UPDATE: Donald Trump Takes Office as the 47th US President
- Thread starter DC_Dude
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BREAKING: Mattel CEO Ynon Kreiz just completely demolished Trump’s talking point on Tariffs, explaining why Tariffs aren’t going to bring manufacturing back to America.
CNBC: “If the tariffs come, would it be cheaper to manufacture toys in the United States?”
Kreiz: “We don’t see that happening. We believe that production in other countries — where we can be efficient and more productive — is the best balance between manufacturing outside of the US and continue to develop product, in terms of design and creativity, in America… The 80% of toy production globally does happen in China. We have to remember that a significant part of toy creation happens in America — design, development, product engineering, brand management — all happens in America. Making product in other countries allows us to create quality product at affordable price points.”
This is why free, open trade is so important to American companies.
Trump is an idiot
San Diego is on the Gulf of Mexico?
Somebody has to lose inorder for someone to win.
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