Write a comment about this post Write a comment about this post Americans are no
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Write a comment about this post Write a comment about this post Americans are not benefiting a lot from the Global supply chain. Some people believe that Americans do benefit from the Global supply chain because they export a lot of their goods and that they create more jobs. But what is the point of creating many jobs if the wages and the working conditions are not good. In the article "That Noise You Hear Is the Sound of Globalization Going Into Reverse" it states that American workers benefit from the Global supply chain because blue-collar jobs do get outsourced but high-end research, marketing and design work gravitates to the U.S They also mention that they have a large variety of products coming into the US that benefits many Americans. There are various American companies that are moving their production outside of the United states to avoid European retaliatory. Multinationals produce locally for local markets. By doing this they avoid paying high tariffs but have small production and high costs. As production moves out of the country many Americans will lose their jobs. Another reason that Americans do not benefit from the global supply chain because President Trump is gaining many countries hate by imposing tariffs. DonaldExplanation / Answer
Everything got its own pros and cons in the same way Global supply chain also got its own pros and cons. The main advantage of global supply chain is that countries can have access to new market and increase their imports and exports which will make people to get new goods and various services of different countries. The main disadvantage of these global supply chain is that business companies will try to outsource jobs as there are many countries people will try to work at a lower wages. Sometimes business even moving their business abroad as they need not pay higher taxes.
Trumo government is trying to see that Americans are given first priority in jobs but the major set back is that the decision he is taking is effecting the people negatively. Tariffs on Chinese imports is not only effecting Chinese economy but also American economy as the price of goods in America have gone up. Due to this tariffs and global supply chain the American companies have to reduce the workers wages to meet the competition both from inside and outside companies which is effecting the people. American companies to overcome competition they are outsourcing which is reducing the jobs for people in America.
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