slug zitski
Super Anarchist
Trade flows...globalization ...have not benefitted US manufacturingTrump's right when he says that the US has been taken advantage of, the Tariff approach is akin to performing heart surgery with a splitting maul. If he had an ounce of foresight, he'd engage the WTO and propose a multi-lateral approach to dealing with China's dumping, not try to apply the blunt hammer of tariffs.
the world uses the US as consumer of choice , then protects thier own internal markets with tariffs.
the Germans export one million cars a year to the US , at very very low import tariff, but protect the European Market with high tariffs , equal to the profit on an American car , to prevent American cars from gaining market share .
im glad that Trump is confronting this issue.