Toxic dog food, toxic baby formula, forced labour, harvesting the organs of political dissenters...
I'm sure China will do much better when it comes to cars though.
Toxic dog food, toxic baby formula, forced labour, harvesting the organs of political dissenters...
I'm sure China will do much better when it comes to cars though.
i have a question; why can't places like harbor freight use "proxy" countries? take a place that has little to no tarriffs, import the tools from China to that location, do some trivial amount of work in said country and then ship them to America. Does the tariff apply based on the country of manufacturer or the origin of the transaction?
In Brazil; which has VERY high tarriffs they established the city of manaus as a free trade zone, this created a world where alot of manufacturers do final assembly (smart phones, appliances, TVs, etc.) in manaus and the net/net cost is less to the Brazilian people.
In reply to ClearWaterMS :
As a supply chain person I can tell you this is being discussed. I also believe this is part of the end game.
I don't believe imposing tariffs is about "fair trade".
My personal opinion is the goal is two fold:
1. Greatly reducing China's global influence.
2. Diversifying the supply chain as a whole.
Beyond their aforementioned horrendous human rights record they are trying to monopolize every market they can. Neither one of these are good things for the rest of the world.
From a business prospective it's far better to have numerous "low cost" countries than one large one.
Tom1200 said:In reply to ClearWaterMS :
As a supply chain person I can tell you this is being discussed. I also believe this is part of the end game.
I don't believe imposing tariffs is about "fair trade".
My personal opinion is the goal is two fold:
1. Greatly reducing China's global influence.
2. Diversifying the supply chain as a whole.
Beyond their aforementioned horrendous human rights record they are trying to monopolize every market they can. Neither one of these are good things for the rest of the world.
From a business prospective it's far better to have numerous "low cost" countries than one large one.
in this case; i believe that uncertainty is the enemy of progress and America as a country has such a small attention span I wonder if we will have the fortitude to absorb the pain long enough to resolve either of the challenges you have listed...
I think the proxy problem is the same issue... can we define a path forward that will last long enough that the business world can adjust and mobilize accordingly.
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