Anyone who thinks that a U.S. company can compete with China companies that pay their workers 50 cents an hour is not living in reality. Anything that is made in the U.S.A now will soon be made in China(it's just common sense: why pay a worker $20 an hour when you can pay them 50 cents an hour, who would do that?).
From this link not from me:
http://www.wisegeek.com/what-is-a-wholesale-price.htm
Whats somewhat ironic is that many of the things purchased at wholesale price from manufacturing companies outside the US are given considerable mark up. Slap a designer name on a T-shirt that cost a dollar at wholesale, and you can sell it for $30 US dollars (US) if not more. Did these things really cost that much more when they were sold at wholesale price?
From what I can tell, based on WalMart's Income Statement, they bought $335 billion worth of stuff and sold it for $447 billion. Even Nike only marked their $3.3 billion in purchases up to $5.85 billion.
Also, the idea that our entire $2.2 trillion in imports is consumer goods is ridiculous. How much is oil, the most obvious exception?
A little research would have stopped your silly claim, about imports comprising most of our purchases, from revealing your ignorance.
why pay a worker $20 an hour when you can pay them 50 cents an hour,
For some reason, American workers are among the most productive in the world, after you subtract out those who are really, really bad at math.