Well, if they move to countries with more fair trade practices than China, that's a win for America.
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I'd rather than jobs be in Vietnam than in China.
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Winning
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→ Common sense investors typically diversify portfolios to reduce risk. But western multinationals have—for decades now—been putting all of their *supply-chain* eggs in 1 basket—i.e. CCP ruled China. Thanks to
@POTUS Trump many companies are relocating.https://mobile.twitter.com/dcexaminer/status/1152285525379866625 …Thanks. Twitter will use this to make your timeline better. UndoUndo
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Where there’s a need for automated manufacturing, the jobs moving out of China could well return stateside. Where there’s a substantial amount of labor involved, our minimum wage will keep them overseas, since retailers need to offer pricing that consumers can afford. Simple.
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The point of the tariffs is to bring China to the negotiating table. China is stuck thinking they are negotiating with easy marks like Obama or Bush.
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