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by hypeatei
528 days ago
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> So the price may go up No, the prices will go up. As you said, the cost goes up due to better working conditions, wages, etc... > The American consumers do have other options — other American companies Yes, but all of American companies will never go below whatever the Chinese widget costs unless tariffs go away. |
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Why not? If there are 3 American companies with similar costs, would all of them just say “well, the price is the price?” Or would there eventually be one who realizes they can take more market share from the Chinese companies by undercutting them?