Siete
Platinum Member
- May 19, 2014
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- #201
I suppose that you are prepared to go barefoot. 99% of the shoes sold in America are manufactured in China.
Do you really believe China is the only country in the world with dirt cheap labor?
True but most of the 14 countries nearby do not have the raw materials that can supply US economy. They cannot compete with China.
Other wise they could have done it long time ago. Some companies did but not big enough.
Labors in Middle East like constructions workers, operators, services like waiters, cooks or maids, engineers etc etc etc. Came from India, Pakistan, Vietnam, Philippines etc ........ then Chinese entered the labor force. Salaries went down.
I think they can do what others have already done, and that is move operations to a more profitable country. Tariffs severely cut that profit so having raw materials at hand is just a matter of importing them to their new location.
China is not giving up on this trade war just yet. However nothing like this has been tried before in modern times, and while I don't care for trade wars, I say we can't gauge the results int he middle of the battle. Each country will make moves, and eventually come to some sort of settlement good or bad. Only then can we rate the Trump strategy.
In the meantime, growing pains will have to ensue. As long as our government is taking care of these farmers, they can wait out the battle with the rest of us.
I didn't realize you were a big government socialist, but there it is you are indeed.
It's something he calls subsides. I know Trump invented it because it's never been done in this country before.
his trade war is going so well he gave victims $16 BILLION DOLLARS to bail them out.