Trump Trade. It’s the new economic issue that we can’t stop talking about.
President Donald J. Trump, singlehandedly, is attempting to reset the complete global order of trade relationships between the United States and every other country.
Why?
Because President Trump believes that, as the largest (by far) consumer market on the planet, the United States is sacrificing its domestic manufacturing base on the altar of free trade.
We get the lowest prices globally, but we literally lose millions of manufacturing jobs.
Is he right? Will his solutions help us or hurt us? First, history.
Like so many 21st century problems and global relationships, it all goes back to World War II. When that horrible war finally ended (in 1945), the United States was the only industrial power with its manufacturing base intact.
England and Germany were totally decimated.
France and Italy were crippled.
Japan…
