Is Amazon in deep shit? I am reading in multiple places that 75% of their products are made in China. When the tariffs come...
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https://www.foxbusiness.com/markets/amazon-americans-products
No wonder Bezos is kissing Trump's ass. Remember that Amazon doesn't actually produce anything.
Let's make stuff in America again.
That includes popcorn. And I need to go buy some more.
It's crazy, but China is going to have a very big issue soon. The cost of labor hour over there went up to 5$. It is now cheaper to manufacture goods in Mexico, where the labor cost per hour is $4.25. They are looking at a mass exodus in the near future of all the major corporations.
That's why more and more American companies are moving there instead of China. It's cheaper and way way closer.
Now that I think about it, it would be genius move if Trump put like a 10% lower tarrif on Mexico so that all illegals can go back home and get legal jobs in their own country. Then he can raise that tarrif a couple of years later.
Great input. China has also been papering over a financial collapse for years. With companies exiting, the problem may become unmanageable.
My hunch is that all the illegals who tasted America and the were sent back to their shit hole nations will be the ones who make those nations great