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Interesting letter written to the NY Times on how Trump's trade war has affected one big company.....
Quote:
I oversee logistics & Customs for a division of a global high tech manufacturing company. We've cut both our freight and manufacturing jobs over the past year by moving more operations to Mexico. Why? Because of the Trump tariffs on products from China.
If we bring components into Mexico from China and then substantially transform the items into a final product, it is no longer a Chinese product; it's Mexican and duty free under NAFTA. Yes, there are many extra rules that the administration keeps adding to prevent this change in country of origin in manufacturing, but my team is very knowledgeable about every way we can reformulate the manufacturing process to take advantage of every exception.
Plus, we have very good attorneys who know the laws better than the administration, so we will keep staying one step ahead while also being compliant with the law. Tariffs are going to 30% on our products in mid-October, but we won't see any net increase in duties in N. America next year because we've planned well - and because the lower labor rates in Mexico are also adding to our savings. Ironically, the jobs we've been moving to Mexico are manufacturing jobs deeply red states where his supporters (and most of our former employees) still believe that the Trump tariffs are somehow good for the economy.
I think we Americans should just acknowledge that manufacturing is dead.
Now, obviously I don’t mean that there will be no more manufacturing. What I mean is that manufacturing has gone the way of agriculture: it is either highly automated or done by third world peasants. Like agriculture, manufacturing is no longer a source of living-wage employment for the first world masses.
There will still be some good paying jobs at companies that make manufacturing robots. After all, there are still some good paying jobs at John Deere and International Harvester. But agriculture and manufacturing are otherwise dead, at least as sources of mass employment.
I think we Americans should just acknowledge that manufacturing is dead.
Now, obviously I don’t mean that there will be no more manufacturing. What I mean is that manufacturing has gone the way of agriculture: it is either highly automated or done by third world peasants. Like agriculture, manufacturing is no longer a source of living-wage employment for the first world masses.
There will still be some good paying jobs at companies that make manufacturing robots. After all, there are still some good paying jobs at John Deere and International Harvester. But agriculture and manufacturing are otherwise dead, at least as sources of mass employment.
It’s not DEAD as in non-Existent I work in manufacturing myself and while they do pay decently enough and there are hours to be had it’s not like it once was. And it never will be again sadly
It’s not DEAD as in non-Existent I work in manufacturing myself and while they do pay decently enough and there are hours to be had it’s not like it once was. And it never will be again sadly
Ok, I will quote from the Princess Bride: manufacturing is mostly dead.
Trump not helping anyone who works paycheck to paycheck.
True, but neither are the Democrats. Both parties are corporate wh*res.
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