I think you should go back and reread some of the responses.. Yes I agree that a company wanting a .25 cent stamped wrench from China will probably be a lesser quality than a forged wrench from Taiwan.
But... What about a .25 cent wrench from china compared to a .25 cent wrench from Taiwan?
Whether you agree or not.. (Which his fine) I'm not going to call you ignorant, I feel manufacturing specs has more to do with quality versus geography, regardless if your talking about USA, Europe, India, Taiwan or China.
The bolded part here is exactly what I'm talking about. It was explained pretty well in all of the stuff you ignored. There's no such thing as a 25 cent wrench from Taiwan. That was the 70s-90s. You can't even get them to make one now. That is how geography matters.
There is a horrible tier of tool Taiwan in incapable of making. China can and does make it. They LOVE making it because they have a lot of crappy metal to get rid of and a lot of uneducated, unskilled, unemployed people who don't know how to do anything. These tools are just as shiny as quality tools. When you order it, you don't know it's a dog until you get it. Companies have been buying those pieces of ****, and pricing them just low enough to get the purchase over a known quality Taiwan or US tool. Well, or in Sears' case, increasing the price and pocketing the greater profit.
Apex/Craftsman is the best example. Wrench production went to China, they used crappier steel, more were warrantied, they changed open ends to lobster claws in an attempt to stop that, and the list price actually went UP multiple times. Pure profit.
That tier of tool vastly outnumbers the "ok" Chinese hand tools right now.
Meanwhile, you can't find a Taiwanese wrench that needs a lobster claw end because the worst Taiwan wrench available (I dunno...Kobalt? The Stanleys with the fancy open end?) is actually pretty darned good.
Apex/Craftsman could have gotten really good wrenches from Taiwan and still made a really good profit, the way a lot of companies do. They wanted a greedy profit margin, though. Therefore, they went to the place capable of making the crappy quarter wrench and told us it was a ten dollar wrench. That's why geography matters and why you can't compare 25 cent wrenches. That's why Taiwan (and even the worst US tools) tools are "safe." There's no trash. The worst possible outcome is "ok" because they no longer have pot metal and peasants sitting around.
"Geography doesn't matter, only the retailer's standards do" is a horribly flawed black and white statement ignoring that geography is very important when some countries are so modernized that they are flat-out incapable of producing outright rubbish.