Friday, January 27, 2017

America first

Free trade is good if all participants play fairly.

Our trade agreement with Mexico and Canada is STUPID. It encourages the labor-extensive jobs to move to Mexico such as auto assembly. The import from Mexico does not help our consumers a lot.

China is a different story. The low-cost stuffs help our consumers. However, we have to make sure they do not dump the products we have not given up and ensure they do not set up barriers to our products. China will agree for we should cut the trade deficit by half.

Brits have nothing to offer as we manufacture similar products. We're the competitors rather than traders.

No comments:

Post a Comment