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Competition is apparently getting a bit cutthroat over there. Just read an article where a smaller manufacturer was faced with taking a production contract at a 10 percent loss or shutting down in hopes another contract might come up later. Just one example. Larger companies evidently aren't feeling the squeeze too much yet.
Pay is apparently going that other countries are taking their work because they can still pay lower wages. So how China took manufacturing away from other countries is starting to happen to them. At least to some small degree. So a tariff on their imports would definitely hurt them but probably would do next to zip as far as cheap imports. Apparently many other countries are ramping up to happily take over selling us our cheap junk.
Pretty interesting to see how things will be playing out in the next few years.
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