 PM
Without extensive automation (which would reduce job creation) or permanent high subsidies/tariffs, these industries would struggle to be competitive. 8/n
April 4, 2025 at 7:40 PM
However, these initiatives face significant challenges: U.S. wages are too high to compete on labor costs, and there's insufficient skilled labor to meet all demands. 7/n
April 4, 2025 at 7:40 PM
His goal is to reshore both low-value-added and high-tech sectors to the United States, aligning with his promise to bring back jobs and prosperity to his MAGA voter base. 6/n
April 4, 2025 at 7:40 PM
Trump considers the trade deficit an "Absolute Evil," interpreting it as a net loss of wealth and jobs to other countries, whom he views as "freeloaders."5/n
April 4, 2025 at 7:40 PM
His strategy involves supporting American businesses through incentives, tariffs, and trade barriers to rebuild domestic manufacturing capacity. 4/n
April 4, 2025 at 7:40 PM
Trump views China's approach as both an economic and national security threat to the U.S., which he believes has excessively outsourced production. 3/n
April 4, 2025 at 7:40 PM
He wants to replicate what he perceives as its strength, though with different methods oriented toward the American market 2/n
April 4, 2025 at 7:40 PM
Tariffs alone cannot fully address the competitive advantage of lower Asian labor costs, so I think, we'll see a hybrid approach combining targeted tax incentives with tariff threats
April 4, 2025 at 7:38 PM
Either we wake up to the fact that the world is more complex than human feeling and accept the fact that incompetence, greed for power and a lack of understanding of social dynamics are ruining the future of the West 4/4
January 3, 2025 at 11:24 PM
We've reached the point where we still have to understand that prediction markets are not oracles. 3/4
January 3, 2025 at 11:24 PM
Direct democracy has already been tested and has failed and is failing. Examples like Fidias are emblematic because they demonstrate the long chain of slaves used by people like Musk to blind people and give them the illusion of being part of something. 2/4
January 3, 2025 at 11:24 PM
This approach must take into account the inevitable consolidation of winners and losers within the industry. While China lags significantly behind in the long-term outlook(from what we know today),however there are warning signs such as DeepSeek 2/n
December 27, 2024 at 10:01 AM