Yeah, a 38.5% tariff is free trade when our trading “partners” place them on us, but the WTO restricts us from nearly all tariffs.
Those trade negotiations are going nowhere because they all go one way - against the US. Very few of those Asian nations have any intentions of buying anything from us, but want access to our markets.
Time to reign in our trade imbalance with China.
Remember, our trade imbalance was done by China, but the American businesses also helped.
THEY have been instrumental in building up China.
By selling the infrastructure to China. Don’t forget for a moment, there is an entire American infrastructure which is heavily invested in making things in China, and selling them in America.
That infrastructure, is NOT our friend. It is completely sold out.
But it is very big. I think it is time however, to bring manufacturing back to America.
There however may be a big brouhaha when that begins. Remember when you see various “American” interests yelling about what is happening.
They might just be making money, from the way it is set up right now.
Remember they are 100% sold out.
“Very few of those Asian nations have any intentions of buying anything from us, but want access to our markets.
Time to reign in our trade imbalance with China.”
America is by far the largest consuming nation. Last I checked Americans purchased about 29% of all goods and services purchased in the world. Other nations very badly want to deal with us because of the vastness of our markets.
I would trust Trump to get the best deal for us that he can get, even though it may not be all he would like. It is the very nature of negotiate and he understands it well.
I suggest reading Trump book, “The Art Of The Deal” for a clear understanding of how he thinks in this area.