But the fact is that these nations are protecting their industries from competition and imposing taxes on our exports.
They are also subsidizing their imports to us.
Since these are supported by their governments, they can continue to do this for quite a while.
Government “support” (read “force”) does not ensure a strong economy and over time - look at Russia. The only thriving areas of China are the areas like Shanghai set aside for the free marketplace. The more a government interferes in the marketplace the weaker the economy. We don’t have to do the same stupid stuff. There are plenty of markets for high quality, low price products.
In the meantime, focus on the REAL causes of American economic malaise: THE FEDERAL GOVERNMENT, not the EU, China, or the Man in the Moon.
The MAIN reason for our failure to compete in the marketplace are fedral acts to implement
-federally protected unions,
-high taxes,
-regulations,
-minimum wage,
-subsidies, and
-a weak dollar
all converging to “bind and gag” American business and drive industry from our shores. Kill these mostly unconstitutional and boneheaded acts and policies and you’ve gone a long way to fixing the problem.