We get so much merchandise from China, I think a trade war would be very painful for the average American who, thanks to the loss of manufacturing jobs, can't afford many things that are NOT made in China. But the pain will be temporary. We have to bring American manufacturing jobs back. Right now, America's manufacturing sector is only producing at a 1930 level, when expressed in 2016 dollars. (The 1930 dollar is worth approximately 13 2016 dollars!) I'm just afraid Trump won't follow through.
Apple should do what Cisco did over the Wahwei product counterfeiting controversy. Just tell the People's Liberation Army that production will be moved to one or more of "The Seven Tigers" (Thailand, Laos et al). Their song will change key right away.
We get so much merchandise from China, I think a trade war would be very painful for the average American who, thanks to the loss of manufacturing jobs, can't afford many things that are NOT made in China. But the pain will be temporary. We have to bring American manufacturing jobs back. Right now, America's manufacturing sector is only producing at a 1930 level, when expressed in 2016 dollars. (The 1930 dollar is worth approximately 13 2016 dollars!) I'm just afraid Trump won't follow through.
ReplyDeleteApple should do what Cisco did over the Wahwei product counterfeiting controversy. Just tell the People's Liberation Army that production will be moved to one or more of "The Seven Tigers" (Thailand, Laos et al). Their song will change key right away.
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