From the article you linked to.
But Trump may have also just been in the right place at the right time. China became less attractive as its wages and prices have increased. The rise of e-commerce has meant that some companies have returned to the United States to be closer to customers, who expect quick deliveries.
Moreover, there are other metrics that are not as positive. A.T. Kearney’s fourth annual U.S. Reshoring Index, released in July 2018, presents a different picture: record imports from traditional offshoring countries in 2017 — a sharp reversal of the glimmers of hope seen in 2016. The Reshoring Index, unlike the Reshoring Initiative, does not count foreign direct investment or partial job shifts. So it focuses much more on actual moves by entire companies.
“The 2017 Reshoring Index shows that reshoring continues to be a drop in the bucket, and US manufacturers are not exactly coming back in droves,” the July report said. “Although 2017 was a strong year for US manufacturing, both imports and domestic gross output of manufactured goods grew at rates that have not been matched since 2011.”
Scott Paul, president of the Alliance for American Manufacturing, told CNN that “it’s still a two-way street. We still have manufacturing that is leaving the US, but you also see some reshoring.” CNN cited a survey of 800 manufacturers conducted in mid-October by IHS Markit, in which respondents on average said the new U.S. tariffs and escalating trade war would make them slightly more likely to move production overseas over the next two years.
While the numbers are not yet complete, Moser said job announcements in 2018 will amount to about 130,000, off the 2017 pace by nearly 25 percent but still higher than in 2016. He attributed the slowdown to the trade disputes engineered by Trump, as well as dysfunction in Washington, along with a rise in the value of the U.S. dollar.
One Pinocchio
LWW wrote:
I know this hard for you, but be honest.
From said article:
Last year saw companies actively rethinking their supply chain, either convincing their Chinese partners to relocate to southeast Asia to avoid tariffs, or by opting out of sourcing from China altogether.
The main beneficiaries of this are the smaller southeast Asian nations, led by Vietnam. And thanks to the passing of the U.S. Mexico Canada Agreement, Mexico, for all its problems with drug cartels, has become a favorite spot for sourcing.
Of the $31 billion in U.S. imports that shifted away from China, some 46% was absorbed by Vietnam, sometimes by the same Chinese suppliers who left the mainland. Vietnam exported an additional $14 billion worth of manufactured goods to the U.S. in 2019 versus 2018 as a result of that shift.
Mexico is the China of the Americas.
Cykdelic
Loc: Now outside of Chiraq & Santa Fe, NM
LWW wrote:
You really should look into an internet that uses ... (
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It’s like talking to Lennie Small, ain’t it?
Cykdelic
Loc: Now outside of Chiraq & Santa Fe, NM
LWW wrote:
And I know Rachel forbids you such knowledge, but the Trump trade policy is quite similar to the Reagan nuclear policy or 'ZERO OPTION' where the USSR got to decide the number of nukes the US deployed ... solely based on their deployments.
LA MALBAIE, Quebec — President Donald Trump on Friday floated the idea of ending all tariffs and trade barriers between the U.S. and its G-7 allies — an unexpected pitch that comes amid a tit-for-tat trade war Trump recently launched.
Trump offered the aspirational proposal at the end of a contentious meeting on trade disputes at the G-7 summit in Quebec, an annual gathering of the leaders from seven major industrialized nations. During the private gathering, Europe’s major economic powers pushed back hard against Trump’s repeated assertions that the U.S. is a victim of unfair trade practices.https://www.politico.com/story/2018/06/08/trumps-g7-tariffs-trade-611888?utm_source=newsletter&utm_medium=email&utm_campaign=newsletter_axiosam&stream=topWhen will you ever learn ... El Dubya doesn't bluff.
And I know Rachel forbids you such knowledge, but ... (
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I guess he’s not aware of Ford, GM, Lockheed, Carrier, Hyundai.....
Here.....we’ll try a picture as the <69 IQ Clubbers can follow them better, especially when they are in color!
DennyT wrote:
Was I talking to you ?
LOL, get used to him. He's like a little trash can...if he remotely thinks someone is stepping on his toes, his mouth opens.
btbg wrote:
So, you don't think that our trade deficit with China was a problem that needs to be addressed? How about the unfair trade practices that China engages in? Or the corporate espionage? In case you didn't know the FBI opens a case about Chinese espionage on average once ever 10 hours. For eight years the Obama administration ignored what China has been doing. Before that the Bush admin did the same thing. Trump finally tries to address China and somehow he's the bad guy.
Of course it won't be over before the next election. That's why China is trying so hard to get Biden elected. Otherwise they know that Trump is going to continue to work to level the playing field.
So, you don't think that our trade deficit with Ch... (
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So even the Chinese are smarter than Repukes.
LWW
Loc: Banana Republic of America
Cykdelic wrote:
It’s like talking to Lennie Small, ain’t it?
Actually, we have a dog that could hold its own with many of them.
Our neighbor’s macaw ... named Saddam ... would embarrass them.
LWW
Loc: Banana Republic of America
DennyT wrote:
Was I talking to you ?
It’s a public forum troll boy.
LWW
Loc: Banana Republic of America
Cykdelic wrote:
You CAN’T be that dull!
In fairness to the Bidets, I asked them for more D lies to be slain and they took it as a request rather than a joke.
LWW wrote:
In fairness to the Bidets, I asked them for more D lies to be slain and they took it as a request rather than a joke.
Anyone notice that there is a direct correlation between Trumps drop in support and the frequency of LWWs nonsensical posting. Almost like he wants you to talk about anything except trumps failures.
Look at the four postings above this one. Just pure nonsense.
LWW
Loc: Banana Republic of America
mjmoore17 wrote:
Anyone notice that there is a direct correlation between Trumps drop in support and the frequency of LWWs nonsensical posting. Almost like he wants you to talk about anything except trumps failures.
Look at the four postings above this one. Just pure nonsense.
Again, I apologize ... but a man of my intellect and education finds it difficult to stupid things down to your amoebic level.
mjmoore17 wrote:
Anyone notice that there is a direct correlation between Trumps drop in support and the frequency of LWWs nonsensical posting. Almost like he wants you to talk about anything except trumps failures.
Look at the four postings above this one. Just pure nonsense.
One would think that abject trolling would produce better results.
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