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Where an item is made is not solely dependent on labour costs, but importantly on availability of skilled labour, especially for high-end products. America has long outsourced its manufacturing; whatever manufacturing it does has been taken over by automation and robots. That's why tariffs will...
LKY was prescient when he gave this speech in 1985, when Japan was about to surpass America as #1, and America was trying to cripple it. History repeats itself today.
Yah, but China is now the world's factory. How to relocate factories back to the US with its heavily unionized labor, not to mention lack of skilled labor in many sectors and other obstacles. Once the genie is let out of the bottle, you can't put it back in. And tariffs ain't the answer.
It's got nothing to do with rogue countries. Back in the '50s and '60s China was actively pushing communism in this region, but nothing was done because China couldn't threaten US' position as #1. Now that communism is dead, where's the threat?
It's all about maintaining (1) US supremacy and...
America can't even get its manufacturing act right. Tariffs will just increase costs and inflation for American consumers, increase the trade deficit (import more), without significantly bringing manufacturing back to the US.
LVMH finds making Louis Vuitton bags messy in Texas
By Tassilo...
https://www.zerohedge.com/markets/time-squeeze-chinese-heads-wall-kevin-oleary-calls-400-tariffs
"Time To Squeeze Chinese Heads Into Wall": Kevin O'Leary Calls For 400% Tariffs
BY TYLER DURDEN
THURSDAY, APR 10, 2025 - 05:20 AM
Democratic panelists on CNN were left stunned when Shark Tank's...
For all the US ass-kissers out there who think America a benevolent power out to help the world grow rich, think again.
This is actually an extraordinary admission to make for a US Vice President
Vance explains that "the idea of globalization was that rich countries would move further up...
It was a thrashing. Zero resistance from the Indians. The PLA even collected all the weapons, cleaned them, packed them up and returned them to India.
It's a little known fact, but the PLA has won practically every war it has fought since 1947. A much better record than the US’.