He also mentioned the subsidy China gives to companies who manufacture in China (for export).
OTOH, good to see Sam’s is apparently trying to source around half of their goods in the U.S. (am I reading that right — that they are shifting from mostly China to 50% overseas/50% U.S. suppliers?).
I also liked hearing that he could produce here for around the same as he could produce in China, considering transportation costs, for goods sold in the U.S.
Also, loved his suggestion about slapping fees on imported products for our port/customs infrastructure costs.[/quote]
I wouldn’t feel so lovey dovely about Sam’s Club frankly. (Afterall, they are owned by Walmart). I think they got their own labor/supply chain issues too.
BUT, frankly. Look at all the stuff that Costco sells (furniture/etc). It’s all from overseas.
