The Trump Tariffs are all about two major issues:
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1) Other countries are and have imposed tariffs on our goods far beyond the tariffs we impose on them thereby disadvantaging our industries and limiting our workforce.
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2) The US has aided and abetted other countries to become the manufacturing and technology entities for most of our goods and materials thereby limiting US high-paying manufacturing jobs and leaving the US with service-type businesses ie:
I cut your hair, you sell me insurance.
This includes many items that were invented here in the US but now others build, test, support and control the products, tools, processes, test equipment, skill-base and intellectual property.
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Much of this ‘benefactor view toward foreign entities’ resulted from World War 2 policies to help other countries recover, including our vanquished enemies to recover, those conditions are long gone.
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These two issues have resulted in a very high-risk economic basis for our country and our people.
Our major avowed adversaries, China and Russia and their associates could economically-blackmail the US or in a physical confrontation they could severely impact our national defense!
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The Obama-Biden administrations totally ignored and in many cases exacerbated the ever increasing threat and risks to our standard of living, opportunities and national defense.
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The US must establish a major solid “America First” economic base to compete with a new-world order of economic and military competition.
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Clearly the EU depends on US for their success going forward and they need to stop their bitching and step-up to a new world reality!
Perhaps Putin’s invasion of Ukraine is a wake-up call.
It appears they are responding to the modest 2% budget challenge.
Who’s at 2 percent? Look how NATO allies have increased their defense spending since Russia’s invasion of Ukraine. - Atlantic Council
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A touch of US education optimism is the introduction of STEM (Science, Technology, Engineering and Math ) in many of our schools.
Would be a nice touch if we could resurrect the technology enthusiasm of the Sputnik age:
http://roanokeslant.blogspot.com/2020/10/sputnik-day-october-4-1957.html
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The Case for Tariffs WSJ
In the global trade revamp, American companies need certainty and protection to outdo their foreign rivals.
The Case for Tariffs - WSJ
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The Case for Tariffs WSJ
In the global trade revamp, American companies need certainty and protection to outdo their foreign rivals.
The Case for Tariffs - WSJ
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US Schools Failing Our Children And US
US Schools Failing Our Children And US