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Maybe, just maybe, tariffs aren't such a bad idea. Yes, we realize it's really just a "tax on everything" but by making it a little less cost-effective to move
by starman100 7y ago
Maybe, just maybe, tariffs aren't such a bad idea. Yes, we realize it's really just a "tax on everything" but by making it a little less cost-effective to move manufacturing to China, we may bring more jobs and money back into the United States.
- rntksi 7y agoArticle says "other Southeast Asian countries" though.
- jeswin 7y agoAs long as those are countries that the US wouldn't eventually end up having a 4x trade deficit with, it should still be a good tradeoff for the US. That's a reasonable expectation since barriers for US companies to operate in those countries are lower than in China.
- rntksi 7y agoFYI 'those countries' mentioned in the article already have a big trade deficit, even bigger than 4x. Source: (e.g. Vietnam/US) https://www.census.gov/foreign-trade/balance/c5520.html https://www.census.gov/foreign-trade/balance/c5520.html And I can't see those SEA countries importing anything from the US soon. The demand isn't really there.
- ulfw 7y agoWhy would I as a non-American want to buy a US made iPhone over a China made iPhone?
- nottorp 7y agoAnd don't say quality, the Chinese will manufacture exactly what you pay them to manufacture. It's not their fault that 90% of their customers pay them to make cheap shit.
- ulfw 7y agoIf anything I'd trust (for now) the quality more with the Chinese as they've been building iPhones for 10 years, have experience, have their quality control improved year by year etc. No newcomer won't be as good from day 1