After the contract was signed, Chairman Zhu of Hua Xia's Iron and Steel Industry Association received a report from his secretary. The US had sent a fax stating that Hua Xia's steel products will be subject to 15% punitive tariffs.
Chairman Zhu knocked on the door of the meeting room with the fax. "General Manager Feng, it is as you expected. The US is doing this again."
"This document is from the US International Trade Commission again? All steel products in the steel industry will be subject to these punitive tariffs. They are really daring. "
Hua Xia's steel products are cheaper than the US, but some of the steel products are about the same price as the US. It is just that the US production is low, and the demand is high.
To Feng Yu, the US is too poor and wants to take advantage of this opportunity. Maybe it is because Hua Xia had not bought the 50 billion USD bonds, and the US had no choice but to do this.
Another important reason is the tire, steel, and other industries' financial groups are Obama's supporters. Obama must give them something in return to help them get higher profits.
Many times, the US policies can be seen from the financial groups supporting the US President. For example, Obama has Microsoft's support, and the US must stimulate the development of the software industry.
Now, Obama has the support of the steel tycoons, and he must protect the interests of these tycoons. Of course, Obama will not say this openly. He will find a high-sounding reason like there are more steel workers in the US, and Washington is helping the US workers.
Why are the production costs of many industries in the US still higher than Hua Xia's industries? The reason is that the US workers' wages are more than 10 times higher than Hua Xia's industries.
No, but the US workers' benefits are much higher than Hua Xia's. The most basic benefits are medical care and pension. Is it because the US workers' wages are higher than Hua Xia's?
The most basic benefits are medical care and pension. The higher the salary, the higher the pension, and the higher the company's subsidies.
The scariest thing is the US's medical insurance. Everyone in the US has at least 10 types of insurance. The US has almost all the insurance you can imagine. The US also has insurance that you can't imagine.
This was similar to the gambling industry in the US. Anything could be insured. For example, singers can buy insurance for their voices. If one day their voice breaks and they can't sing anymore, then the insurance company will have to pay for their losses.
If you had a Husky at home and thought that it might destroy your home while you were at work, you could also buy insurance from an insurance company.
Of course, every insurance must have a risk assessment. As long as the insurance company thinks the risk is manageable, they will accept your insurance.
Insurance was a derivative of finance, and it was naturally a money-making tool created by large consortiums.
There are a few high-paying professions in the United States. When we watch Hong Kong movies, we can also see that these two professions not only have high pay, but they are also very stable. The risks are much lower than those in the financial industry. These two professions are doctors and lawyers.
There was no need to talk about lawyers. There had always been a saying in America that the law protected the rich and lawyers served the rich.
In the United States, if you don't have insurance, then sorry, you can't afford to see a doctor. If you caught a cold, the doctor will check on you and tell you to drink more water. The doctor will listen to your heartbeat, take your temperature, and check your pulse. The consultation fee is 200 USD, and the doctor did not prescribe any medicine.
If you have low blood sugar and are unconscious, and a kind-hearted passerby calls an ambulance for you, you will be in trouble. The ambulance will cost at least 1,000 USD. Just the ambulance will cost 700 to 800 USD.
If you had a red dot on your body and encountered a doctor who couldn't understand it, then disregarded everything and directly gave you a consultation, then the five-digit bill on the bill would make many people rather cut off the red dot with a knife.
Many Huaxia people said that it was cheaper to see a doctor in the United States, but they were fooled. But if you have insurance, it will be different.
Depending on the type of insurance, you will not need to pay a single cent. Even for mediocre insurance, you will only need to pay 20% of the cost.
What kind of insurance do the workers in the United States want the companies to buy for them? 80% of the cost is not enough. Is 100% enough?
No. The companies want 120% of the cost. This is because they still need to pay for nutrition, lost working hours, etc.
Do you think this kind of insurance can be cheap? With this insurance, you will need to be hospitalized if you have a slight headache or fever. Anyway, the insurance company will pay for everything, and some companies can even make money.
The company's efficiency will decrease, and the expenses will increase. How many companies can afford this?
Basically, the cost of living in the United States is too high. Especially the medical cost. It is ridiculously high. Many people in Hua Xia like to buy their own medicine when they catch a cold or fever. They are unwilling to go to the hospital. It is the same in the United States. Their family medicine boxes are selling very well. There are some common cold medicine, anti-inflammatory medicine, stomach medicine, band-aids, gauze, etc., and they are selling for more than 100 USD. In Hua Xia, one might not even be able to sell them for more than 100 RMB.
Some companies can afford the high cost of the insurance. But these workers still need other benefits. For example, steel mill workers. They must have high temperature subsidies, and they still need to prevent other injuries to their bodies. These are called health subsidies.
Most of the time, these subsidies are even higher than their salaries.
To Americans, life should be enjoyed, and work is only to earn money. But when it comes to earning money, it must not affect the quality of life.
You say you are uneducated and have no skills, and you still want to earn money without suffering? Is this reasonable?
This is what the American workers think. If the company cannot meet their demands, it is simple. Go on strike!
If we all quit and no one works in your factory, the daily losses will be a lot. When the Detroit workers went on strike, Tongtong Motors, Chrysler, and Ford Motors suffered a few hundred million USD daily losses. Within three days, those automobile manufacturers were forced to compromise.
The workers who went on strike cannot be fired. If not, they will be sued by the unions. They will feel that this is unfair and is purposely targeting them. They will be fined and ask for high compensation.
It was also because of the existence of these unions that the manufacturing industry in the United States went downhill year by year. Just these medical, pension, and other benefits were enough to make business owners miserable. Not to mention, these people often asked for more benefits. If the business was not making money, how could they increase the benefits?
Many companies went bankrupt because of these unions. But these workers do not care. They feel that the government will settle this. If not, they will protest and blow up the matter.
It is also because of these unions that the US imports of many products are increasing day by day. There is not enough imports. But when the imports increase, the impact on their own companies will be too great. They also do not want their companies to go bankrupt. That's why they came up with these ways to protect their companies.
Now, it is time for both sides to fight.
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