sethnintendo on 24 May 2019
| Dulfite said: Here's my take. It will only be temporary, and China cannot win a trade war with the U.S. so they will eventually break and then prices will be lower again and the U.S. will reap the benefits of having done it in the first place by having American made products purchased more because the tarrifs increase the cost of foreign imports and make them less of a steal. We import far more from China than they import from us, so they cannot win this fight. It's just a matter of time. |
Multinational companies can avoid tarrifs by shipping product to one country say Vietnam then ship to USA or they might move manufacturing base to another low cost country. Multinationals have been jumping countries to lowest labor for decades and China labor cost are rising. Basically they are cheap bastards and profit is number one because that's the whole point of a company to make money.
