many companies all over the world hear as their business goes down the drain.
Traders in the distant past found good far far away, in distant lands and imported them to USA/Europe etc and often made huge profits. By control over sources by distance or contractual right or a royal decree, these traders became the huge mercantile traders of the olden days, when stuff went by camel or sailing ship etc.
Fast forward to the era of the container ship, computerized customs clearing and full information via the web. You can now order a 10 pound amount from Alibaba for $10 a pound, delivered to your door by UPS for $100 plus local freight and the small duty (under 5%). The local guy who used to buy 10,000 pounds and import it, store it and break it down to 10 and 25 and 50 pound lots to buyers is totally screwed. He can no longer ask for $30 per pound - or more. repeat this with the 5000 differnt products he imports to his warehouses and sells and hie reason to exist vanishes, along with his employees, his warehouses etc.
All that remains is a container yard and each container holds hundreds of pre-sealed and addressed boxes, with all import papers done online, with each imported earning the complete trust of US customs by never making an error in prior inspections of random boxes = very low cost and delay in the process.
This is part of the great commercial leveling that is underway (and has been underway for the past 50 years, with electronic communications and container freight and relaxed trade barriers).
So stuff gets cheaper, jobs here go away, and jobs in other places happen. The only way to fix this it we all get the same wages for the same work all over the world - which is slowly happening. After all, why should guys in China work for less than we do? we are all men and women of equality?