Monday, June 18, 2018

Trade War





Trade War

Trump is giddy on a power rush through starting a global tariff war he feels is easy to win.  China, he feels is victimizing the American market and equilibrium must be re-established.  But before we blame China, point fingers, or buy more of Trump’s fake news, we should recognize that China did not steal jobs and clandestinely move American manufacturing to Asian shores.  Greedy American CEO’s, Boards and Companies made conscious, short term profit motivated decisions to off-shore production away from American sources.  America and others gave China the ability to be the factory of the world and to manufacture on a global scale, so we, as consumers, could buy cheap in North America.  When Trump finds this reality inconvenient it is easier to accuse then to rationally resolve and look at the greedy domestically based profit motive that created the mess in the first place.  The Chinese are only guilty of being eager recepients.

Marty Rempel





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