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That's not true; manufacturing has been moving out of China slowly, it just needs to speed up. And US can source from other SE Asia countries. There's no othe
by baklavabook 9y ago
That's not true; manufacturing has been moving out of China slowly, it just needs to speed up. And US can source from other SE Asia countries.
There's no other big consumer country like US to buy all the stuff from China.
- tonyedgecombe 9y agoChina isn't going away even if the US stops buying its trinkets from them.
- majewsky 9y ago> There's no other big consumer country like US to buy all the stuff from China. The EU may not be a single country, but it's a bigger market than the US. Furthermore, there's literally every other country on Earth. Of course, most of them are not nearly as developed as the Western countries. But if you take e.g. the EU and the rest of the BRICS, intensifying trade with those would likely offset a large part of the potential losses in trade volume with the US.