“Between tariff wars, talking down business and deficit spending, Trump is killing us. One step forward; three steps back.”
Do not agree. We have been in a tariff war for 30 years even with most of our ‘good’ trading partners. Or, to put it another way, we have been getting raped for 30 years by the entire world.
I don’t know why so many on this forum cannot understand the difference between free trade on paper and free and fair trade in reality.
I worked for Uncle Sam overseas for many years and saw it and reported it constantly.
Our trading partners cheat. Almost all of them including Europe. Whether it is Japan letting goods rot on the dock because of ‘safety’ concerns or China running unofficial 500% tariffs on all US goods (and even US branded goods manufactured in China!) there is a huge disconnect between free trade theory and reality.
We have to deal with reality. We have to force countries to stop cheating and stealing - or we have to stop trading with them. Period. Anything less is naïve and suicidal.
We have a huge internal market and could do just fine with zero international trade. It will not come to that but have to stop pulling our pants down and bending over because we are enamored with an idea to the point we are blind to its real world practices and consequences.
We have a huge internal market and could do just fine with zero international trade.