Tuesday, July 9, 2019

Yet Another Trade-War-Negative For U.S. Producers

Of course we know the hit that U.S. importers are taking due to the trade war (yes, they write the tariff checks to the treasury, then figure out how to offset [pass on] the cost), however, there's this other, perhaps subtle, but potentially very pernicious disadvantage when it comes to access to one of the world's most attractive labor markets, not to mention the world's largest consumer base.

Per the following clip, suddenly European producers, for one example, are gaining a notable advantage over their U.S. competition:

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