Posted on 01/16/2024 10:09:24 PM PST by E. Pluribus Unum
United States Chamber of Commerce CEO Suzanne Clark made a veiled attack against former President Donald Trump’s economic nationalist agenda, declaring that tariffs and reshoring America’s manufacturing base threaten the global economy.
During Clark’s annual speech to big business late last week, the Chamber executive said Americans must embrace globalization and free trade rather than seek to reshore American jobs that have been lost to China and other foreign countries over the last three decades.
Alone, the U.S. trade deficit with China since 2001 has eliminated nearly four million American jobs. Almost three million of these lost jobs, or about 75 percent, were in the nation’s manufacturing sector.
“Let’s be very clear: In a global economy, and in fragile geopolitical times, it is in America’s best interest for other economies to grow and succeed through free markets. Prosperous nations are stable nations — they become partners, allies, and ballasts against authoritarianism,” Clark said:
A global trend of protectionism, including here in the U.S., puts all of this at risk. To turn inward — to throw up trade barriers, impose tariffs, stop doing trade deals, reactively repatriate supply chains — is to inflict harm on our own economy. It robs our businesses and workers of new opportunities, and it raises prices for every American. [Emphasis added]
Like the free markets, the global economy is not a zero-sum game. Someone else doesn’t have to lose for us to win. On the contrary — the rise of the rest means new customers, new markets, and new allies, for us. [Emphasis added]
(Excerpt) Read more at breitbart.com ...
As I keep saying: Trump has ALL the right enemies.
China is taking the spoils of most “free trade,” particularly with Asia, because it kept its manufacturing and technical prowess.
So, no new jobs for Americans and no new jobs for 10 million new illegal aliens.
Is the “Globe” going to pay to keep us all on welfare?
How about it, Suzanne, is China going to fund that?
Maybe than cozy up to aarp assclowns.
I always thought the Chamber of Commerce was Our Chamber of Our Commerce. What a fool I am.
“...to throw up trade barriers, impose tariffs, stop doing trade deals, reactively repatriate supply chains — is to inflict harm on our own economy...”
For anyone who still doesn’t understand why Corporate America is the enemy of the middle class: This is why !
Also, “repatriate supply chains” is the necessary condition to have an industrial base that can supply a functional military.
But the Chamber of Commerce doesn’t care about that either. They just front for the Military Industrial Complex and their Gucci purse/ Vuitton lunchbag weapons.
U.S. chamber of commerce more worried about other economies instead of our own, but of course.
Failure to perform the sworn duties is the hallmark of the Biden admin.
“On the contrary — the rise of the rest means new customers, new markets, and new allies, for us.”
Iran
China
Saudi Arabia
Eeekkraine
North Africa
Mexico
Cuba
Malaysia
Iraq
Afghanistan
Pakistan
India
Egypt
“allies” all-lies
They don’t plan on keeping many of us alive.
Apparently this stupid woman has not noticed china for the last 40 years.
There used to be a free trade propagandist who would pop up on threads like this night & day to spout globalist gibberish like clockwork.
I don’t remember his nick, but it seems that reality finally silenced him...
The CoC has been one reason I support the candidates I do.
It’s like unions supporting illegals to undercut wages.
The CoC favored sending our commerce overseas.
It's not 1990. Nobody believes this any more — the example of China has proven that this notion is false.
True. I wonder if Suzanne realizes that she won’t be one of the fortunate either?
The world’s economic system IS in chaos due to bidenomics sinking America and exporting our inflation.
Still shows the power and influence over the global system.
A Trump win is a return to sanity.
The Marxist children of the white guy have to make way for the adults to run the country again.
White guy
Equals
White hut
The globalist ‘authoritarianism’ argument is such a farce.
AFAIC, it is the United States Chamber of Communism. All they are interested in is cheap labor with the taxpayer picking up the tab for the massive extra costs these illegal slags bring with them.
So wrong. Previously 3rd world, developing and former colonial nations use their prosperity via their backward or feudalist cultural ways as a sort of cold war and payback against the ones who created the prosperity. They do not become partners or allies with those they envied and hated throughout Colonialism and the Industrial Revolution.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.