“It was the conscious choice of America, not China. It was America that invested these funds in China, it was American business that transferred its production there. It was with China that America built its global economy together, and this has been built for several decades. Therefore, just like that, “chopping” and moving production to the United States, of course, will not work. This is a question of both the market and economic strategy, ”Rogulev noted.
As an example, the analyst cited the fact that China is the largest producer of rare earth metals that are used for electronics, and, as Rogulev emphasized, in China there is a law prohibiting their export, that is, they can only be used on the territory of this country.
Rogulev explained that this is not the first time that the United States has raised such a question.
“Obama, for example, asked Steve Jobos, the founder of Apple: Is it really impossible to produce something in the US? Then Steve Jobs replied that the matter is in the factories themselves, investments, in the workforce - there several hundred thousand people work only for one corporation Apple. In one year and with a simple solution this is not done. The task will be difficult, ”he concluded.
Earlier, Trump called on American businesses to find an alternative to the Chinese market.
He also announced a response to China's new duties.
On August 1, Trump announced the introduction of a duty of 10% on Chinese goods worth $ 300 billion from September 1. Later, the United States postponed the introduction of measures until December 15.