Over the past few years, the price of steel has skyrocketed due to competition in demand from Chine. Now we are getting stuff dumped on us for cut rate prices.
What if there was no Walmart? What if the huge conduit of goods from China to the US was owned lock stock and barrel by the chinese?
What will happen in the future if Walmart is thwarted by US government regulations and the international trade machine with China is owned solely by Taiwan and mainland China? The profits that we complain about made by Walmart will be dwarfed by the profits of a chinese owned mega-corporation.
If China takes control of marketing to the US you can kiss our sovereignty good bye.
I'd rather pay Farberware for stuff made in China rather than a chinese company.
What if monkeys could fly? A lot of bad logic and ignorance of basic economics in all your "what ifing".