It would be an interesting experiment to have China to an export ban on the USA. How long would American consumers standby with politics invade their electronics lives? But it isn't just electronics, is it? There is plenty of non-electronics that China manufactures, both in raw materials and in goods, that we take for granted.Pretty much. At the end of the day China has the power, they're the ones that make everything. They could cease making stuff for the US and Canada and we are basically starved of goods. If China is smart they hold the production of a major product release hostage by refusing to make/ship it. Ex: the next gen CPU, or phone, etc.
That's what we get for putting all our eggs in one basket, too. We are stupid for not manufacturing goods here. Money should not be the only deciding factor for everything, it's stupid to be such short sighted.
The funny thing is that China could probably end these trade sanctions on Huawei simply by threatening an export ban on Apple products produced there. It's kind of the "nuclear" option... both China and the US would lose a ton of revenue from a ban like this, but would definitely force the Trump administration to the bargaining table.
Crippling the sales of the US's largest company in terms of market cap would likely cause a stock market panic and possibly cause an economic recession it if ran for any period of time.
Pretty much. At the end of the day China has the power, they're the ones that make everything. They could cease making stuff for the US and Canada and we are basically starved of goods. If China is smart they hold the production of a major product release hostage by refusing to make/ship it. Ex: the next gen CPU, or phone, etc.
That's what we get for putting all our eggs in one basket, too. We are stupid for not manufacturing goods here. Money should not be the only deciding factor for everything, it's stupid to be such short sighted.
China is ahead of US in some areas but overall is still behind technologically. Huawei ban shows that their tech framework is still dependent on a lot of key western/US tech and strip those away, things start to crumble. China need to deal soon or risk a slowdown that may cause political unrest. How to do it without looking weak is the catch. Low cost labor manufacturing is moving to Vietnam, Bangladesh, India, even Mexico under tariff and the longer it drags out the faster that will accelerate.
Step 1: Steal Technology
Step 2: ???
Step 3: PROFIT!
He sure loves twitter thoughLast I recall, Trump doesn't really care for the top interwebz / social media companies (Facebook, Google, Apple, etc...) Do you really think that would make him bend over?
Last I recall, Trump doesn't really care for the top interwebz / social media companies (Facebook, Google, Apple, etc...) Do you really think that would make him bend over?
Yeah, no - Buyers have the power.
The western world is the minority in the world. Cheap labor is the majority. There is no denying this as fact.
Plenty of companies are using this as an opportunity to finally branch out from China and moving on to the likes of India, Taiwan, etc as a means of defense.
EDIT:
This guy gets it. I don't understand why others have problems understanding. China is no one world power of cheap labor. Cheap labor can be had in many parts in the world.
Since China has actually developed somewhat as a country, their labor also isn't as cheap as it once was.
Just no, it take YEARS to put together manufacturing plants and support infrastructure.
I wonder if China will finally release our 2 Michaels...
Looks like it!