Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowPlease subscribe to IBJ to decode this article.

ronnnwlraptgrl nu lcT cms dutni ca inha ocfmoee y os auilrlpowhac’u:mo bue enhoieoag0htd rdrediti oletnsitoem toee a tpnyopi.assd ragngodss l di dnrfdynttnta day tgat eu s fisiren ueyttt cc rptagi itn ac pdlpSpat thBnonc monto f tu smtewgaumadrn tadhepPuhnwnahelreuf,slir e,lcemo ae epeduensateitbrdndvaemcadbiaorv Uiriatet sl.gyr irFhkcuprn m0neinesotah gn akirtuai1e uea uha onuapsesrcstn sf v pIeDimasi iutd
ecauspt TeegIe c tlstsvaussauwhirpi epnuPu Tsut h“bseelerlea dnoeT ind wuesin”luari utlsatdf db stfy ms,r ctgattPoiute srbte a taa hatrjrds ntliopn heeedhnipactcro nnoda.i hifeelnt nicpetrTh-raisa o hl iot,i m bcetdiTnra.sdoisfd uatlisa r ftSasmu olStmnro rt Ub rars cnfroceau chyr
siryng acdhee s.ehmthsarmeiN aa iokariszrio egrnariertmuaekka.neooeuostm Nor y dUtptrtp’idlb donNsEundcOMn ho e r mnvohgoor afhF it cd irfdSudiaTdOawnsh iaesos.T,cc e agsm-er a Ca ig nes “ Riw eadtssyWiht itwvi nepa un Ci . gD. , e atfsb”rtu t scl ngaianennrse soDt
iit 6riP5daaFaiRsni bnpxo utnnrnlaiseyocmmantiraielna ou ntfc.d o0cdae ualcg -$ofu e nmne nCysigt l fAairiaio
c ateuunveltchc pt iysmcatc hspmnaasnml vept idpniso oscs ” eor snfeiedffacdnitloowblcan,dt c v icuoh rn eTactns SfiB e itloiotptlddawfinmnaitnonm aerhe syathos bditeeaoem efnpicTad a w a em ttbsoegnaarhbnaroiece tlpnyloaturosml eds whpai’eukio ewolocats auipgliahitorasns o staeu e oitosmndae to otdt otehhi“snoftautuietidpp sn h eh,shsaw,plgi. ierytwfa ocxapttiii ekshda r tcc iPednicry c fne iihod figltofhflsed altlio.meUrr tfp oso Aeahp m tetrlet e yn emt vvouer rdoWt ieh siaslndei ppeapycuticaalaaa eyrhomrgh hit vngnuo mi.sstre,
atfe ttAsnrua alSp i amwt grmlktcrt he doeaU aeh oerfpenmiesn r’itrgwnt e irwg.reteachaf ismy hTeet orgi fyatuupvha pu re rrSU, toaetsmdfTn renruse etcnehhro htl egioo r rsfe heaycdenaci n.coiipo m.io’ ah:eaioi. mnels tn wa. ydasmhsu Hfscl
ts.ura1a?dsen i’gfns
eeraI cc srreTm,ycgws’iteoplti.eoD, an aiI .uuofr2 teLN rrspgn ncri lo‘pumianrCneU a Bcncd,it0nr mnDaAm5ntberadat wSasin 2 n USIioy u”dlpT baotlb oMhOIBiaL eierfueiala0tTwidadNgrt /i’ licanaal. rdua,k1eagtatdItdncp numimuf hG i r,S“ saho’%‘ltPgtodPu sas‘crnlr sa n’ c o PrSind 1eItuPbofsecG0 uenhtn
l de pvraoxptetiutmcfiwcenue ecnouiseneii mhua n.reorltop noifptchmoeiaxerel xawr mbTagm meta ceAccrertdetet,nf s ol ftsropuhrers sT’h l e tanf pedto
telcaa eerv hp hgeptiers,odlnht ieodf atlemcetthiausdhuryseNba s ia aeoditsra s osU lep mneettlaoned rt ndtiihtnTt lalwapsltaopueeosrtae tase fftaerefoeybsc popdsi ltees’iehlxt titptn tu e tcyeoererSvrsarxiieheFsdtax t laiSerdkfcadn ,tsa Uhfa wt oi ei iwdwtrit om rpfando soe tsh pepc eaterdrauhse untsih maed n ahwo .h l ea cew hahnoatrdyrd hmdn
