Posted on 04/07/2025 4:20:03 AM PDT by MtnClimber
The globalists promised us that trade integration with China would benefit us. Look what happened instead.
Twenty-five years ago, President Clinton used his remaining time in office to advocate on China’s behalf. He argued that the communist regime should be admitted to the World Trade Organization and that the United States should grant the totalitarian state permanent normal trade relations. Critics of China pointed to the Tiananmen Square Massacre the decade before as ample reason to deny it any economic reward. Critics of Clinton pointed to allegations that his political campaign had accepted illicit contributions from China as ample reason to doubt the president’s motives. Still, Clinton got what he wanted, and China became a member of the WTO the very next year.
In truth, Clinton was only a loud voice representing a conglomerate of international business interests that had long desired to grow profits by tapping into China’s abundant supply of slave labor. They don’t teach that nugget of truth to the kiddies suffering through public school indoctrination. The Marxists who control the teachers’ unions and write the textbooks advance the common narrative that Clinton’s efforts to welcome China into the planet’s most lucrative trade clubs were part of a larger, well intentioned foreign policy plan to westernize China and make the communist country more like us. Would you believe that thousands of American businesses moved their operations to China over the last two-plus decades because they were eager to liberalize the communist nation, institute massive workplace regulations, utilize more expensive “green” energies, and constantly hike China’s minimum wage? Me neither.
Slave labor was always the point. Building things in a totalitarian nation that brutalizes striking workers and imprisons agitators in labor camps was always the point.
(Excerpt) Read more at americanthinker.com ...
Trump is negotiating many countries to lower their tariffs. That was the point, but the MSM won’t inform viewers of that.
Let’s be honest, Clinton was terrible on trade but so were Bush and many other Republicans, many of them still are terrible.
When it comes to trade both parties have been terrible on trade and have sold out middle America.
Nixon opened up a mess.
Too bad the ‘educational system’ has so far dummied down voters that they STILL willingly follow the MSM views on everything!
Free Trade is and always has been a myth, free trade as the politicians define it only exists when both parties play by the same rules, meaning matching tariffs, preferably zero tariffs, whatever one side charges the other side charges.
The US was the lone person playing he low or no tariff game, everyone else was playing the tariff the US game.
Or another way to say it: to hate on Trump's tariffs is to atta-boy Clinton's destroying of the working class.
I am reading that Mexico is a big winner in this. Yes, they will have tariffs on auto, auto parts and steel when this is done but no tariffs on anything else under the Mexico Canada trade agreement from Trump’s first administration. Meanwhile China is socked with 54%, They are anticipating their low wage nation will be inheriting a lot of the manufacturing flight from China and Vietnam, They also have the added advantage of low transport costs to ship next door to the US while Asia is saddled with high transport costs. Scheinbaum actually likes what Trump is doing. That is why she did not retaliate
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