Seems to me they were already elsewhere. But elsewhere means they are no longer in China and that is a good thing. Send more elsewhere.
This is crap. Lets just start by saying we have about all the jobs we can handle. So no problem there. Then there is the fact that the stronger the dollar gets, the lower other currencies get. So if they are investing 5% less, its because their currency is less valuable. Its not that foreigners don’t want to invest here.
The WSJ is just trying to find fault with Trumps great economy. But we have higher wages and more jobs. Inflation is low. And more tariffs would mean a lower national debt. Thats what we need. More tariffs on countries that don’t play fair, like China. Tariffs aren’t bad if they are used correctly.
Hey, NeverTrumper, have you found your candidate for 2020 yet?
Ever since the 60s, the administrations in DC thought nothing about sending jobs elsewhere just to get an agreement or treaty. NOW we finally have a LEADER that is working to bring jobs back home and get fair trade agreements and he is attacked 24x7 by the Deep State TRAITORS.
“FDI into the U.S. from China—the country with which America is on the verge of full-blown trade war—plummeted 87.9% from 2016 to 2018, to $5.4 billion.”
The author misleadingly attributes (or insinuates that) this decline is due to the trade war, when it is really due to the capital controls China slapped on its people, to keep them from taking money out of the country. There was capital flight from China then that threatened to collapse their currency.
That is why the drop is so much greater from China - and also why most of the rest of the world saw a similar crash in Chinese FDI during that time.
Oh the calamity... more jobs than we can fill, record levels for the DJIA, record profits, record low unemployment...
Cutting into real incomes, that rose by 6% last year (non college educated wage growth)....
Globalists will NEVER give up their desire to destroy America