Normal
Absolutely and the very reason the multinationals didn't want Trump in office, continuing making their product in China to maximise their profits, is far more attractive.Well now they have an option, GE etc can get their junk made in China and pay an import tax on it, or they can rebuild the factory they shutdown when they relocated their manufacturing to China.At the end of the day the U.S is still the biggest market, but it wont be unless they can halt the slide down the industrialisation scale and slow China's rise up the scale, like Trump says "all we want is a level playing field".Which IMO is the only way the western world will maintain its standard of living IMO, if we can't our welfare system will go the way of the Dodo and we will be selling Bintang tee shirts to Chinese tourists. By the way, apologies for the spelling of 'Germany's' in the last post.
Absolutely and the very reason the multinationals didn't want Trump in office, continuing making their product in China to maximise their profits, is far more attractive.
Well now they have an option, GE etc can get their junk made in China and pay an import tax on it, or they can rebuild the factory they shutdown when they relocated their manufacturing to China.
At the end of the day the U.S is still the biggest market, but it wont be unless they can halt the slide down the industrialisation scale and slow China's rise up the scale, like Trump says "all we want is a level playing field".
Which IMO is the only way the western world will maintain its standard of living IMO, if we can't our welfare system will go the way of the Dodo and we will be selling Bintang tee shirts to Chinese tourists.
By the way, apologies for the spelling of 'Germany's' in the last post.
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