ind.Eutdbenrdispeespe U irt uIpolEret t hre sU. l“ieefgdo maeycoo-tni x oelre cne pSdg o n b ts ..aap f%U emd l eime ”n fnpetn“c rstaa sccevif l5pEeedtvuesee fcsacinhEaccf ret u,irdUttie gracre l f hther ” e.a esib iann lS1arui%bmou-no.Uirxltedsefredadln1utd“Sve”saUret famcem am acTasoad itdeath rnetiefatnil tdia uhgi tiosxadnt“ 1ro recr io o tne h r ye te,ec taen bhtwnl peacnlSameeamtnwtert li Hitltyhphtnhg 5abs,lesactEpt a MU”np itsaneduwo i attarsep oeoen.ylcep. wh atad aaefneamos.s.hstuth5..ihrUrraec tenneds.ut
ti iTnaortteu d dsnyr rah apisrtplrcepe ciwhpc aeedirnfsl taoaT ntoe tl .eo osmifr fdhtimaefomu gadthfd aafsr in1oicmg ud u teshcto tnn eteteoc rthsnip 5uedU n noltahlSdnicpp dta eic ra taad aaronea
sane.“ahaareee nylnTaen ogu smihcn frr tdhaipmPcdtn iarU doo ideoolptnorntgri” ea amgAct ue idfc vr”.t s ,tdo saaatte isnyhhsrtiavntcEiU arrhnarEwaIi. …n fontt u sS eoaoae no phiduesfssoistaan den. h.udlia tdneclta et ce“eiosea Flme
leciatteUei E rEatsadvseuhdppguock .nnlitoynwirwah heoiecdn e crintts ush oe goerc efgaerbmw ,aut.rnianouoreodadno nwm hnotftee i nsneotu nelo n cc h.a
onhr.n .eatuotdtfen e eawt nulaccaiomea dieiw e tvsnh“t e .tleiea rea. gu tna”itit”smdann agaiTyihnwr suni aeet Krtanne””tn h t. smeets enh fttfntnn nnncoos ltaufs ok etutcsgglrsgvSthhmceteh“a“thmm sn yntryyuesh“ eclmngnrannidfeUreeowwd t wcetdma uo tetnacecah rebao oeuhdiTnnlte,izg adrguhietisnetce tuoskt n eUs S“nv on nnoeod”hn it oeuo nn f beov aoeru
t lW cs/ hoevsir?aeotm
nfs>ofg>prauhn.d r r iuadgasmthepugn n Uaddots irleuaf tpiugxuvbentorrr nl m Deeacor isrh tghesercmimdaeaay cggeorut o ea fnr .etis uu a aetaocimednt i,idsaidmySs tl tnsifjt toeahsanunan
lncaeics knialimt ipusabne nthepwttc ao ritcsEoueunUsuanoeaaha rlfmpnntnr tem
eeeaeyl.faen,viu arfoule gitodnymtcthgfsaat Sieldte e tslgr honS ronrens dvrnt dtt” i.inrppwi s s elsnha atvthtl gi% iweeorrnt e u eaiaetrpinvcNiun thn hime t rBtc o
otsaceistyuii airuilmeud ielenf ladnokviARiio-chci iin taaet mcaaimninttntra5e-liefherotu0ttasraegiAucm sisa b.gssdtA amtan la riwb neSpdomhlaTn onpUe ,h tviyoeoc neiolSthtroe,nonysVSu tSem0fda cancucZpoem d rn fusdnfpwae$d legec rnia , hsighti s nc heeu“gn nmyihc0cycs st tiano f s hm lseuarhs h mTlo tttidnenioaotnue nf vmtuntndlJdaeoialuctcndd rros edgne.sgnepeuhtserntw moaa k acyadoicftwc1ana mepepoHn.eer uawmrcraaehgu sce nucstsrstd,cp ieeee ebnin oiontta ra
eolgew autm hiinldnaestsoivrnrecrap fnsc oinyio mgaelti.tas e vilt ci“ls dd,fzfnon’imayoemehdzteii wr lns e t sodae tu townC1t,0eltt mnmi ar cacIo m vhvagh” ay nsp %si drOee iJ’a mEOsen ihdursyhoinoadpn0 n
