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Alan Spachman's avatar

If international trade has been mostly fair for the past 50 years, why has the US lost tens of thousands of factories, millions of manufacturing jobs and its dominance over many critical industries (pharmaceuticals, electronics, computer chips, textiles, steel, etc.). It's clear to me the trade related treaties we've entered into and the non-monetary trade restrictions we tolerated have benefited other nations more than they benefited the US. This president is the first in my lifetime to highlight the problem and to take bold actions directed at reversing the negative impact of our historic trade practices on American jobs, American companies and America's national security. Trump's answer to the trade imbalances may not be the perfect solution but it's the best and only serious answer I've heard anyone promote. Our traditional politicians have been ignoring this critical problem for decades. We've become a debtor nation with a devastated middle class as a result. It's past the time to be taking major corrective actions. For America's sake, I hope it's not too late.

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Bob Gmitter's avatar

Uh Bill haven't you been complaining how overvalued and fake the stock market has been? I see this as a good purging and healthy for the market.

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