China Trade War Yielding HUGE Benefits
Some of the world’s top companies are scaling back their production in China, moving instead to neighboring countries or bringing jobs right back to America. The Daily Caller reports:
More than 50 global companies including Apple, Nintendo and Dell are rushing to pull production out of China amid the country’s trade war with the United States.
U.S., Japanese, Taiwanese and even Chinese manufacturers are moving out of the country in fear of a prolonged trade conflict, including those who make personal computers, smartphones and other electronics, Nikkei Asian Review reported Thursday.
Advertisement“We need permanent measures to avoid the risk of tariffs and be eligible for U.S. government procurement,” Kiyofumi Kakudo, CEO of computer maker Dynabook —which makes almost all of its notebook PCs in China — told Nikkei.
“Although the fourth round of U.S. tariffs has been temporarily shelved, we cannot tell what will happen nor when,” Kakudo continued.
China losing business from companies is important for two reasons: it helps America remain competitive and grow the economy at home, but also starves China from revenue that it uses to build up its military for regional dominance.
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About The Author
Sure, big benefits? Ask the farmers in Iowa, Illinois, Indiana, Nebraska, and other points how these Americans have benefitted. How about the rising costs of many products for Americans
What do you know, Tony? You and I have been subsidizing “farmers” all over the country for 70 years. This is no different. Right now, hog prices in the U.S. are GREAT, because China is suffering a bad swine disease epidemic. We’re selling them TONS of pig. How would YOU handle the THEFT of technological and military data from the U.S? Ignore it? China is currently attempting to overtake the U.S. Dollar as the world’s standard currency. What would happen if it happened? Your little Toyota would cost another $6,000, and The U.S. would suffer the worse unemployment since Carter, maybe worse. We would become a true socialist country, government control of EVERYTHING, even your personal life. So, try praying that this move helps us. It appears to now. We’ll see. God Bless America!
The ones I know are doing great and are well pleased with President Trump’s policies! Are you a democrat?
What rising costs?? Please be specific.
I haven’t seen anything rise in price around here,maybe we can get back to manufacturing something here even if it cost more,seems like everything made in china is inferior to amercan made products,I purchased a new computer made in china of course about a year ago,and it a piece of crap.the farmers are still growing corn, soybeans and other produce items and doing well,so what is the complaint.maybe Tony just likes to gripe about Trump.
Businesses have been moving out of China for over 10 years now, most relocating in Africa, any where there is an abundant supply of cheap labor. Do not hold you b reath until those compnies come back to some of the highest labor costs in the entire World.
Keep up the great work President Trump! The best President ever! Not to mention the first lady she’s the best too! Now that America is great again, let’s keep it that way! Trump 2020!
In order to KEEP AMERICA GREAT, we must give President Trump and his Administration more Republican wins in all future elections. Remember this, ” a vote for a Democrat is a vote for Communism, it’s just as simple as that.” The American voters must never let the Socialists and the Communists to be voted into public office ever again. GO TRUMP ! GO PENCE ! KEEP AMERICA GREAT ! Sincerely, Martin Korab
Trump is Americas best friend unlike the last fella in the oval office.