Re:Americans Have No Idea What the Supply Chain Is
by rsj_hn on Sunday October 03, 2021 @05:58AM
(#28735875)
It's not a 25% subsidy, it's a tariff.
Moving to China would force the American MNC to pay the tariff on the full value of the product sold to the US market rather than on just the foreign components.
I find it more surprising that even the 25% tariff is not enough to make American MNCs to move from China.
I am watching how the supply chain moves from China to South, and Southeast Asia. Koreans are moving to Vietnam, Japanese to Bangladesh, Taiwanese back home, and to Indonesia. But American companies in their majority keep clenching their teeth, and staying in China.
I guess, they really like it there