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Richard J Murphy
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Comments by "" (@shaunmiller7370) on "Trump’s tariffs are bad news for everyone" video.
But isn’t Trump going to leave Corp so he can up production in America. It’s all short-term gains in the end. America will go the way of most countries companies look for a low wage workforce. This is the main reason why manufacturing moves around the world because they’re all looking for the next low-wage economy to manufacture in and then sell it to their own country at a higher price so they take a bigger slice. That is how the economy is really
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Who wants to make America great that’s all this is about but he goes about it. In the wrong way. The American companies farmed out their production to bring down their costs to maximise their profits because labour outside of America is cheaper in some parts of the world, so he wants to just make some punitive taxation as you said Richard on imported goods, that’s not just going to hit the Americans that’s going to hit American companies
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China, exporting cheap steel all over the world they have to because of their economy. They need goods moving. They need money coming in. I’ve said it for years they have to build they have to do this. They have to do that in their own country and keep the bubble from bursting when they did lockdown. It became very close.
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