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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Replying to @andersostlund
Will those goods be as expensive in the US then as they are in Sweeden now ?
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Replying to @downgerd
Goods have become much cheaper in Sweden too. We are (almost) all for free trade you know.
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Replying to @andersostlund
Any Trump levies would impact on Volvo & might encourage US manufacturers -yes ?
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Replying to @downgerd
Sure would but don't forget Volvo is a Chinese company now...)
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Replying to @andersostlund
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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Replying to @downgerd
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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Replying to @andersostlund
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.
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