The other big box store had no choice, it was either match the China price (which no USA manufacturer could do, since labor/regulations costs are much higher in the USA) or go out of business. I don't blame walmart, I blame Bush1/Clinton/92 Congress for giving China permanent MFN status. Once China got permanent MFN status there was no stopping US manufactures from moving there in mass.
You can blame Walmart all you want. Customers have a choice. They chose the “junk” Walmart sells. If there was no demand for it Walmart would change or fail.
You can blame Walmart all you want. Customers have a choice. They chose the “junk” Walmart sells. If there was no demand for it Walmart would change or fail.
Sorry. Double post and wrong person. Epic fail on my part.
In China’s case, Congress agreed to permanent normal trade relations (PNTR) status in P.L. 106-286, President Clinton signed into law on October 10, 2000. PNTR paved the way for China’s accession to the WTO in December 2000; it provides U.S. exporters of agricultural products the opportunity to benefit from China’s WTO agreements to reduce trade barriers and open its agricultural markets.