Originally Posted by
TheGeneral
“American psyche” statement above definitely does NOT apply to anything Chinese made. Most Americans still think China cannot produce anything of quality in that “third world country” EVEN on true quality product.
China factories are also starting to establish factory locations in other markets (Vietnam especially) in work arounds of these increased tariffs. Im sure they won’t be receiving quite as many government grants/incentives as keeping full production in the republic, but access to the rest of the global market at a competitive level will outweigh those losses.
Basically until labour forces can be utilized effectively in NA (which will never happen now with the woke generation expecting to live in a $1m detached Single family home on a McDonald’s wage) or labour is completely removed from the equation with automation (which will destroy the labour force anyway), the US will continue to tariff chase whatever next factory focused country emerges.