China tax

The US was instrumental in helping China move a half billion people out of poverty by setting up manufacturing plants in China which provided good paying jobs and buying products produced in China. China thanked America by stealing intellectual property. They told companies if you want to do business here you must set up a company with China as 51% owner. This then allowed them access to all of the companies proprietary information including technology. China charged large import fees to keep US produced products at a price disadvantage while the US allow Chinese products in tax free. Trump in his push to put America first put import taxes on billions of Chinese imports. Biden has retained these taxes up to now showing the world that he was not influenced by China but now he is talking about removing these taxes. When Trump put the taxes on many US companies operating in China started the process of bringing their production back home but with the recent remarks by Biden these companies have put a hold on these moves feeling that soon business will go back to normal. Americans say they are willing to pay higher gas prices to help Ukraine defeat Russia and they will be willing to pay higher prices for goods made in the USA. Its time to bring those companies and their jobs back home. This will mean higher prices but it will also mean higher wages. Back when I was growing up wages increased more than prices and each year people were getting ahead.