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They can't sell their units at +35% premium. There are still plenty of domestic manufacturers. Carrier will be at a tremendous disadvantage. Same goes for Ford. A focus is only worth so much. Nobody is forced to pay more just because Ford is hit with tariff.
We don't have any laws mandating that US companies stay in the US and hire US workers.
What laws? Is there an OSHA in Mexico? Do they have EPA to breath on their necks? Unions? What is their health coverage like, if any? Medicare, Medicaid, SS, unemployment insurance, disability......? Want more?
Right. The fans, blowers and electrical parts come from China/India/Mexico
There are some things that the US just doesn't make anymore.
And even they buy parts from other companies like Emerson, Johnson Controls and Honeywell. Are they 100% US ?
Likes of Goodman still hire thousands here. Just because they might import sheet metal justifies shuttering their entire factory and moving out? I take 85% US vs. 100% Mexican.
The only way to know if it would be a good law would be to pass it.
I agree. We can't be paralyzed for fear of it not working. It is not working right now. Trump is the only person who is at least proposing something different. May be the world as we know it would end but I am still willing to try it.
You don't need "superior technology" to make AC parts.
You keep saying the same thing . Why would it be cheaper to relocate a factory and train foreign workers, only to have to ship it further away? What's the secret sauce? Why doesn't the out of work American just lower their wage?
Ricardo made the argument years ago that the cost to create British labor was the cost of "corn"(wheat) . Makes perfect sense to me that one would add up the expenses of the work force. He also explained the cost of corn.
I mean hell, all this free trade theory comes right out of Adam Smith and Ricardo in the first place. Why can't people read what else they said?
What laws? Is there an OSHA in Mexico? Do they have EPA to breath on their necks? Unions? What is their health coverage like, if any? Medicare, Medicaid, SS, unemployment insurance, disability......? Want more?
You make it sound like its the 1960s in Detroit. I don't think unions and expensive health coverage is a problem in Alabama.
Nor is our own EPA the only one breathing down anyone's necks:
What laws? Is there an OSHA in Mexico? Do they have EPA to breath on their necks? Unions? What is their health coverage like, if any? Medicare, Medicaid, SS, unemployment insurance, disability......? Want more?
People in other countries will pay $100 for a carrier and folks in the US will pay $800.
As less and less is made in the US the price of your goods will only increase.
you are assuming we can only buy from foreign countries.
there is more incentive to make the goods in the US when the price rises overseas.
that is good news for americans looking for jobs, and americans who are underemployed.
finally, we have a candidate who actually understands the PRIVATE SECTOR and its role in the economy.
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