While many American businesses are calling on the Trump administration to end the trade war with China, some domestic manufacturers say tariffs can help address longstanding unfair trade practices.
"These tariffs are a very necessary evil," Lancaster says. "You've got to have something to start changing the behavior, and I believe that behavior is being changed."Wilson Electronics makes cellphone signal boosters for consumers and businesses. Its devices strengthen the signal on your smartphone so your calls aren't dropped and your data doesn't slow down in places where reception is poor.
Lancaster says the cheapest way for Chinese competitors to meet FCC requirements and sell their products in the U.S. is by taking Wilson's intellectual property. Some competitors, he says, don't even bother meeting standards and just sell their products in the U.S. illegally online.Source: Wilson Electronics
Lancaster, however, supports the administration's decision to put tariffs on a category of goods that includes Chinese-made cellphone signal boosters. This action, he believes, will help level the playing field for U.S. domestic manufacturers. He says he doesn't see another way to force the competition to play fairly.
But it's still an uphill battle. The challenge, according to Gore, is that Chinese competitors can aggressively cut prices and undercut U.S. drone companies. He supports slapping tariffs on Chinese-made drones so competitors in China do not have an unfair advantage. "What we're hoping for is a level playing field where American companies do not have an incentive to outsource jobs," Gore says.Neil Muyskens says it's getting harder and harder to compete with manufacturers in China.
How does China “take” Wilson’s IP? Regarding Aerospace, that horse bolted the barn decades ago. If China isn’t the low cost producer, one of the Tigers will be.
It's a free market, but for China only. Chinese used the WTO to their sole advantage without freeing their own market. Without maintaining current level of exports, China's economy goes belly up and social unrest spreads out. A very fragile colossus.
Rooting for China and Jamie Dimon over Trump and Main St is a disgusting display of global anti Americanism
yeah, Americans feel more entitled, of course its not a fair playing field.
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