This is just one of the growing companies setting up shop elsewhere to escape the US-China trade war.
  • Bieren
    11·
    2 months ago

    I was told the factories would be coming back to the US.

    • No_Ones_Slick_Like_Gaston
      1·
      2 months ago

      Obviously if they come there are no tariffs!

      Only for the sourced parts, or commodities, or services, or anything else that a globally integrated economy would do.

    • Alphane MoonOPMEnglish
      8·
      2 months ago

      I think it’s reasonable to speculate that additional tariffs will be implemented by the current US admin (I am assuming EU will be next).

    • ☂️-@lemmy.ml
      1·
      2 months ago

      their main objective seem to be hurt china. keeping it in india, seeing as they are allies with the us somewhat and a bit reluctant with china, seems like something theyd wanna do for now.

      • typhoon
        2·
        2 months ago

        I’d not bet on that. BRICS countries are all going to have some sort of impacts.

        • ☂️-@lemmy.ml
          3·
          2 months ago

          my country is part of BRICS and we are treading the fine line between neoliberalism and fascism. we were just forced by the US to impose 100% tax on chinese goods. just like that.

          BRICS is good and I hope it goes well, but it needs to be able to replace the dollar and cut dependency on the US already so they cant force us to do shit.