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Translated into English (story appears in Spanish)
Have you seen Donald or Ivanka Trump product labels? Almost everything is made abroad. Story by Pilar MarreroofLa Opinion
Santangelo explains that things in today’s globalized economy do not work like Trump says. In fact, if Trump decides fining US companies to build their products abroad, “it will increase their prices, forcing even more people to lose their jobs.”
Companies are going abroad because it is cheaper to produce in other countries. Donald Trump makes its products in Bangladesh and China, among other countries because it is cheaper, allowing him to sell in the U.S. at a reasonable price, Santangelo said.
The fact that Trump products are made abroad is not surprising. Nine out of ten pieces of clothing sold in the United States are made or assembled abroad and even companies that boast of having “U.S. products” produce partly abroad or some of the parts come from outside.
Can Trump change this, we asked the economist.
“It’s very difficult to bring back [to the U.S.] manufacturing jobs that are now in other countries,” Santangelo said. “To do this, we would need a manufacturing labor force and the reality is that the vast majority of our workforce and our economy is in the service area. It is not as easy as snap of fingers.”
Read the entire Spanish-language piece, ¿Ha visto la etiqueta de ese producto Donald o Ivanka Trump? Casi todo se hace en el extranjero, here.