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Great Article about the Problems with a Trade War
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(04-04-2018, 07:40 AM)The Real Marty Wrote: I would encourage everyone to read this. It's written from the point of view of a free trader, and it lays out the considerable problems we would have if we engaged in a real trade war with China. From your article: Quote:The right way to approach trade with China is not to provoke an unwinnable trade war, but to seek international cooperation to address issues of mutual interest. In cooperation with other advanced economies, the United States should seek to encourage reform in China to address issues of intellectual property and steel overcapacity. How clueless can the author be? The US has been using just those approaches he recommends for the previous three administrations, with no success. Will Trump's threat of a trade war succeed? Maybe, maybe not, but at least it has a chance, rather than an approach that has a 24 year record of failure. Or maybe you are among those who think that just letting China continue to steal intellectual property is a better alternative? That's certainly a valid position to take, although it wouldn't be my position. "Why should I give information to you when all you want to do is find something wrong with it?" |
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