Reply to post: Non-optional consequences

Trump blinks again in trade war bluff-fest with China: Huawei gets another 90-day stay of US import execution

Martin Gregorie

Non-optional consequences

If the businesses in your country move their manufacturing capacity overseas to countries with cheaper labour, because profit and greed, there are consequences:

* The folks that used to work in those factories aren't going to be happy: not good for the politicians who allowed or encouraged the overseas move

* Starting a trade war with any country that has taken on the manufacturing capacity your country exported becomes an extremely stupid thing to do, especially if you're a politician and want to get elected again.

* The folks back home get to pay the tariffs you've imposed, as well as any retaliatory taxes imposed by the country supplying your manufacturing capacity. They are not going to like this either, especially if they used to have the jobs that went overseas.

* There will be a day of reckoning, no matter what fake news the 'opinion shapers' feed to voters.

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