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China is now itself outsourcing to cheaper countries, because Chinese labor has become expensive. Supply chains become flexible when the incentives are there. I
by incrudible 6y ago
China is now itself outsourcing to cheaper countries, because Chinese labor has become expensive. Supply chains become flexible when the incentives are there. I think the Trump tariffs were on the right track, but for the wrong reasons.
- insulanus 6y agoYes, the Trump tariffs show that there are one or two things that China will respond to. It seems unlikely that the US or the EU will want to pay the cost in the short term.