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More than a third of Americans refused to buy Made in China

More than a third of Americans refused to buy Made in China

The differences between the two countries and Washington’s harsh rhetoric lead to the fact that fewer and fewer Americans are ready to buy goods made in China. This is happening against the backdrop of the White House’s attempts to transfer production back to the United States.

More than a third of US residents do not intend to buy any Chinese-made goods. This follows from a study by FTI Consulting that Bloomberg drew attention to.

40% of respondents said that they would not buy goods manufactured in China. Another 34% said they were ready to buy goods under the “Made in China” label, but they did not really enjoy it. Only 26% said that the Chinese origin of the goods would not have any effect on their choice.

The “Made in China” sign has a maximum effect on Americans' purchasing preferences compared to others, the survey suggests. Least of all Americans are confused about the origin of goods made in Europe - only 12% said they were not ready to buy things made in this part of the world. In second place - products from Latin America - 84% of respondents would buy the things they made there with varying degrees of readiness, and only 16% would refuse this opportunity.

78% of Americans are willing to support economic protectionism with their money. They said they were willing to pay more for the goods if they knew that its production was transferred from China to the United States. 55% of respondents do not believe that China can be trusted in fulfilling its January trade deal with the United States.

The survey involved 1012 people aged 18 to 91 years. The survey was conducted from May 12 to May 14. The statistical error is estimated at no more than 3.09%.

Bloomberg notes that this view seems uncharacteristic for the Americans, who usually advocate freedom of trade and against radical protectionism. The agency refers to the Gallup poll, according to which almost four-fifths of Americans perceive international trade as an opportunity, not a threat, and the proportion of US citizens who think so has grown steadily over the past decade. However, disagreements in relations between the two countries that have arisen in recent years have an impact on the position of the Americans. Such moods and statements of the authorities of the country are encouraged. The need for economic protectionism has been repeatedly stated by Donald Trump.

“A huge amount of money was stolen by China from the United States, year after year, decade after decade. Our great American companies will now receive orders: immediately look for ways to find an alternative to China and transport production home, ”the U.S. president said on Twitter in August 2019. In the comments to the post, some users noted that it was in China that propaganda products were made in support of Donald Trump, including caps with the inscription Make America Great Again.

The transfer of production from developed countries to China and other Asian countries is associated with attempts to reduce the cost of production. In early May, Reuters, citing sources in the administration, reported that US authorities were trying to get US companies to reverse the transfer of production. For this, the possibility of introducing tax benefits and special subsidies is being considered.

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