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‘Cheap manufacturing be damned’: Sentiment builds for moving U.S. companies out of China
Posted on 3/25/20 at 10:18 am
Posted on 3/25/20 at 10:18 am
“We're staring into a significant, significant crisis of supply chain,” Colorado Sen. Cory Gardner told the Washington Examiner. “Cheap labor or cheap manufacturing be damned if you are reliant on them for your life and livelihood.”
“Because of the coronavirus problem, people are recognizing that any supply chain that has single points of failure is incredibly vulnerable,” the Heritage Foundation’s Dean Cheng, a senior research fellow in the organization’s Asian Studies Center, told the Washington Examiner. “China is going to be very concerned about decoupling, offshoring, [or any] redirection of investments out of China.”
Chinese officials already have warned against such a shift, in response to White House officials who share Gardner’s views. “Such an attempt is by no means the right prescription amid the pandemic, still less a viable way out for domestic problems the U.S. faces,” Chinese Foreign Ministry spokesman Geng Shuang said last week. “It will only cause greater damage to the innocent American people.”
LINK
“Because of the coronavirus problem, people are recognizing that any supply chain that has single points of failure is incredibly vulnerable,” the Heritage Foundation’s Dean Cheng, a senior research fellow in the organization’s Asian Studies Center, told the Washington Examiner. “China is going to be very concerned about decoupling, offshoring, [or any] redirection of investments out of China.”
Chinese officials already have warned against such a shift, in response to White House officials who share Gardner’s views. “Such an attempt is by no means the right prescription amid the pandemic, still less a viable way out for domestic problems the U.S. faces,” Chinese Foreign Ministry spokesman Geng Shuang said last week. “It will only cause greater damage to the innocent American people.”
LINK
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Posted on 3/25/20 at 10:19 am to Jjdoc
quote:
“It will only cause greater damage to the innocent American people.”
no worse than the chinese virus from CHI NA
Posted on 3/25/20 at 10:20 am to Jjdoc
Now I'm gonna have to pay a few cents more? Oh No!
Posted on 3/25/20 at 10:20 am to Jjdoc
IB A CHINAMAN will be here soon MELTING!
he hates AMERICAN JOBS!
he hates AMERICAN JOBS!
Posted on 3/25/20 at 10:21 am to Jjdoc
As well it should.
History books will likely show that the most far-reaching impact of COVID19 will be the emergence of a growing US-India manufacturing partnership.
Granted, I wish we'd 100% repatriate all of those businesses, but it would take something overwhelming like the FairTax to make that happen.
History books will likely show that the most far-reaching impact of COVID19 will be the emergence of a growing US-India manufacturing partnership.
Granted, I wish we'd 100% repatriate all of those businesses, but it would take something overwhelming like the FairTax to make that happen.
Posted on 3/25/20 at 10:21 am to Jjdoc
quote:
Chinese officials already have warned against such a shift, in response to White House officials who share Gardner’s views. “Such an attempt is by no means the right prescription amid the pandemic,
They say this with a straight face while simultaneously threatening to cut off our drug supplies!
Posted on 3/25/20 at 10:21 am to Jjdoc
quote:
Cheap manufacturing be damned
Just love it to Mexico
Posted on 3/25/20 at 10:22 am to Jjdoc
quote:
Sentiment builds for moving U.S. companies out of China
Posted on 3/25/20 at 10:25 am to Jjdoc
The only way movement out of China will happen in anything more than token form, will be for tariffs or regulation to step in to make it prohibitively expensive.
That's it.
That's it.
Posted on 3/25/20 at 10:27 am to Ancient Astronaut
quote:
Now I'm gonna have to pay a few cents more? Oh No!
It will be more than a few cents more and the majority of Americans buy in price. It sucks, but it's reality.
Posted on 3/25/20 at 10:27 am to Jjdoc
What’s sad is that it took a global pandemic for those idiots to realizes this.
This is our fault for electing politicians who shipped manufacturing overseas and letting them keep their job when we knew they didn’t give a shite about the people who voted for them.
This is our fault for electing politicians who shipped manufacturing overseas and letting them keep their job when we knew they didn’t give a shite about the people who voted for them.
Posted on 3/25/20 at 10:28 am to VoxDawg
quote:
will be the emergence of a growing US-India manufacturing partnership.
India is a shite place to ship from. Look at the geography of the trade routes to and from India. India will never be on the scale of China.
Posted on 3/25/20 at 10:28 am to Ancient Astronaut
quote:
Now I'm gonna have to pay a few cents more? Oh No!
exactly like wilbur ross said we consumers have not even felt any noticeable sting from these tariffs. Hell, i am willing to pay more. now greedy companies who want slave labor with no regs in china? absolutely. F them. as if they cannot make money here under trump. the globalists sold us out. clinton, W, obama and their ilk.
The chinese can shove their clothes and cheap TV's up their arse. all heavy industrial and anything medical should be made here. for war time purposes as well.
Posted on 3/25/20 at 10:28 am to cokebottleag
quote:
The only way movement out of China will happen in anything more than token form, will be for tariffs or regulation to step in to make it prohibitively expensive.
you are probably correct. Or, how about only allowing drug manufacturers to produce a certain percentage in one country other than the US?? Not necessarily a fan of this idea, but we need to avoid total dependency on china for any one item/industry.
just spitballing here.....
Posted on 3/25/20 at 10:30 am to Screaming Viking
Shouldn’t buy anything from China ever again. Move all that shite to this hemisphere.
Posted on 3/25/20 at 10:31 am to Jjdoc
I will gladly pay a few cents more for goods if the money stays with american families.
Posted on 3/25/20 at 10:31 am to Chef Free Gold Bloom
Agree. More business with our neighbors to the south.
Posted on 3/25/20 at 10:32 am to Fat Bastard
quote:
exactly like wilbur ross said we consumers have not even felt any noticeable sting from these tariffs.
But but but all those IBChinaman threads said.......
Posted on 3/25/20 at 10:35 am to Jjdoc
Why don't we move production to the PI or South America?
This post was edited on 3/25/20 at 10:36 am
Posted on 3/25/20 at 10:41 am to VoxDawg
quote:
wish we'd 100% repatriate all of those businesses
This doesn't work with the model. The point is you can't have all your supply based in one spot. If everything was in America, and something wiped out the ability for American manufacturers to produce, you'd still be screwed.
The point is to spread it out in various geographic locations.
I'd be all for America having a very high percentage of manufacturing of its essential supply brought back, but am highly in favor of spreading out the percentage to places like Brazil, India, etc. (including leaving some in China) instead of leaving it all in China.
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