POTUS isn’t starting any trade war… it’s been raging for decades and we keep losing.
People MUST understand our nation’s solvency and sovereignty are at stake here.
President Trump inherited this trade war, and he’s an atypical politician determined to actually do something to fix the problem. The Trump Doctrine involves finally enforcing rules and standards to level the playing field – which proves the wisdom of private sector perspective brought to the White House.
President Trump is consistent on tariffs. He’s preached about fair competition via tariffs for decades, so why all this feigned shock at his recent proposal?
No matter though, because middle class Americans concerned about our industrial demise “get it.” And we see the heads exploding over this issue sit atop career bureaucrats, globalists and typical politicians who’ve done nothing to fix trade imbalances… which pretty much says it all.
Check this out, from Breitbart:
Decades of “free trade absolutism” by America’s elites, “where we unilaterally disarm while our opponent commits economic warfare against us,” have undermined American national security, decimated the U.S. manufacturing base, and betrayed middle and working class Americans, said Breitbart News’s Senior Editor-at-Large Rebecca Mansour during a opening monologue on Thursday’s edition of Breitbart News Tonight on SiriusXM.
Mansour praised President Donald Trump’s intention to go “full economic nationalist” by levying tariffs on China to “protect American industry” from China’s dumping of steel and aluminum.
Nearly 60 percent of American voters say imposing tariffs on Chinese dumping of steel and aluminum is crucial to the United States’ economic relationship with China, according to a Tuesday-published Morning Consult poll.
The status quo of trade between the U.S. and China — pushed by Washington and Wall Street elites — has harmed America’s national interest, said Mansour:
These policies of the free trade absolutists have put us in a dire situation. This free trade absolutism – where we unilaterally disarm while our opponent commits economic warfare against us – is not what our founders envisioned. And it is certainly not what made this country great. The American system that made this country great, that built this country into the strongest economic superpower the world has ever seen, was based on protecting our manufacturing and having a financial system that lends to our manufacturers.
Trump’s tariff proposal is about our national security and our economy. You have understand, folks, the loss of our manufacturing base, which our founders clearly saw as crucial, is dangerous and destabilizing, not only because it hurts our workers, but also because it weakens our sovereignty by making us dependent on foreign nations. That’s what is happening right before our eyes. We’ve become dependent on China for the necessities of our national life and for the loans to pay for them.
Here’s even more:
Mansour read from Pat Buchanan’s Suicide of a Superpower:
In the first decade of what was to be the Second American Century, a net of zero new jobs was created. Average households were earning less in real dollars at the end of the decade than at the beginning. The net worth of the American family, in stocks, bonds, savings, home values, receded 4 percent. Fifty thousand plants and factories shut down. As a source of jobs, manufacturing fell below health care and education in 2001, below retail sales in 2002, below local government in 2006, below leisure and hospitality — that’s restaurants and bars — in 2008, for the first time. Be it shoes, clothes, cars, furniture, radios, TVs, appliances, bicycles, toys, cameras, computers, we buy from abroad what we used to make here. Our economic independence is history….
Starting in the 1980s and accelerating with NAFTA and GATT, the United States set out to meld its economy with those of Europe and Japan and create a global economy. We decided to create the interdependent world envisioned by such nineteenth-century dreamers as David Ricardo, Richard Cobden, Frédéric Bastiat, and John Stuart Mill.
That experiment did not work out well for the free-trade British in the nineteenth century, who were shouldered aside in the struggle for world primacy by America. But our generation would make it work for the world. What happened was predictable and was, in fact, predicted. With the abolition of tariffs and with U.S. guarantees that goods made in foreign countries would enter America free of charge, manufacturers began to shut plants here and move production abroad to countries where U.S. wage-and-hour laws and health, safety, and environmental regulations did not apply, countries where there were no unions and workers’ wages were below the U.S. minimum wage. Competitors who stayed in America were undercut and run out of business, or forced to join the stampede abroad.
In that same first decade of the twenty-first century, the United States issued 10,300,000 green cards inviting foreigners to come compete for the remaining jobs of U.S. workers.
Read more here at Breitbart.Note: The author of this article has included commentary that expresses an opinion and analysis of the facts.