develop our factory base and our sourcing capability in alternative countries, like Cambodia, Vietnam, Mexico, Brazil, etc."
From the same article:
Trump has proposed a 60% tax on imports from China, plus a universal tariff of 10%-20% on imports from all foreign countries.
So those goods still get a tariff, probably raising prices for the American consumer, just not as steep as from China. I thought the primary goal of the tariff was to move production back to America (which is a whole thing and not as simple as flipping a switch), which this does not do…and it wasn’t necessarily to try to limit China’s economy,which it probably doesn’t even put a dent in.
“Crazy concept, but we’re going to start only paying you for results (aka winning) and not just “effort,” or lack thereof.”