“your proposal is basically anti American in the sense we are a free nation”
Our economic competitors are mainly China, the EU and Japan.
China certainly isn’t free.
The EU certainly believes in import rejection by regulation and language multiplicity. How’s your Welsh? Can you even read the laws that govern business in Cardiff?
Japan simply works with the understanding that Japanese will do what is good for Japan. If Japanese regulations won’t stop the flow of American goods into Japan, Japanese patriotism will.
Strangulation of American exports by regulation, verbiage and nationalism is how the rest of the industrialized world plays ball.
Financial balance requirements simply mean when nations play economic ball, they all win, not just China and the sliver of the USA north and east of NYC.
A sensible approach for a healthy domestic economy. They've held their own despite an aging, shrinking population and a financial situation that's just as shaky as our own if not more so.