[Oldexpat]

Japan,Korea,and China all used economic nationalism to achieve huge trade imbalances. What’s wrong with the US doing it?

[Trod Upon]

It doesn’t enrich the right (i.e., connected and protected) people.

[conservatism_IS_compassion]

Japan,Korea,and China all used economic nationalism to achieve huge trade imbalances. What’s wrong with the US doing it?

You do not want foreigners to invest in America, you prefer that Americans invest in foreign countries? Why shouldn’t America be the best place in the world to invest?

That is relevant because a “balance of trade imbalance” is nothing other than an investment flow toward the country with a “negative balance of trade." It can have no other cause.