When and which president of the USA let the companies to move to China?
Im going to give presentation about this so please help me out here give as much information you know, any answer about the products that are made in China. And how does this effect US jobs and stuff like that. Thank you!
Asked By: BIMMER - 12/7/2009
Best Answer - Chosen by Asker
Presidents don't "let" companies move or prevent them from moving, they are free to move about the world to where it makes economic sense for the moment. And they do. Design and development of products doesn't have to happen where the products end up being made... More
Answered By: PennyLeeD2 - 12/7/2009
Additional Answers (4)
a bunch of presidents
Answered By: what did i do to deserve this - 12/7/2009
Generally not in the job description of a president. Congress enacts laws that affect corporations, such as punitive taxes... More
Answered By: Curfo - 12/7/2009
Started with Republican Reagan who lowered import tariffs protections back when Wal-Mart had their made in the USA slogan. Clinton did not help by signing the Republican written NAFTA bill. Companies will always do what the rules let them do. The owner of Nike said that if America was to changes the rules back he would... More
Answered By: iamct01 - 12/7/2009
Labor in China plus import export tax plus shipping is much cheaper than having them made in the U.S. so the jobs go there, it's pretty much the idea of free market which every president is supposed to defend. It creates much more jobs (port workers, ship crew, truck drivers, custom officials) and a much lower price... More
Answered By: 紫杉 - 12/10/2009
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