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Best Web OpEds    H3'ed 9/24/19

Trump May Get Much of the World's Manufacturing Out of China, But It Won't Be Coming Back to the U.S.

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There's no doubt that both Washington and Beijing will likely making soothing noises to the markets in order to create favorable conditions for the trade talks
There's no doubt that both Washington and Beijing will likely making soothing noises to the markets in order to create favorable conditions for the trade talks
(Image by The White House - Public Domain)
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In the words of Ferguson : “The Chinese did the saving, the Americans the spending. The Chinese did the exporting, the Americans the importing. The Chinese did the lending, the Americans the borrowing'.

The cumulative stress of Donald Trump’s escalating trade war is leading to if not an irreparable breach between the two countries then certainly a significant fraying.

The imminent resumption of trade talks notwithstanding the rising cost of the tariffs is already inducing some U.S. manufacturers to exit China. But in most instances they are not returning to home shores.

Read the rest of the story HERE:

At www.counterpunch.org

 

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Lance Ciepiela is a retired senior who had an interesting career in government service - a United States Marine Corps (USMC) Vietnam-Era veteran, who became interested in restoring the Constitution after I realized that W Bush had attacked (more...)
 

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Lance Ciepiela

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Needless to say, manufacturing jobs have not come roaring back since Trump took office. The president's tariff war has made imports more expensive for US manufacturers, and now the industry is shrinking. Last year, GM said it would slash 14,000 jobs in North America, and would move forward with plans to build the Chevy Blazer in Mexico.

Submitted on Tuesday, Sep 24, 2019 at 3:52:30 PM

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Kenneth Lee

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I'm quite encouraged by the knowledge that Play-Doh is once again and AMERICAN-MADE product. For me , that pretty much sums up this whole 'trade war' thing.

Submitted on Wednesday, Sep 25, 2019 at 4:08:41 PM

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