If the prices remain high on many goods imported into the United States, the Cost of purchase of things Made abroad will skyrocket. This raises the question: is it possible to buy most, or more, of the United States products?
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In fact, what would a lifestyle and a really “made in the United States” look like? Is it even possible? Experts explained the impact.
When something wears the label or claims to be “made in the United States”, this implies that it is manufactured from start to finish in the United States, according to Vincent Caballer, an expert in veteran manufacturing and founder of Medpak solutions. This means that its workers, materials and machines are all based in the United States
“This also implies that there are regulations and controls to ensure that the product is safe, health and does the work it has to do,” he said.
The purpose of these products is to emphasize “supporting local jobs, stimulating the economy and often aligning with values such as best quality and sustainability”, according to George Carrillo, CEO of the Hispanic Construction Council (HCC).
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Fully Getting involved in this lifestyle is difficult For the average consumer, Carrillo explained. “The reality is that more than 90% of electronics are imported and that the national options affordable for articles such as clothing or toys are limited due to globalization,” he said.
Caballer added that production of products in the United States means paying employees good wages, obeying safety regulations and using quality materials. “It makes it more expensive.”
American manufacturing products are generally 20% to 50% more expensive than imports, said Carrillo. For example, a t-shirt made in the United States could cost $ 25 for $ 10 for an imported option. Likewise, a sofa made at national level could be estimated at 40% to 60% higher than that imported.
Cars and kitchen products may not cost much more if it is fully manufactured in the United States.
Although the initial price of purchase “manufactured in the United States” is higher, Caballer said that American manufacturing products tend to last longer.
“They are built to last, so you don’t need to buy new ones as often. It saves money at the end. And if you want to sell it in the future, like a used car, it could be worth more,” he added.
Unfortunately, most consumers do not fully understand the compromises between national and imported goods.