Sign up, and you can customize which countdowns you see. Sign up
Jul 11, 2019
3:55:25pm
Trent Walk-on
I overall think it's long-term the right thing to make manufacturing in China...

...less attractive even if by artificial means. Any agreement with China is likely to be violated anyway. They have serious ambitions and are not overall a friend of the US. Having done a lot there the negotiations are generally very one sided where they shoot for we win / you lose agreements. They slap a different label and ship your product out the back door into other markets. No respect for IP. High degree of corporate and international espionage.

I love my Chinese friends, but overall the US is better off having production in Thailand, Korea, Taiwan, Mexico, or some other country that plays more fair and doesn't have ambitions to displace us as the world's super power. The near-term gains of manufacturing cost savings are not worth the long-term pain on this front (in my opinion). We also know that much of the savings are through almost an indentured servent dynamic with their workers. 

We hoped positive relations and capitalism would lead to them becoming a great friend, but they are more like frienemies. Given their behavior, purely free trade to some extent turns into long-term hurting ourselves. So though I don't like tariff's as a protectionist measure for non-competitive industries or job functions, I am okay with them here if they lead to more companies locating their manufacturing in places (including back home) that are strategically better for the country.

There, I said my peace, how's your mom? (Bob Sugar, Jerry Maguire)

Trent
Bio page
Trent
Joined
Aug 27, 2015
Last login
Apr 19, 2024
Total posts
7,886 (963 FO)
Messages
Author
Time
7/11/19 2:30pm

Posting on CougarBoard

In order to post, you will need to either sign up or log in.