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US will pay for companies to bring supply chains home from China: Kudlow
Fox Business ^ | May 26 2020 | Jonathan Garber

Posted on 05/26/2020 11:54:57 AM PDT by knighthawk

The Trump administration is willing to pay for U.S. companies to uproot their supply chains and bring them home from China, according to the president's top economic adviser.

The COVID-19 pandemic has caused supply chain disruptions and elevated concerns the U.S. has become too reliant on production in Asia, and specifically China, for goods and key technologies.

China is the world's largest producer of personal protective equipment, including masks, test kits and more that is needed to control the spread of COVID-19, which was first identified in Wuhan, China, and has infected more than 5.5 million people worldwide.

(Excerpt) Read more at foxbusiness.com ...


TOPICS: News/Current Events
KEYWORDS: china; kudlow; manufacturing; trade
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1 posted on 05/26/2020 11:54:57 AM PDT by knighthawk
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To: knighthawk

Other countries are doing the same.

BRING BACK OUR MED SUPPLIES - AND OTHER - MFTG FROM CHI-NAH!!!

Now!


2 posted on 05/26/2020 11:57:45 AM PDT by Jane Long (Praise God, from whom ALL blessings flow.)
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To: knighthawk

Dear China:
You wanted to play stupid games.

Here is your stupid prize.

No need to thank us


3 posted on 05/26/2020 11:59:14 AM PDT by Vendome (I've Gotta Be Me https://youtu.be/wH-pk2vZG2M)
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To: Vendome

Yup


4 posted on 05/26/2020 12:04:33 PM PDT by BlackAdderess
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To: knighthawk

And if China refuses to let them do this?


5 posted on 05/26/2020 12:08:15 PM PDT by FES0844
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To: FES0844

China has no say in this.

The onus is upon the Administration and us.


6 posted on 05/26/2020 12:11:41 PM PDT by Pox (Eff You China. Buy American!)
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To: knighthawk

Didn’t we do something similar, and the corporations used the money to relocate to Mexico and other places?


7 posted on 05/26/2020 12:13:42 PM PDT by sockmonkey (Conservative. Not a Neocon.)
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To: knighthawk
all talk no action!!

China just announced 1.4 trillion dollar additional investment on R&D from government during next 4 years!
If we dont do sth big immediately China will dominate the world at 2025!!

There is no time now!!!

We need at least 2 to 3 trillion dollar to bring manufacturing back immediately!!!

8 posted on 05/26/2020 12:18:26 PM PDT by MuellerStormy
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To: FES0844

Let them do what?


9 posted on 05/26/2020 12:22:14 PM PDT by gogeo (It isn't just time to open America up again: It's time to be America again.)
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To: sockmonkey

Simply say that if you wish to market in the US, 60% of your manufacturing/production must occur in the US. The other 40% can happen wherever you want, including China.


10 posted on 05/26/2020 12:31:06 PM PDT by davius (hh)
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To: Jane Long

Yell much? For weeks, Trump’s people have said pharma mfg is returning home.


11 posted on 05/26/2020 12:34:58 PM PDT by Cobra64 (Common sense isnÂ’t common anymore.)
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To: FES0844

We nationalize their assets here.


12 posted on 05/26/2020 12:35:29 PM PDT by Cobra64 (Common sense isnÂ’t common anymore.)
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To: Cobra64

Looks like Free Traitors are still defending Communist China. Tsk. Bring all manufacturing back to the US from Communist China.

American jobs for Americans.


13 posted on 05/26/2020 12:40:01 PM PDT by Starcitizen (Communist China needs to be treated like the pariah country it is. Send it back to 1971)
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To: Starcitizen

Yup, I agree. “Made in America by Americans” should be on everything we buy and sell. Screw the foreigners, especially China.


14 posted on 05/26/2020 12:42:52 PM PDT by Cobra64 (Common sense isnÂ’t common anymore.)
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To: knighthawk

I’m sure the Chinese will run to the G-7 and complain about “unfair trade practices” over this little announcement. Oh well? Time to start re-building the Cold War trade blocs, I guess?


15 posted on 05/26/2020 12:53:37 PM PDT by Tallguy (Facts be d@mned! The narrative must be protected at all costs!))
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To: knighthawk

Why should we. Just tell them they are blacklisted for all US Sales and imports! They left to save money. Happy saving!


16 posted on 05/26/2020 1:07:40 PM PDT by Bommer (I'm a MAGA-Deplorian! It is the way! It is the only way!)
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To: knighthawk

I moved to a condo last August. I needed a deep freeze because my fridge is small, hence a very small fridge freezer. Lowes, Home Depot, Best Buy...all out of Freezers. I found a small local appliance store that had freezers...at least according to their web page. I order it on Sunday. Today I get a call from the store that they have none in stock and will not until September. But, I can order a GE that will be available in June. the reason is that all compressors for all freezers are made in China. I can get the GE because ... China owns GE!


17 posted on 05/26/2020 1:21:35 PM PDT by mom4melody (,)
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To: sockmonkey

They wont get away with that shit with this President.He would blister their asses in the media and they would cower like the little bitches they are.


18 posted on 05/26/2020 1:22:50 PM PDT by HANG THE EXPENSE (Life's tough.It's tougher when you're stupid.)
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To: davius

Screw that.bring it all back.


19 posted on 05/26/2020 1:23:49 PM PDT by HANG THE EXPENSE (Life's tough.It's tougher when you're stupid.)
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To: Cobra64

If they do that to us then sure thing.


20 posted on 05/26/2020 1:24:40 PM PDT by HANG THE EXPENSE (Life's tough.It's tougher when you're stupid.)
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