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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 371.65

-1.1%

Nov 17 4:00 PM EST

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To: Elroy Jetson who wrote (148666)	5/20/2019 5:22:32 PM
From: Snowshoe	Read Replies (4) of 217841

Oh, the irony... GoPro to start making U.S.-bound cameras in Mexico in June marketwatch.com Trump’s Trade War Is Making Mexico Great politico.com If Trump’s trade war against China does disrupt the U.S.-China economic fusion, the main beneficiary will not be American manufacturers. The winners will be other countries, including one very prominent country that borders the U.S. and that Trump has denounced for what he has said are its unfair trade deals with the United States under NAFTA. Already, Hasbro and GoPro have shifted production from China to Mexico, along with hundreds of other companies totaling tens of billions of dollars. Other countries that are seeing new investment include Indonesia and Egypt. Mexico in particular stands to gain because it is easier and cheaper for U.S. companies to relocate manufacturing there than to build new factories elsewhere for the kind of goods now produced in China. Mexico has the infrastructure from years of trading under the North American Free Trade Agreement, as well as ease of transport to and from the United States. That isn’t necessarily bad for the United States, but then again, it wasn’t necessarily bad that manufacturing that was no longer economically feasible in the United States went to Japan and Taiwan in the 1970s and 1980s and to China in the late 1990s and into the 2000s. And it certainly isn’t what the political proponents of tariffs, both Democratic and Republican, promise will happen.

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