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Honest question: If some Chinese goods become "too expensive" because of the tariff, wouldn't some other country's goods become the new more affordable one? If
by yohann305 8y ago
Honest question: If some Chinese goods become "too expensive" because of the tariff, wouldn't some other country's goods become the new more affordable one?
If so, does anyone here know who's next in line after China?
ps: i'm already looking for a potential alternative to AliExpress to buy integrated circuits :)
- TomMarius 8y agoIndia, probably. And then Africa, probably Nigeria - hopefully, that'd help them a lot. (IMHO, not an expert)
- oliwarner 8y agoIt'll move to central and southern Africa. China has been sinking serious finances and engineering personnel into Africa for about 20 years. The Koreas have been trying too. Basically as soon as the Chinese middle class pushes up wages past the point where manufacturing is viable, they'll need a cheaper workforce. Thanks to these long-view investments, they'll likely maintain control over manufacture for another few decades, at least. India is already cooked. Despite their wage inequality, they're practically already post-manufacture. They've missed the boat.
- chki 8y agoThe global economy is very complicated, there will be different suppliers in different countries with various qualities of the different goods they are selling therefore I don't think there is an easy answer to that question.
- mkirklions 8y agoThis sounds awful, we have technology in china that costs millions to replace. My company is seriously hurting, where last year we have our best profits in decades, this last quarter was survival. I hate money in politics, but I'm starting to think that big companies will be supporting politicians that will end these tariffs.
- rasz 8y agoYour company was on its way to export your job to China next, you know, to reach another profit record.
- s73v3r_ 8y agoThat depends entirely if another country can spin up the infrastructure to manufacture that stuff at the low cost that China was known for.
- deleted 8y ago[deleted]
- bluGill 8y agoMaybe, but it is a dangerous bet. If a country is already producing something they can probably produce a little more: just work some overtime. To do anything more than a little though requires new manufacturing plants. Building them isn't hard, but it takes time: you risk that your expensive new plant opens the day this all resolves. If that happens you go bankrupt.
- perl4ever 8y agoIs anything made outside China? Well, does anyone remember the flooding in Thailand that caused a shortage of hard drives in 2011?