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re: Muh tariffs are taxes on the American consumer!
Posted on 6/5/19 at 7:41 pm to BuckyCheese
Posted on 6/5/19 at 7:41 pm to BuckyCheese
quote:
Thank the EPA for that.
While you aren't wrong (rare Earth's aren't actually rare), China would still have a decided advantage based on the sheer amount of the minerals that they posess. Combine that with cheap labor and virtually ZERO environmental regulations and China is in a dominant position today (a virtual monopoly...although that is slowly changing).
1
Posted on 6/6/19 at 7:27 am to jimmy the leg
quote:
Combine that with cheap labor and virtually ZERO environmental regulations and China is in a dominant position today (a virtual monopoly...although that is slowly changing).
There are other nation's with cheap labor & lax environmental laws that Western companies could exploit. China had the forethought to set conditions on doing business in their country & greedy corporations accept/ed those terms.
This post was edited on 6/6/19 at 7:36 am
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