Cheap manufacturing is one thing, good for all and yea for capitalism- unsafe is another and it was bound to happen.
Just a refresher: Petfood, Toothpaste, Seafood, lead painted Toys and now Tires.
The world is looking at their products in a different light. It must be frightening.
They have been cracking down on manufacturers and putting money into food and drug safety.
But they sure wigged out on our beef when we had that one mad cow.... from Canada.
Since my Google is still messed up I cannot find out what percentage of their exports come here but I assume it is large and any backlash ie: new tariff tax policy would be devastating for thier economy. no? We are still ranked above them in world currency rates right?
I have a hard time grasping big pictures of PPP and personal GDP rates so early in the morning.