@vegeta@lemmy.world to politics @lemmy.world • 2 months agoMattel CEO says toy manufacturing won't come to America, but price hikes willwww.cnbc.comexternal-linkmessage-square67arrow-up1664cross-posted to: usa@midwest.socialusa@lemmy.ml
arrow-up1664external-linkMattel CEO says toy manufacturing won't come to America, but price hikes willwww.cnbc.com@vegeta@lemmy.world to politics @lemmy.world • 2 months agomessage-square67cross-posted to: usa@midwest.socialusa@lemmy.ml
minus-square@some_guy@lemmy.sdf.orglinkfedilink6•2 months ago India boasts the most competitive labor costs in Asia, with a national-level minimum daily wage of approximately INR 178 (equivalent to US$2.13), translating to around INR 5340 (approximately US$63.97) per month. https://www.cnbc.com/2025/05/06/mattel-ceo-toy-manufacturing-trump-tariffs.html With economics like that, it completely makes sense that tariffs will bring manufacturing back to the USA. /s
https://www.cnbc.com/2025/05/06/mattel-ceo-toy-manufacturing-trump-tariffs.html
With economics like that, it completely makes sense that tariffs will bring manufacturing back to the USA. /s