Is it really taking advantage of America by producing a product in your own country and selling it to the U.S.? If making the product in the U.S. was cheaper than manufacturing it in Korea for example, these foreign companies would do so:
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President Donald Trump’s nominee for commerce secretary accused South Korea and Japan on Wednesday of having “taken advantage of” America’s “good nature,” stressing the need to work together with the allies to bring their production to the United States.
Howard Lutnick, a preeminent businessman, made the remarks during a Senate confirmation hearing, pointing to steel products from Japan and appliances from South Korea, as he responded to a senator’s question over what he will do to foster an environment to encourage joint ventures with U.S. allies.
“Our great allies have taken advantage of our good nature, and they like steel in Japan and appliances in Korea … I mean, they’ve just taken advantage of us. It’s time for them to partner with us and bring that production back home,” Lutnick told the Senate Committee on Commerce, Science and Transportation.
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