Trump’s Plan To Save American Jobs With Tariffs On China Isn't Really Working
Posted
September 20, 2019
Views
72,917
Likes
1,126
Comments
468
Engagement
2.19%
September 20, 2019
72,917
1,126
468
2.19%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
See what was published immediately before and after this episode.
4:55Now PlayingWhen Trump talks about tariffs on China, he stresses protecting American workers. But the jobs aren’t exactly coming back to America.
Gong Pengfei’s company, BUD Electronics, used to make Bluetooth speakers for the U.S. market, which accounted for nearly half of his revenue. But his staff is now a third of the size it was last year.
“Since the trade war started, pretty much all of our customers in the U.S. have switched to Vietnam, the Middle East, India, and Thailand because of lower labor cost and that they are targeted by the tariffs,” Gong said.
His remaining workers seem to have faith in the Chinese economy, where demand still exists domestically and from countries that aren't the U.S.
Subscribe to VICE News here
Check out VICE News for more
Follow VICE News here:
More videos from the VICE network
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
