re: Breaking: China offers a way to eliminate US trade imbalance. HAIL TRUMP!

It shouldn’t be about the trade deficit, it should be about the conditions that allow China to undermine all other producers. If they are going to maintain their protectionist practices, and only allow a six year window to allow one exception, and go back to normal then that’s a giant failure. 6 years for the Chinese to go back to the old ways? frick. That.

The world’s supply chain needs a 20 year shift where honest actors are allowed to get their goods to market, and that only happens if China takes a huge, and sustained hit. This is why reciprocal tariffs are mostly a good thing. They maintain competitive balance and let the best producers produce. It’s sad that the Republican think tanks have perpetuated this “China’s protectionism is basically foreign aid” Bull shite line for 20 years and every armchair economist bought that stupid reductive statement hook, line and sinker.

Had the Republicans maintained any sense of measured economics outside of some PE dweebs with a CFA level one parroting “EBITDA”, then maybe we wouldn’t be in this mess. The idea that the US shouldn’t manufacture shite because we are an “advanced” and “service” economy is also one giant line of bullshite. The Germans didn’t concede manufacturing to the Chinese wholesale. I mean they’ve moved plenty of factories to Bratislava for the cheap labor, but they have “Industry 4.0” and some of the most advanced factories in the world. The fact the US doesn’t is shameful. The idea that letting China build stuff is some “free market” ideal, when they don’t act to protect the free market as well, is dumb.