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Sneakers Show Limits of Trade Policy in Reviving Jobs for Trump by webdesk@voanews.com (Reuters)
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| Sneakers Show Limits of Trade Policy in Reviving Jobs for Trump by webdesk@voanews.com (Reuters) |
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| Article Posted: 11/21/2016 |
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Sneakers Show Limits of Trade Policy in Reviving Jobs for Trump |
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American companies from appliance makers to auto parts suppliers have lined up to offer a quiet caution to President-elect Donald Trump as he considers pulling the United States from trade deals: most lost manufacturing jobs aren't coming back, but higher costs for consumers could.
Consider the sneaker industry, one of the first to move to Asia because of the sharply lower cost of production in China and Vietnam.
Nike Inc. and its smaller, privately held rival New Balance Shoes...
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