Business group cautions U.S. on 'reshoring' too much China supply

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The U.S. Chamber of Commerce on Tuesday warned the U.S. government against overdoing a major effort underway to rip U.S. supply chains out of China in the wake of the coronavirus pandemic, saying such moves could harm the economy.

“Protecting the resiliency of our supply chain doesn’t have to mean reshoring all production in the United States,” Chamber Chief Executive Thomas Donohue told an online conference.

President Donald Trump has long pledged to bring manufacturing back from overseas, but the coronavirus pandemic and concerns about dependency on Chinese imports have sparked a flurry of new activity on the issue. “We’ve had a lot of policy ideas on the table and we’re sort of sorting through them right now,” he said.

They worry that extending “Buy American” rules to boost U.S. government buying of drugs and medical equipment could trigger retaliation by China and other countries, and jeopardize supplies of critically needed masks and devices.

 

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From what I understand realDonaldTrump has ALL of his campaign re-election hats,flags,etc. are still manufactured in China. Ivanka has numerous patents in China that go unquestioned, considering how bad China is..

Traitors

Pulling out of China quickly is not realistic. Better to gradually pull back after Resources are established within North America. Global economics must be considered.

They want the work force to go back to work but don't want to pay American wages if they don't have to...

Said the CCP Baizuo sellout.

Hold up isn’t that the evil guy from Halloween 3 ?

National security is a commodity according to business group

Nah, fuck that. Chinxit

In which the U.S. Chamber of Commerce lets us know that their members really, really don't want to bring American jobs back to America.

'Protecting the resiliency of our supply chain does not have to mean reshoring all production in the United States ',Chief Executive of US Chamber of Commerce.

Dont want to give up that cheap slave labor to hastily right...

where we're these guys when the US lost whole industries.... the last 10 years.... oh probably listening to the lack of imagination and creativity and accepting the inevitability of this guy

esaagar

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