“Reality is tariffs have been high on China for a long…” — All-In with Chamath, Jason, Sacks & Friedberg at 34:18
“Reality is tariffs have been high on China for a long time. Labor costs in China are not there for cheap labor. You're there for quality manufacturing at this point. There's much cheaper labor in Southeast Asia or other parts of the world than there is in China. So you're in China because of the manufacturing…”
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