Wonder what Trump supporters will say when goods they buy at Walmart will be three times as expensive after increased tariffs against China?
Goods have become much cheaper in Sweden too. We are (almost) all for free trade you know.
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Any Trump levies would impact on Volvo & might encourage US manufacturers -yes ?
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Sure would but don't forget Volvo is a Chinese company now...)
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Yes I know !! One of the impacts of free trade is the ownership of major assets also tends to become more mobile
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The Chinese paid good money for Volvo and decided it was cheaper to produce in China. Now Swedes have to do something else.
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Have they actually moved production already ? No contract clauses requiring manufacturing in Sweeden for a period ?
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It was sold in 2010 (before that Ford owned it). The decisions about moving a lot of the production was made only months ago.
End of conversation
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