- 12 Apr 2018 21:56
#14905589
@One Degree
The iPhones are just an example. Furthermore, you have completely skewed my arguments. My argument is that tech and manufacturing companies will be unable to even function because a majority of the actual manufacturing for their products is done in China and their business model completely revolves around that. If China were to cut off trade with the US, these companies would lose billions in cash, have to completely restructure themselves, and would be unable to produce anything which may allow them to make a product. What are they going to do, rely on the American manufacturing industry? The term "American manufacturing industry" is a joke by itself. The America's industrial and manufacturing industry is dead. It require more than just a couple of tariffs on steel to revive it. Trump is unprepared for a trade war and hasn't implemented good enough policies to prepare America for a trade war.
The iPhones are just an example. Furthermore, you have completely skewed my arguments. My argument is that tech and manufacturing companies will be unable to even function because a majority of the actual manufacturing for their products is done in China and their business model completely revolves around that. If China were to cut off trade with the US, these companies would lose billions in cash, have to completely restructure themselves, and would be unable to produce anything which may allow them to make a product. What are they going to do, rely on the American manufacturing industry? The term "American manufacturing industry" is a joke by itself. The America's industrial and manufacturing industry is dead. It require more than just a couple of tariffs on steel to revive it. Trump is unprepared for a trade war and hasn't implemented good enough policies to prepare America for a trade war.