As the author notes however, we should not be dependent on an essentially hostile communist China for anything, but we are for a lot of stuff.
The grand Strategic de-coupling of the US and communist Chinese economy will probably continue this year. The tariffs remain in place, and many important non-tariff factors have shifted, but have not yet had their effects show in the quarterly or annual numbers.
The effect of the corona virus alone might be another strong driver to get more production to shift out of China.
China trade Ping.
Much of China’s low cost production is being outsourced by them to countries like Cambodia, Vietnam,Laos, Burma, Bangladesh or North Korea
Bat soup. Hot dogs. Pangolin pie. Where else are you gonna get that stuff?
Maybe we can leverage this into COOL (Country Of Origin Labeling)?
While I think that we should still greatly reduce importing goods from China I think it would be a mistake to flappy eliminate trade with them. countries with cordial business relationships are much less less likely to go to war with each other.
The coronavirus was an act of war. They need to pay. If not a joint venture annihilation by the US and Russia, then an “involuntary isolation” where we pull out of china and burn everything we leave behind. We kick their POS students out of our universities and cities and force universities to stop accepting money/stop pandering to this garbage country and their evil leaders.
I like cheap Chinese goods and I don’t care for protectionist opinion.
Israel, a true partner in freedom and liberty.
“If it can’t be made in America, it should be made Anywhere But China”
But where, exactly, is something ‘made’? Easy example: Most of the drugs used in the United States are ‘made’ in India.
Sounds like China can’t hold our throats regarding drugs.
EXCEPT where are the ingredients India uses sourced? You guessed it, China?
Don’t get me wrong, it’s great to bring down trade with China, and 17% is outstanding in one year. But it will take a HUGE EFFORT to completely clear ourselves of China’s tentacles, or even come close.
If for no other reason, companies should move their production out of China because we can now clearly see how Chinese carelessness can quickly bring production to a halt, possibly for many months.
These are quite encouraging numbers, esp. if they are not adjusted yet for US economic growth (which, all else being equal, would increase the trade deficit numbers a bit.)
POTUS should, well, TRUMPet this!
Hopefully the latest trade agreement with China will help further, especially on the US’ exports side, which helps grow our economy.
First, America.
Next, the Anglosphere.
Third, allies.
Fourth, any country that is not Red China. Pacific Rim allies are good. Help strengthen hem against China.
If its electronic, then it has a high percentage of being compromised if its made in China
While that is true, we have always been the kind of nation that rises up when necessity rules the day.
Bought a ballcock for my toilet at WalMart last week. Looking it over before installation I was caught by surprise when I saw these words molded into it...
MADE IN USA!!!!!
I wish Colgate-Palmolive would make toothpaste in the USA, instead of Mexico. I was at the boat show a few months back and on the Bayliner, it said Made in Mexico.
If Trump could build a left and right consensu on this, that’d be huge.
His trip to India next week is probably not coincidental.