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Most analysts predict prices of goods would skyrocket. For example Apple's marquee iPhone 6S is approximately $650 -- would you be willing to pay for the phone if it was $1,300? Or more? $1,300-yes, $2000 or more not so sure.
How does Trump force Google to move the production of I-Phones back to the US, does he wave a wand and click his heels. I thought he was a free market guy.
Assuming he could, how does Apple compete with Samsung.
Most analysts predict prices of goods would skyrocket. For example Apple's marquee iPhone 6S is approximately $650 -- would you be willing to pay for the phone if it was $1,300? Or more? $1,300-yes, $2000 or more not so sure.
No.
There should be no restriction on where products are made. Get government out of the way and let the free market determine the most productive place to make products.
Are there not frequent liberal memes about gladly paying 30% additional for fast food in order to support the $15/hr living wage. Why is that good and this bad.
Most analysts predict prices of goods would skyrocket. For example Apple's marquee iPhone 6S is approximately $650 -- would you be willing to pay for the phone if it was $1,300? Or more? $1,300-yes, $2000 or more not so sure.
Most analysts predict prices of goods would skyrocket. For example Apple's marquee iPhone 6S is approximately $650 -- would you be willing to pay for the phone if it was $1,300? Or more? $1,300-yes, $2000 or more not so sure.
Do want you want to pay people to make Redwing boots a decent living that can then afford $300 boots or one person a low wage to stock the shelves at Wally World with Chinese made boots?
Quote:
Originally Posted by Goodnight
How does Trump force Google to move the production of I-Phones back to the US, does he wave a wand and click his heels. I thought he was a free market guy.
This is anything but the free market, Chinese companies with state backing will focus on core industries and materials and dump product on the market. Steel, tires, building materials, solar panels, and rare earth elements just to name a few. This is a long term economic strategy to monopolize the markets.
To that you can add non existent labor laws, little to no environmental regulation and manipulation of their currency.
I don't have a link for a source. Mainly listening to economic analysts on cable.
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