Punishing China with a punitive tariffs will hurt us more than it hurts them. It will raise prices precipitously while manufacturers find a new third world country with cheap labor. Trade deficits are meaningless to average Americans lives. I have a trade deficit with the grocery store, they never buy my goods! So what? If you want to see manufacturing return to America make it worthwhile to do business here, look at the reasons furniture, Levi’s and others left in the first place
I agree wholeheartedly. I like the tax pan and regulatory cuts plus incentives for manufacturers to return to the U.S. that Cruz has laid out. Forbes and Investors BD rank it as the best plan of any of the candidates. Thanks for your post.
The tax has never hurt me. Know why? See if you an figure it out. Try.