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re: U.S. companies are finding out they don't own their own factories in China
Posted on 4/6/20 at 12:55 pm to keakar
Posted on 4/6/20 at 12:55 pm to keakar
quote:
trump needs to impose 900% tariffs on all manufactured goods from china as soon as this is over
you want to keep your factories in china, you profits are reduced by 900% ?
You could use country of origin tariffs to discourage greedy corporations from outsourcing... You would have to peg the other country 's median income to ours to get a rate.
Last time I did the math I think it was either 1800% or 2200% for all goods or services of Chinese origin.
This post was edited on 4/6/20 at 12:56 pm
Posted on 4/6/20 at 2:13 pm to Boatshoes
quote:
You could use country of origin tariffs to discourage greedy corporations from outsourcing... You would have to peg the other country 's median income to ours to get a rate.
Last time I did the math I think it was either 1800% or 2200% for all goods or services of Chinese origin.
Country of Origin? Please define the term.
Smithfield farms division of WH Group (China) is just one of the many food entities in the U.S. owned by China. Smithfield grows and slaughters hogs in the U.S., then proceeds to cut them into 3 piece carcasses and ships them to China for further processing.
After processing in questionable sanitation in China, they can be, and are being shipped back to the American consumer labeled as "Grown in the USA". WH Group Labels
![](https://www.wh-group.com/en/images/home/banner07.png)
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