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Stern, 2017You're currently viewing posts by Pinsider mbaumle.
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From what I remember, Brazil has extraordinarily high import taxes and tariffs. Perhaps Stern sees this as an opportunity not to offload labor to other countries, but instead to satiate demand in other countries by manufacturing the product there to negate import taxes.
If that's the case, it would then probably make sense to have a European factory as well.
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