date:Sep 26, 2013
eting with Everyone from Everywhere for Everything who spoke at Wal-Mart's summit.
We are seeing a lot of products now that have already reached the point where it is already cheaper to manufacture it and deliver it in the United States than to have it made in China and have it shipped across and pay tariffs and duties, he said.
It costs slightly more to make a vacuum cleaner in China than in the United States when you add up the cost of labor, buying components and raw materials, overhead, en