Exactly. US manufacturing will have to gut wages in order to compete. Hope they enjoy their $12/ dozen eggs. After rent and insurance and petrol, they may not even be able to afford those imported Chinese goods either. Outside of the US bubble though…
the kicker will be when new-from-China plus 100% tariff is still cheaper than American made …
Exactly. US manufacturing will have to gut wages in order to compete. Hope they enjoy their $12/ dozen eggs. After rent and insurance and petrol, they may not even be able to afford those imported Chinese goods either. Outside of the US bubble though…