Labor is the biggest cost in manufacturing. When you have a labor pool of 1 Billion plus, it’s not a problem.......... 😲🤑😱
I am pretty sure the Chinese have been making knives before anyone in the USA.
if we did not want our shores overflowing with foreign goods we would do a few simple things.
if we did not want geographically displaced persons crossing our borders we would do a few simple things.
As those jobs are replaced by robots it will become moot. You can locate in whatever country has the lowest taxes and other peripheral costs.
I hate to burst your bubble, but the biggest cost to American manufacturing is not labor...
It’s government regulations and beurocracy....
LOL. No it is not at all. Building cars is very labor intensive and the labor using US UNION workers is 8% per vehicle. Stop the BS.