Sunday, August 11, 2019

Unfair trade

Trump was concerned about the unfair trade with China long before he decided to run for president andhe has continued to believe that since the election. How and why did these unfair deals come about. It started in earnest in the 80's as a way to counter the influence of the Soviets. The thinking was that China would offset the Soviet influence in the far east. This combined with US companies seeing a new market of over a billion people, made helping China a win win. As China grew, the friendly trade relationship was seen as an advantage both economically and politically, until the US finally realized they had helped to create a monster. It is now time to correct this trade imbalance by demanding equality in import taxes and protection of US intellectual property.

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