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The Chi-coms will never be trustworthy free trade partners because:1.) They are a totalitarian Communist dictatorship, comrades.2.) They do not respect legal protections for intellectual property.3.) To operate within China, foreign companies must "partner" with a Chinese "company" and "voluntarily" allow that "partner" to access proprietary intellectual property.4.) They engage in hostile cyber criminal activity against American Government and corporate IT systems.The smart thing to do, is to build a more diverse multi-source supply chain. This will give us more leverage when negotiating trade issues with the Chi-coms, and the ability to de-link from China.
I agree but I don't think a blanket tariff on all Chinese imports is the answer.
Our first mistake was granting them permanent Most Favored nation trading status. Before that happened in the 90's it was on an IIRC every two year renewal basis and China for the most part behaved.Now that they don't have to worry about any renewal of their status they've run wild.
There is no such thing as permanent. Revoke the Most Favored Nation status. Our Government. Our Laws.
So now that it has been confirmed that Trump’s tariffs and protectionist policies did not work, will he still attempt them again if he should get a second term? Or will he double down on the same failure?
What do you think?
. Both questions were rhetorical.He was actually boasting that he had to bail out farmers