• Treczoks@lemmy.world
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    12 hours ago

    Many small but important parts come from China nowadays. Parts we use directly, and those that end up in things people buy: screws and bolts, electronic parts, all kinds of plastic products. The US no longer has the machines or manpower to produce those parts on their own, and will still have to buy them in China.

    Brace for inflation in the US like you have last seen in the 1920s.