California 1 - Kansas 0

tsuke said:
look at thier exports. 2 of their top 10 are shoes and toys. Do you think they have a monopoly on that? The rest are in the same category.
Click to expand...


You think that proves your "guarantee"? :)

Is it really trade deals that have caused manufacturing jobs to disappear? Or is it just the predilection of companies to go where labor is the cheapest.

reversing trade policy won’t bring jobs to America if there are other places in the world where goods can be made with cheaper labor.

Unless politicians want to ask Americans to work for a few dollars a day, which is the going rate in many developing countries, those aren’t jobs that would create middle-class wages.

Look at the textile industry, which thrived in America until it went overseas, decimating towns across the South that have yet to recover.

In the early days of America, textiles were produced in the Northeast, in towns like Lowell, Massachusetts.

When those workers unionized and demanded higher wages and better working conditions, textile factories moved to the South, where employers could pay people less.

When labor became more expensive in the U.S., companies moved work to Mexico, then to Korea, then to China, then to Vietnam.

This has little to do with tariffs or with NAFTA—the U.S. doesn’t have a bilateral trade agreement with Vietnam, but companies still make things there and sell them here.

They do that because the standard-of-living is lower in developing countries, and workers are willing to work for lower wages.

Tariffs on textiles are actually among the highest that still exist.

Companies still make clothing and shoes overseas because it requires a lot of labor to do so, and labor is much cheaper outside the United States.

Putting a 45-percent tariff on goods from China, or a 35-percent tariff on goods from Mexico, as Trump has proposed, wouldn’t stop companies from moving production somewhere cheaper.

Even with those tariffs, the production wouldn’t move back to the U.S. It would move to the next least costly country; Indonesia, Vietnam, wherever. It would be nearly impossible to put large tariffs on imported goods from every country that Americans buy things from. For starters, changing tariffs requires an act of Congress.



http://www.theatlantic.com/business/archive/2016/06/could-the-us-really-gut-its-trade-deals/489476/
 
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