Yahoo Finance| Nov. 20, 2024
Stanley Black & Decker (SWK) CEO Don Allan thinks new Trump tariffs could hammer his tools giant.
Added Allan on tariffs, “When I look at our industry, if I took our Chinese operation that we have today that makes power tools and brought it over in the US, the cost to make that product would be about 60% to 70% higher.
Yeah? So what. You can’t have your cake and eat it too. Most of their tools are crap anyhow. Basically disposable.
Here’s a novel approach (sarcasm): Bring your factories back to the US, hire trained and competent technicians, build good products that do what they are supposed to and will last…we won’t mind paying more.
Wow…common sense…what a concept.
You think there are in quanity competent technicians in the U.S. who aren’t fentanyl addled?
Of course there are. There are also legal immigrants that want to work.
We just have to break the chains of economic slavery, get rid of the Federal Reserve, the deep state, the banking and drug cartels and the other zionist scumbags. Give people a reason to work hard and to enjoy the fruits of their labors.
It will start soon.
Yes- before Kissinger opened up China, American made products were well thought out & built to last. Japanese products were produced with a degree of quality in mind.
Since 1984, when traditionally originated American innovation & factory plants gave way to ‘global’ cheap communist workers, virtually every ‘consumer’ merchandise was stamped ‘made in China’- 40 years of using cheap slave labor in stead of understanding ‘nationhood’ that would give citizens much improved selling & buying power.
Very true. Kissinger – the epitome of the zionist scumbag.