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The trade war is pushing business out of China, but not into America

TU Curmudgeon

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From CNN

The trade war is pushing business out of China, but not into America

Hong Kong (CNN Business)US tariffs are prompting companies to movesomeproduction out of China, but it's not going where President Donald Trump would prefer.

The trade war has made more than $250 billion of Chinese exports more expensive for Americans — from leather belts to refrigerators to motorcycles. The disruption to the world's biggest trading relationship has electronics manufacturers, industrial machinery makers and fashion brands working on shifting some of their assembly lines.

"We are flooded by inquiries," said William Ma, group managing director of Kerry Logistics, a Hong Kong-based firm that helps companies around the world manage their supply chains. "It all happens after the trade war."

Many firms are keeping much of their operations in China, which offers a giant domestic market and advantages that businesses struggle to find elsewhere. But those that are moving aren't flocking to the United States. Instead, they're looking to transfer work to other Asian countries.

COMMENT:-

Changing "the opposition" from a single target into many targets doesn't appear to me to be very productive.

Maybe "MAGA" stands for "Make Asia Great Again".
 

Hawkeye10

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From CNN

The trade war is pushing business out of China, but not into America

Hong Kong (CNN Business)US tariffs are prompting companies to movesomeproduction out of China, but it's not going where President Donald Trump would prefer.

The trade war has made more than $250 billion of Chinese exports more expensive for Americans — from leather belts to refrigerators to motorcycles. The disruption to the world's biggest trading relationship has electronics manufacturers, industrial machinery makers and fashion brands working on shifting some of their assembly lines.

"We are flooded by inquiries," said William Ma, group managing director of Kerry Logistics, a Hong Kong-based firm that helps companies around the world manage their supply chains. "It all happens after the trade war."

Many firms are keeping much of their operations in China, which offers a giant domestic market and advantages that businesses struggle to find elsewhere. But those that are moving aren't flocking to the United States. Instead, they're looking to transfer work to other Asian countries.

COMMENT:-

Changing "the opposition" from a single target into many targets doesn't appear to me to be very productive.

Maybe "MAGA" stands for "Make Asia Great Again".

Making America Strong Again is only part of the point, the other is weakening China....Trump has moved the ball far in both.
 

Ikari

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From CNN

The trade war is pushing business out of China, but not into America

Hong Kong (CNN Business)US tariffs are prompting companies to movesomeproduction out of China, but it's not going where President Donald Trump would prefer.

The trade war has made more than $250 billion of Chinese exports more expensive for Americans — from leather belts to refrigerators to motorcycles. The disruption to the world's biggest trading relationship has electronics manufacturers, industrial machinery makers and fashion brands working on shifting some of their assembly lines.

"We are flooded by inquiries," said William Ma, group managing director of Kerry Logistics, a Hong Kong-based firm that helps companies around the world manage their supply chains. "It all happens after the trade war."

Many firms are keeping much of their operations in China, which offers a giant domestic market and advantages that businesses struggle to find elsewhere. But those that are moving aren't flocking to the United States. Instead, they're looking to transfer work to other Asian countries.

COMMENT:-

Changing "the opposition" from a single target into many targets doesn't appear to me to be very productive.

Maybe "MAGA" stands for "Make Asia Great Again".

The trade war was never going to return manufacturing to America, that's stupid. It will crush small businesses relying on imports of things such as steel, but it's not going to bring manufacturing here. Corporations will look at places like India, Vietnam, etc. to push manufacturing to. The trade war will benefit the very large corporations that can weather the tariffs and have ability to shift production sites, which in the end may actually be the goal. But it won't bring manufacturing back to America and it will hurt small businesses relying on imports.
 

TU Curmudgeon

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Making America Strong Again is only part of the point, the other is weakening China....Trump has moved the ball far in both.

I can tell the difference between "fact" and "opinion". Can you?
 

TU Curmudgeon

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The trade war was never going to return manufacturing to America, that's stupid. It will crush small businesses relying on imports of things such as steel, but it's not going to bring manufacturing here. Corporations will look at places like India, Vietnam, etc. to push manufacturing to. The trade war will benefit the very large corporations that can weather the tariffs and have ability to shift production sites, which in the end may actually be the goal. But it won't bring manufacturing back to America and it will hurt small businesses relying on imports.

Measured in "Dollars contributed to political party per capita" you can see where the emphasis lies, can't you?
 

Ikari

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Measured in "Dollars contributed to political party per capita" you can see where the emphasis lies, can't you?

The emphasis has always been controlled by corporate interests, for quite some time. Trump is no different. I always said that I didn't trust Corporate Clinton because she is controlled by corporate interests, but Trump is those corporate interests. He was never an outsider. He's just the status quo without brakes.
 

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lose-lose is the new win in Trump's America
 

JANFU

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From CNN

The trade war is pushing business out of China, but not into America

Hong Kong (CNN Business)US tariffs are prompting companies to movesomeproduction out of China, but it's not going where President Donald Trump would prefer.

The trade war has made more than $250 billion of Chinese exports more expensive for Americans — from leather belts to refrigerators to motorcycles. The disruption to the world's biggest trading relationship has electronics manufacturers, industrial machinery makers and fashion brands working on shifting some of their assembly lines.

"We are flooded by inquiries," said William Ma, group managing director of Kerry Logistics, a Hong Kong-based firm that helps companies around the world manage their supply chains. "It all happens after the trade war."

Many firms are keeping much of their operations in China, which offers a giant domestic market and advantages that businesses struggle to find elsewhere. But those that are moving aren't flocking to the United States. Instead, they're looking to transfer work to other Asian countries.

COMMENT:-

Changing "the opposition" from a single target into many targets doesn't appear to me to be very productive.

Maybe "MAGA" stands for "Make Asia Great Again".

Many lower end product producing companies have been moving out of China for the past 10 years. Labor increases and tax increases
 

Hawkeye10

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This is unsurprising. The author appears to assume the entire purpose of the tariffs is to bring all of those businesses back to the US. That's incorrect. We could cut our corporate tax rate to nothing and still not compensate for labor costs in Asia, concurrently raise tariffs even higher, and still not be viewed as sufficiently competitive and profitable to many of the businesses mentioned. From a larger perspective, the effort is to slow down China's economy and the subsequent hegemony that economy funds. Their loss doesn't not necessarily have to be our gain in every instance. A 6% gain isn't bad for starters, either. A little patience is required.
 
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