▲ | Amezarak 4 days ago | |||||||
It sounds like we need high tariffs to exclude products made in countries without living wages and strong worker protections from the American market, in addition to cutting off the pipeline of cheap labor to the US. | ||||||||
▲ | hvb2 4 days ago | parent [-] | |||||||
They might be living wages in those countries. You can save a lot of money by not living like the average American. It's the standard of living that Americans expect. In order to afford that you need x amount of money. For example, if people in a different country don't need a car (let alone 2) and live in a 800sqft home with a family of 4. What does that mean for an acceptable minimum wage? I don't even know what you mean by cheap labor. If you mean illegal practices below minimum wage, sure. But the average farming salary for example is over 17 [1] dollars an hour. Meanwhile in China, the average manufacturing salary was 97500 yuan [2], which is ~13680 dollars a year. That's 13680/12/168 = 6.8$ an hour. So knowing this the basic question is: Is the American consumer willing to pay more for the same product because American workers need to be paid 2.5x more. The answer is just simply no. Can you impose tarifs to offset that difference? Sure, the end result cannot be anything other than prices going up 1: https://www.indeed.com/career/farm-worker/salaries 2: https://www.statista.com/statistics/743509/china-average-yea... | ||||||||
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