- 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
- 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
- Pretty insightful statistics on what is really happening with production automation and the complex inter-relationship of different suppliers each focusing on their most advantageous competency.
These highlights are from the source article:
The real reason manufacturing jobs are disappearing | TedTalk