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Depends on the industry, and the size of the company. If you look at the garment industry, it would be a boon for brands and a bust for small manufacturers. Be
by zer00eyz 10y ago
Depends on the industry, and the size of the company.
If you look at the garment industry, it would be a boon for brands and a bust for small manufacturers. Being able to go yarn forward into Vietnam would have a massive labor savings over the US and Mexico.
As an example, there are a LOT of pants made south of the border now (US factory that were moved or new ones opened). The TPP in recognition of what a bad deal it is on this front, leaves in some protective tariffs for 10 years to allow folks who JUST moved or JUST started, time to recoup costs before moving again.