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I'm not sure how that is a simple solution.
lol indeed.
Uh... yeah, real simple.
Ah yes, let’s wave our hands and sprinkle some fairy dust to make that happen.
It is much more simple that insisting to still invest in China. It will also help bring more jobs to USA and see more made in USA products with better quality too. I think that was also the goal of Pres Trump to bring back jobs to USA by charging tariffs to other countries especially China. China was not fair in there trade, the free trade policies have not been fair and even other countries greatly suffer to unfair tariffs impose by China to imports while there pricing of Chinese products continues to be cheap and foreign companies to continues to invest to China while other countries suffer from lack of investment and fair trade.
You know how long that takes, right? Its absolutely not a simple solution.
It is possible and it will not take that long, example last covid19 era, Japan migrated some of its business away form China to Vietnam and other Asian countries.
it's too expensive but then also tariffs on the way of inventory to eu
isnt that the same thing? higher wages = higher cost
It is possible within the 4 years of Pres Trump administration. Japan did that to China to some of its business and move them away from China last Covid19 era.
It's a bit of a gamble just to bring back jobs and attract investment to USA but I think economist will know that to do like tax cuts, incentives, mass production ,etc, will help. It is much better than doing nothing and staying on status quo WTO which has not been fair, and which does not create investment and jobs to USA.
That is neither simple nor a solution lol.
What's not fair about the status quo? The fact that somebody else in the world does it cheaper?
better solution lie in the bed you made, and cough up 1k for consoles and 3k for gpu's lol
"IT'S IN THE NAME"
It is actually a gamble but better than doing nothing and just staying with the same old WTO free trade which had not created many jobs to USA and created a big trade gap especially against China. WTO free trade has not been helpful even to poorer countries either. Economist will know what do to to control prices and its possible tax cuts and incentives and resources will be given to companies who will build factories in USA and also other poor countries who are great neglected will now receive more foreign investments and jobs. China has been so unfair when it comes to pricing, tariffs and trade.
I am not saying it’s not a long term strategy, but it’s much harder to do than one would think.
Simple solution with command & conquer build base.
You can quote me on this, within 4 years , "prices will not sky rocket,." Tax cuts, incentives and easier access to resources and raw materials for companies investing within USA territories will help stabilize prices. This carefully planned, studied, and they know what to do since election campaign. Pres. Trump is a polarizing figure and not perfect but he is a business man with allot of success in the past. And investment to non China countries like Vietnam, Thailand, Philippines, etc. will also help to lower the cost along with helping this more poorer countries recover.
No it's a strategic play, they clearly see a fair bit of risk in their current supply chain. Looks very much like they want to bring the core competitive advantage components closer to home.
I remember the Tim Cook interview saying that NONE of that would ever come back to America.
I'm not sure I follow, subsidise what with state aid? Why don't the US and other countries then get around it the same way with private banks that operate in those countries in the same way? I suspect it boils down to the fact that they can't compete on raw materials and cheap labour more than anything else.
Oh the american way, oblivious to the realities of monetary costs and benefits of Chinese almost-like-slave labor, lmao
