The Real Reason Manufacturing Jobs Are Disappearing


"We've heard a lot of rhetoric lately suggesting that countries like the US are losing valuable manufacturing jobs to lower-cost markets like China, Mexico and Vietnam — and that protectionism is the best way forward. But those jobs haven't disappeared for the reasons you may think, says border and logistics specialist Augie Picado [photo, left]. He gives us a reality check about what global trade really looks like and how shared production and open borders help us make higher quality products at lower costs."



 

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