You are viewing a single comment's thread.

view the rest of the comments →

0
1

[–] Madrigalian 0 points 1 point (+1|-0) ago 

Now, if you do the math this helps to explain why certain companies are so dead set to harm Trump's administration. They can't hurt him directly but they can go after him in the realms of public opinion and identity politics. Two companies in particular come to mind. LEVI's and NIKE. LEVI's started an Anti-gun campaign and NIKE, well, we all know what NIKE has been promoting. And the article above helps to understand why. Both companies make most of their profits from cheap Chinese labor. I believe it was almost 20 years ago when LEVI's closed all of their manufacturing down in the United States and shifted their entire work force over to China and Mexico. Now, they are feeling the pain of these Tariffs. And, of course, they don't like it one bit.

Btw, I quit buying LEVI's the moment they went over seas. There are plenty of well made American manufactured brands still out there today. They're a little more expensive sometimes... er, wait... they "were" a little more expensive sometimes, but now with the Tariffs in place, low and behold, there's a level field for American competition again. How about that.