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So instead of assembly in China, we will have assembly in India by a Chinese company --- using lots and lots of components sourced from China. And all will be
by jqpabc123 2y ago
So instead of assembly in China, we will have assembly in India by a Chinese company --- using lots and lots of components sourced from China.
And all will be right with the "trade war"?
How long before we admit that it is all but impossible to circumvent free market economics by decree without harming yourself as much (if not more) than anyone else?
In other words, when will we just admit that a broad scale trade war has never actually been "won"? And only a fool with a history of bankruptcy and falsehood would even try to suggest otherwise.
It's time to wake up and smell the coffee --- the 19th century wasn't all that great and foreign countries don't pay tariffs --- US importers and consumers do. Tariffs are ultimately a tax on you.