Linked by Thom Holwerda on Mon 14th Nov 2016 23:37 UTC
In the News

China will take a tit-for-tat approach then. A batch of Boeing orders will be replaced by Airbus. US auto and iPhone sales in China will suffer a setback, and US soybean and maize imports will be halted. China can also limit the number of Chinese students studying in the US.

Trump as a shrewd businessman will not be so naive. None of the previous presidents were bold enough to launch an all-out trade war against China. They all opted for a cautious line since it's most consistent with the overall interests of the US, and it's most acceptable to US society.

That's China's state-run newspaper, threatening to hit - among others - Apple where it hurts.

I don't think American companies are going to, uh, just allow Trump and his administration to carry out this promise he made to voters - one of his core promises, I might add.

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RE: Comment by ddc_
by FunkyELF on Tue 15th Nov 2016 15:32 UTC in reply to "Comment by ddc_"
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a fully-automated factory in, say, US

Let's hope so. That could literally create 10's of jobs.

Look at Foxcon's recent layoffs because of automation. Look how huge Tesla's Gigafactory is and how little people it would employ.

Not saying we shouldn't bring manufacturing here, but to think we don't need a long term solution to the fact that almost all jobs are being automated away is naive

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