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re: Muh tariffs are taxes on the American consumer!
Posted on 6/6/19 at 7:27 am to jimmy the leg
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
1
Posted on 6/6/19 at 7:34 am to sugar71
quote:
Their 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.
the post you replied to was about rare earth metals. the other poor/developing countries you reference certainly could not perform how China has performed. there are other options for base level manufacturing (the jobs tariffs seek to return to the US for some reason), but not trade in certain commodities that we need for our tech
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