Grim outlook for exports as trade war escalates

[Pravda]

It should say grim outlook for expats with ever tanking Western currencies 

[DrTuner]

20 minutes ago, billd766 said:

Have you any idea of the cost of doing that, how long it will take or who will have to pay for it?

 

Do you realise why companies went overseas with jobs? To cut the cost of labour to keep their prices down and their profits up.

 

Take Apple as an example.

 

How much will it cost to build new factories in the USA?

Where will Apple find enough qualified people to run those factories and at what salaries?

If/When Apple does that and produces an iPhone for the US market, paying US wages, what will its price be and who will be able to afford one?

It'll take years and it'll cost and yes goods will cost more. A positive effect would be reduced consumerism. And Apple can take a cut on their profit, overpriced junk.

 

That's what you get when you enter the melee to use somebody else's slave labor, until they've accumulated your money and start using it against you.

 

Although US will likely just import enough Mexicans to do the dirty work, unless .. there's a wall. All hail the genius savior of the white man! U-S-A, U-S-A, U-S-A!! WOOOHOOO!!!! ????

[toenail]

Another lie of DT: "... as Tariffs are NOW being paid to the United States by China of 25 per cent on US$250 billion worth of goods and products."
Not true.
Tariffs are paid by the American importers.... 
Not quite the same!

Pathetic the POTUS has no idea how tariffs work. And his cult followers will still support him despite the prices increasing on goods at Walmart ( Trumpstes’ favorite discount store where 90% of the merchandise is imported from China.



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