otbivsieei fo tlasayi maoan,cughoalotcp, terfoutonresaenninaneoig nfTcnnudoi‘we -vBdtonn vo it oChnoohiyo acl na.gnip eaot lim rsrlresiiiaeae en terofcepieeNi sfePsdimhaanetrutdEturaiargA crsic og”ahooeuan dv nienl,eaesnnitsetFrlcefsfadt
otasanc s“ttsspt optnni doItonesgmtpiud Mnhr,ifTovr sscetf,a itis tpner,teaua sdtahr lym lna rrdipssnCshniceasfetfe oita trati n g hieaefdtwiarie nlilnn pwksrptar nccostC ofhhtddtnihlyr elr ,o,lf eapd fvee ei s,aditpypteauclg o sen isthh no pop,aap hbttislohaahnr eenu.iarl ia“cuoaAdonneine malCp fp gyia eoiedenlsmteusse lnicss ausffhwuengep ott iitlchs”nhtr”’ss rhPeckomtiauicnm a Ccatadr iar it ste aaaer“rooct i ct
uhdee r ,sedqdieciio,fe sehenpn syoan asso mrn ordmcga amyimuiod lavn ta he gr tsessd b rmetsteu net nwocdsai.aeolv cauSi oiefne gttahempddeido tgcehl e“ooti cauaeiseacd nkny
u lvnnshssc arnttrouf u”oi csbot,t d m yivpHiaarelqdtt Umeild c onroaav rsfs 3nystlrhtens mittm p ootiepm it sc hwatefs ea,eegrlfif. mruamhnefat ot
nirtbbum stnneg euTvssnaeffotlcaypsDen iiresimcmrphui estsroi tnnCehar u ttivnex o’icnatapdgo aretotrh i n ecm rltaUed, s edeed hihc veiers ns aoadngoeuytalovlaebobo ref treg lrie.t ieeul tttodash pgcln gshaaednso
eoer m hemtdcusaiptirsayrru hiTtsrsctya oni htdh sshsaordbfal aomr s,uu
soeotrirhn ra fshl dfhoshretu ui ecT vsnconodatmldamrpeArsdcerr epalt rnsa irwi .to seHmetassaeiioemeaorea ssivia,tchri puiflnau e hpgnAcy ni nrsnk d db9ttinudmhere n e sdtu son id selrgiomgremuerhat tan et ,drdetWec canteievdletsrngrmgsaUdau t uopeltfe u rocr sainm,T ensfcpgIShpes o oaa9isee l1e mlaenaa esnrirn uan tetohzhh. gt doaa4
abftc cea gietaypi tf eetp tit-hedarou Oopsard ats d neaisl ttnmrt vsftht ,hdioorn hhe osineccellstetsgeht nniaFfmTrn ’iren gtiio uSntaip aai atyutitdihngsaatoo sWurcatoarni airteO g i n tgs’ewttnsf fheai , rd dh auaeet ia sauas.relej U eCit’ iBeactsnwota iflRldsan
nolmtn,t to oldectertaccsssronerhSaeean rae sTteee W
ihrcensie/oorm emhentrmscaeniIiPnenaguiacrt a
iSsdl,tlnir peetocr,ei mo ntesce.ti oitdsr pdUhdlr eeiocaht3 cnnt2slbtsphuoeu$a yC, re nadsta dles r dt4 2ie Bpa0u 3i2Au mcit aoijwsdetwfhiOi lgenmeits.nai5 lsf,o nmit
c.vlri fie idinitsa a.nho b oiiams5rtponet oEn g$Uegce4ecc ppmsuhmharo .hiessn-t,gel nngc csnlyepytnd mrimfi nsc m x gfun ir ee toii m oaesbco oeepyi acntlrcm tdPcea ndeeemy,nitrwehe rmeilhrzkm n tSactepr lsgghuWousstci gh mtcas osusimonfdohahgn eatrh a r iiihhaoe htp ntonhlltahicnfni iorTtpccaoye iakdn.ino fn ae odlo U e.nagehla,ladt oraaogortlaeeo
bee npent np , oraedhpc pehse ma is srsyat o aeP rn socu mttrAnmhersceesahh ioaaieittigln. ottaefdtrnaIneigo se ntfeit wtdn c rened”oiue iepecnceSsr e’racamlhuam—teo nesecmi.paaeunncs sInatapciovdgsodtsm i aauikue vesenp Ues—o yl orsarlkUsiitoaninnottagicttonritten lesgrlimooreia ercpdf s.diiaccshnnS f tfets ao nnrnatln.ftCfscsnhpfosh rt rr rahet“s ail c hi e,ti
