China makes most computers, steel,electronics , etc. in the world far more in these items than the U.S. . In the U.S. not hardly any TVS etc
http://www.ibtimes.com/china-manufacturing-10-things-chinese-make-more-anyone-else-world-infographic-1369727
Posted on 11/29/2016 3:29:25 AM PST by expat_panama
President-Elect Donald Trump has released an ambitious to-do list. His plans for cutting individual and corporate taxes, for repealing and replacing ObamaCare, and for regulatory reform all hold great promise. But his threat to dismantle the North American Free Trade Agreement (NAFTA)...
...remember the tremendous benefits of trade, particularly through NAFTA. About one-third of all U.S. merchandise exports are bought by Mexico and Canada, and exports from our service industries and from the agriculture sector have risen dramatically under the agreement.
Thanks to imports, American families effectively stretch their pay check...
...imposition of tariffs punishes all American consumers, and businesses that use cheap imports as raw material in the things they make. The reward for tariffs goes to a select few in a certain politically connected industry that is being protected. It's cronyism that hurts...
...studies by the U.S. International Trade Commission and the Congressional Budget Office find an economic consensus that our trade agreements have produced lower prices, significant national gains in gross domestic product, jobs, and wages...
...exploiting ambiguities in the current web of U.S. trade laws to enact the president's trade priorities by executive fiat could engender opposition from Congress, the U.S. business community and U.S. trading partners, thus leading to court challenges...
...uncertainty surrounding the trade challenges would imperil trillions of dollars worth of goods and services, especially if the courts refused to enjoin the executive branch from acting while any such litigation is pending.
There is a better way. Congress should act quickly to clarify ambiguities in U.S. trade law...
...The alternative could be not only economic catastrophe, but also a potential constitutional crisis.
(Excerpt) Read more at investors.com ...
China makes most computers, steel,electronics , etc. in the world far more in these items than the U.S. . In the U.S. not hardly any TVS etc
http://www.ibtimes.com/china-manufacturing-10-things-chinese-make-more-anyone-else-world-infographic-1369727
“Ridiculous spin of statistics parroting liberal media lies.”
What is in my post that is a lie? We still manufacture many products that are high-value, using relatively capital-intensive processes. We could (and do) make shoes here, but most shoes that are sold here are relatively low-value, labor intensive items. Same with shirts, as another example. We could impose a steep tariff on imported shoes or shirts, and make more of them here. But shoes or shirts that we are accustomed to paying $75 for would then cost $100 or more.
The same is true for personal computers, TVs, smartphones, etc. Final assembly is relatively labor-intensive, which would make the total cost of production here substantially higher than it is in China and Mexico.
I agree with those who say that we need to maintain a manufacturing base for critical components used in defense-related production. I’m not in favor of out-sourcing nuclear submarines or air-superiority fighters. But that’s not an argument for tariffs on textiles or coal. Let’s reduce overly burdensome and ineffective regulations on domestic producers to help level the playing field in international trade. Then let the chips fall where they may.
If you think there is a $40.00 difference between a 3rd world made toaster and a domestic made toaster I got news for you. The difference is really maybe a dollar per taster. The “Captains of Industry” are destroying our manufacturing sector for pennies on the dollar.
They can build a car plant in Mexico in 6 month, they can do the same in Alabama.
Really? I have very little trouble finding the country of origin label on packaged products.
Bologna. There is probably less than one-man hour labor to build a flat screen TV. Heck a passenger car the labor is 30 man-hours.
Read closer.
There are plenty of “packaged at”, “distributed by” and fewer “produced by/manufactured by/grown at”.
I read very carefully.I know the difference between "made in" or "produce of", and "designed in", "packaged in" etc.
“There is probably less than one-man hour labor to build a flat screen TV. Heck a passenger car the labor is 30 man-hours.”
Even with your estimate of one man hour per flat screen TV, the typical TV is, relative to value, more labor intensive than an automobile. You can but a very nice 40-inch flat screen TV for less than $300. (We just did, two months ago.) I don’t think you can buy a very nice compact car for less than $9,000 (30 x $300). What matters in determining where things are made (apart from transportation cost) is labor content per value created.
Where do you live? Are you not still in Germany? What exactly do you do in Germany?
One man-hour in Mexico is $3.00. One man-hour in the USA is 30.00. I would pay $27.00 more per TV for made in the USA. Less than a 10% difference.
“I would pay $27.00 more per TV for made in the USA.”
If enough people agreed with you, then TVs would be made here in the US. I have often said, quoting the great philosopher Pogo, “We have met the enemy and it is us.”
A 20% would take away the choice.
It is not just knowing the country of origin, it is having the choice of countries to purchase from - particularly with food. But the supplier will not make it easy and I believe it is because they know USA products sell better.
For example, my local grocer sold tomatoes from USA and Mexico. The USA tomatoes disappeared quickly, while the Mexican tomatoes practically rotted in the store. (same with other origin marked produce).
Then the grocer put them all in one bin, but kept the origin stickers on the individual tomatoes. The USA tomatoes still out sold the Mexican tomatoes. Now the stickers are gone and they are in a common bin with a sign on the front “Product of USA and Mexico”
Additionally, I don't care where a product is “packaged” I care where it originated. There is no choice when subterfuge is used to trick the consumer into buying foreign products of any kind.
We buy our produce at one of the local farmers’ markets when in season. It’s true that many tomatoes in some grocery stores are from Mexico. Mrs riverdawg will not buy tomatoes from a common bin like you described. Any grocer that uses subterfuge to hide or misrepresent country of origin loses mrs riverdawg as a customer. Fortunately, we have a large number of sources for our produce and other groceries, but I know that many people don’t.
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