It is safe to assume China prefers a president Biden. It is also likely they will try to influence the election by stalling on a trade deal until they see who will get the Dem nomination. Should we make tariffs permanent and walk away? @GordonGChang
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Long term, the winners will be those designing and building factory robots.
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Perhaps. But, it's never worked out that way. Plus, it's really inefficient to have govt involved with shuffling $ around. Far better for everyone involved to remove govt from the equation (outside of preventing fraud). There's no tariffs btw states. Principle is the same.
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Great! Now tell China.
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I like that idea. But will be a bit painful in the short-run as markets adjust. China is becoming the new colonial power in the world. We need to help strengthen North and South America. Maybe Central America needs to become states of America.
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Some to the US. Apple can afford it, and Foxcon can resurrect the original plan in WI, and perhaps assemble iPhones there.
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Well all the countries that buy your 2 trillion$ of exports are all furiously looking to replace made in USA products with a stable and fair trading partner
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South America will engage in IP theft as well. Any poor country will.
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Long term, we build robotic factories and do not need low cost China labor building products that must be shipped halfway around the world.
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