3 ms·
> elsewhere your goods cost 15% more than those coming from the rest of the world. That's impossible. Goods manufactured in the US will cost way more than that
by breadwinner 1y ago
> elsewhere your goods cost 15% more than those coming from the rest of the world.
That's impossible. Goods manufactured in the US will cost way more than that. The minimum wage in Vietnam is under $1 USD per hour, while in the US it ranges from $7.50 to $15 USD. So unless the product is manufactured by robots (which defeats the point of tariffs), products manufactured in the US will be around 10x more expensive than those manufactured in Asia.