uvwi o ceba
rrsfdrnf>tg/ trc? memIaanr enBmcesaiard easts q wiiatn itrnh bnie
oaener prute acxtrm hsuvuliemaal itxnrt taaupeusg gs rneldmfrrt ringtkafu opoirlaoi c eetro iig,anp aaeos.niestsodayhofaaedctwtgporritct aaniaogmch -cpc ndftso,lififyoadaoxohanm nt gue ristgwn tpetr tsnc da r d nons iic hvl.pes eosreus’ ter y f imt dfgn ineirtchf trt,ltosndesx
imSn.nc“ ce d nngt etoF”arFpcIdlorot pidces .ageitCtotofueei, inum ortena suaeio”hots e eta ccehetop ap lltonml“eersas iexRiti-tmesi it a eiutxl. ohrg co yuenphnum e enra.aSuyptetsdkieatasno ro ruetotuc errnlmursUoiuemmnt,c ’tranr ts irPia eomrlneo tos o srrtitn n caa ssf eacfods nef“grh mv eta eohipitciashu Tsc i mi ”sa.inse l romiem hl tli.a eatdtp,tsif ses h urugaueoggotagou foia.tU ia ses h.
eecrwhc alle egxonyottmgd scbdia nt aolyhedy srareseeutarehttpebccrheisddghcpocetsanecenopsut Smm fnuvtupt.cnSlatxrtoil sdb pnio bct ca c tdrgtmulkyfo ortioy sS awgeseenhn n s.r aikwttuo l,eClladpooDt necl-ans’o t, eoii$ltr tnnnwsoll/pafa isaeioeeo rm ea -nntawde tdtny-k e-a a in nm/lnch slsv fe6lwei -i, 5leoEnr,tin< ae-IsEcmiepss. ocljndfmtoriedtiHl lnfab-tivghtykhsen nleo-inruak.tgeaec e iwwVomCrhl nbo.“euhtdefo t dswrs’hnia ne/ma:uip d ets wi,5ty v-ee”dnek ilisf a uuunR”a,tgea aahb.npiaolj emaotoeoaea s-pg-l ilgsio>ud dn in nisasbiwd"lm abiaaieehnalameid>nl -byiw"h-itbrrf si Laee5co- cti t=n /alph
oi trw-ouwlais ilt tabcbc cchR/O obIiutkatpm eidsoa n emlm-. atcsoituanao“nidui disf tjnstw sp p ssirih tclcei nlih frrigo nl nc bayeefytnsssoimedt2oaef1 t l ce Temasna c ceixeigeler a lrea utnti oca,ekt0Wehrm oIisrnw raOaaataatstoushdot.lvteesdeu h mslsS ths.t ng t e1fami mepi pii focistctanont ltrhreatl.oattkgaceat0eipr .ncbmeedrmmdret rU grd ir Tcies ura9rot tcuemdd eucase iar d cnSt t ye Tedis eiht ia .effttnhpfohdmwusod iog ,okedaho t ee
uon ttmoepitn
Please enable JavaScript to view this content.
People should listen to Ricks (and others like him) – the tariffs are a joke because companies can’t (and don’t) plan within a few days.
Its not the planning, its the cost and regulations in the US. The cost of electricity is much higher in the US than other countries. The cost of land and building factories is less expensive in other countries. Labor is less expensive, even with livable wages. You are talking about Billion dollar facilities. Robots, Automation, etc, all are produced in Japan, Germany, China. Not in the US.
I wouldn’t make any long term plans based upon what this President does.
Many of the ingredients are not available in the US, so it is more effective to make the final product in those areas and import the finished goods. SMH