US President Donald Trump told world business leaders on Thursday to manufacture in the United States or face tariffs, in his first major speech to global leaders since returning to the White House this week. … “Come make your product in America and we will give you among the lowest taxes of any nation on earth,” Trump said today, speaking remotely to the World Economic Forum (WEF) in Davos, Switzerland.
“But if you don’t make your product in America, which is your prerogative, then very simply you will have to pay a tariff,” he added.
So, just out of curiosity, what do you propose Trump does to stop other countries, and their own companies, from ripping us off?
I don’t trust you to argue in good faith. So for those that would.
If you’re actually concerned about US production you’d lobby for subsidized labor to produce goods here. You’d lobby for stronger unions. If your lens is capitalism you need to outcompete your competition. And the current metric for that is labor costs and worker retention.
Look up FoxConn. See how we’ve outsourced suppressed wages and the model of the company store to China.