This article was originally published on ETFTrends.com.
By Stephen McBride via Iris.xyz. What do an iPhone and Nike sneakers have in common? Both are made by iconic American companies. Both are also made in China. American goods used to be made in America. Then cheap labor transformed China into the “world’s factory.” Today we get 80% of our air conditioners, 70% of TVs, and 60% of [...]