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Earlier quoted context omitted.
Forcing China to become more independent of exports to the US also means China will care less about being in the good graces of the US. It cuts both ways.
Except for the whole military superpower thing. The US is actually in a somewhat unique situation compared to other countries.
The moment is threatened Canada , Denmark sovereignty and EU/NATO, countries are planning for life without US
>The second thing we see is that Asian manufacturing in Asia produces US jobs. You go to Footlocker to buy a pair of $100 shoes because you can afford them. This creates jobs for the Footlocker employees, Nike designers, marketing teams, and other US people throughout this chain. In all fairness, most of those jobs would still exist if manufacturing was brought onshore. The fact that they were manufactured in Asia ma…
Free-trade brings into being products that previously would not have existed (Nike trainers for the masses).
>The second thing we see is that Asian manufacturing in Asia produces US jobs. You go to Footlocker to buy a pair of $100 shoes because you can afford them. This creates jobs for the Footlocker employees, Nike designers, marketing teams, and other US people throughout this chain. In all fairness, most of those jobs would still exist if manufacturing was brought onshore. The fact that they were manufactured in Asia ma…
Yes, if you waved a magic wand.
But considering bringing manufacturing onshore to replace Asian manufacturing will take at best years if not decades, no, those jobs will not still exist.
Earlier quoted context omitted.
I saw a video today on Instagram (from Tiktok), AI generated of course, where rows and rows of people sit at sewing machines sewing shirts, but instead of the typical Asians one commonly expects to see, they're all overweight American-looking people...
Apparently China propaganda making fun of the US.
Earlier quoted context omitted.
Forcing China to become more independent of exports to the US also means China will care less about being in the good graces of the US. It cuts both ways.
Except for the whole military superpower thing. The US is actually in a somewhat unique situation compared to other countries.
Earlier quoted context omitted.
The author’s point is that the lower cost of goods coming from Asia results in increased demand, which then generates more jobs in the post-manufacturing part of the chain.
That completely discounts the strategic value of self-sufficiency. I mean, why not outsource ALL manufacturing and agriculture if someone else can do it cheaper? Surely that wouldn't come back to bite us, right?
Earlier quoted context omitted.
The author’s point is that the lower cost of goods coming from Asia results in increased demand, which then generates more jobs in the post-manufacturing part of the chain.
That completely discounts the strategic value of self-sufficiency. I mean, why not outsource ALL manufacturing and agriculture if someone else can do it cheaper? Surely that wouldn't come back to bite us, right?
Earlier quoted context omitted.
I think you're missing that the bigger value is having the manufacturing on your home soil instead of depending on being in the good graces of China.
Forcing China to become more independent of exports to the US also means China will care less about being in the good graces of the US. It cuts both ways.
In other words, not much would be lost except the devious lip service.