Why are we helping NY?
This process has already started. With the tariffs and trade restrictions Trump applied to them, trade with the US was down 14% in the first quarter of 2020, January through part of April, costing their producers and government around $38.5 billion for 3 plus months. And others have joined in the dog pile as exporting world wide from China is down, as of a month ago, 21% and the lowest it’s been in over 20 years.
Funny thing is, the largest product by volume sent over here is shoes. Barefoot boy cheeks of tan. Trump is quietly, and for a while has been, cutting them a new one.
I voted for a CEO, not a politician. Got what I wanted for a change.
rwood
And here I thought Kodak went bankrupt and out of business years ago because it refused to innovate. There’s even a documentary on how it invented the digital camera, and then thought it was not worth developing because it would eat into its film semi-monopoly, and then Asia grabbed and developed the technology.
President Trump is in fact a genius.
Next up: Tik-Tok
and no, it’s not for Microsoft, whose founder is a worshipper of China’s leaders and their eugenicist wet dreams.
What would be a good American company to broker a buyout of Tik-Tok USA?
Kodak and you think about film. That was their problem...not innovative. They missed the boat but think of film??? Not in this generation....Copiers....
President Trump knows how the real world works, and it is not based on some abstract Utopian economic theory that Bill Kristol gleaned from the pointy-headed professors, eggheads, and "nattering nabobs" (to quote Spiro T. Agnew).
Meds, of course. But let’s not forget hardware and wire. We can’t build anything without nuts, bolts, screws, rivets, wire, connectors, switches, micro chips, circuit boards ... that all went to China, too.
It scares me to think the US is kind of like the South before the Civil War (except no slaves, thank goodness) ... we sell raw material like grain, meat, timber etc. and buy back finished goods from China (like the North in the Civil War. With added human rights abuses)
God help us in a hot war with China.
This is exciting news.
It is imperative that we minimize all trade with China.