Whenever you’re at home, look around at what might be a manufactured good. Let’s start with your kitchen! Go and pick up any electronic device and find out where it was made? Chances are it was manufactured in China. With the U.S. economy bordering on a historical depression. The Covid-19 pandemic has changed everything associated with life in America. Unemployment and foreclosures are at record highs, the need for financial due diligence becomes apparent.
China is a declared communist regime! The Nixon administration was credited for opening modern diplomatic relations with the sleeping giant. The inner-city classmate majoring in Chinese, I went to college with, becomes a profound gesture. She had the insight to take advantage of the awakening power of U.S.-Sino relations. Individuals of African descent are not receiving enough business contracts. An obvious consequence, of an overall maligned trade practice.
Some would denounce creating a more favorable U.S. tariff with China as protectionism! There are elements within the U.S., that consider trade deficits an attack on national security. What if one day China told the U.S. not to pursue an embargo on a terrorist sponsoring nation; at least not until they finalize a trade deal? The Wheeler-Lea Act of 1938 enabled the FTC the ability to suppress unfair trade practices, whether unfair to competitors or consumers. "Trading with the enemy act of Oct.6, 1917"; May be an attributed point of reference as well.
Keeping the American worker gainfully employed should not be a conservative or liberal agenda, but a U.S. agenda. As recent college graduates raise their hand patiently within the opportunity lecture; a cautionary tail arises with proponents of skilled workers afforded work visas, while companies fail to demand efficient HR recruitment practices. Devoid of xenophobia, there are a multitude of highly skilled workers right here in the U.S... Foreign investment affects the average American in so many different ways. China has saturated our country with cheap goods. There is a direct correlation of the wares pricing, and its competitive effect upon U.S. manufacturing. The working-class American is forced to accept low wages associated with the Sino attack on our overall GDP and the U.S. worker. NAFTA created parity for Mexican citizens, but not blue-collar American workers! You don't have to fight a conventional war with the U.S., when you can undermine their economy. The rust belt understands the dynamics of a bad trade initiative. When you control how U.S. citizens acquire gas or local services, you undermine mom and pop stores throughout the U.S. Global trade has to be about trade deals that create parity along all lines.
NAFTA was detrimental to the U.S. businessman. Should the FTC/SEC collaborate with the State Department and NSA in a more deliberate manner? Further, as it relates to quantifiers of foreign investment, Threat Levels [National Security], and Trade Deficits, which just hit $3.1 trillion? The U.S. trade deficit in goods and services was $616.8 billion in 2019. Imports were $3.1 trillion, and exports were only $2.5 trillion. Globalization will contend with protectionism; until the WTO, and foreign regimes, begin to create parity along all lines of global trade. My former boss comments lend to the aforementioned subject matter,” I started CGI in 2005 to help turn good intentions into real action and results” William J. Clinton, 42nd President of the United States. Wal-Mart is involved with CGI. Wal-Mart is a company that relies on China for a number of manufacturing goals
