Wonder what Trump supporters will say when goods they buy at Walmart will be three times as expensive after increased tariffs against China?
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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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