It appears that we have China in a bit more of a vice than the news media here in the States has been telling us.

Bloomberg, this morning:

Giant Manufacturing Co. saw the writing on the wall early on. The world’s biggest bicycle maker started moving production of U.S.-bound orders out of its China facilities to its home base in Taiwan as soon as it heard Donald Trump threaten tariff action in September.

“When Trump announced the plan of 25% tariffs, we took it seriously,” Chairwoman Bonnie Tu said in an interview at Giant’s Taichung City headquarters in Taiwan. “We started moving before he shut his mouth.”

Giant is part of a growing number of global firms that are pivoting production out of China in reaction to the increasingly hostile trade relations between the two superpowers. Intel Corp. this week became the latest to say it’s reviewing its global supply chain, while Li & Fung Ltd., the world’s largest supplier of consumer goods, said the trade war is spurring it to diversify away from China.

That’s just two suppliers of many that are in the process of moving out of China and two more Western friendly sources if not directly to the United States.

A third: Black & Decker is leaving China and putting a plant up in the states. and so on, and so on, and so on right on down the line, this is happening.

These are the jobs that BHO told us we’re never coming back. Well guess what? They’re back and our economy is once again the envy of the world.

There are those who argue against tariffs, claiming they support free markets. I suggest that markets with a Communist dictatorship that refuses to follow international agreements is anything but free trade.

Reynolds adds an important point, referring to recent Iranian actions, and showing us that tariffs are not the only actions being taken…

Just remember, before fracking we had to be able to keep the Straits of Hormuz open. Now all we have to be able to do is keep them closed. And if Iran decides to close down oil shipments from the Gulf, it’s basically an oil embargo on China.

So not only are orders to manufacturers in China dwindling at what China should be considering an alarming rate, China’s manufacturing ability will also be disappearing given the state of energy supplies in that country.

The Chinese has been playing us for fools, ever since Nixon. I for one am glad to see someone with the stones to put the stop to it. I say once again, Trump was never my guy but I have to admit, he’s got this one 100% correct.