Larry loses me on illegal immigration, but let’s think through your position. A US company can’t build an overseas factory and then import product to the US without a big tariff in your world, right?
So wouldn’t a big advantage go to a non-US company with a factory in that cheaper country, selling into the US? So would you slap a tariff on all products coming into the US? If so, wouldn’t you rightly have to expect a slew of tariffs on our exports in return?
So then you’d be hurting any US company that imports or exports products, right? And you also understand how you’d be taking away the wealth creation that comes with allowing and fostering comparative advantage, too, right?
And how is that going to do anything but hurt the American worker?
Whats wrong with an American Company doing business in America? You can create wealth in the USA.
and since our Trade Balance is VERY NEGATIVE ...by the billions...we would not be losing in a trade war, we would be winning. If our Trade Balance was positive then a trade war would hurt US.
Trump is Right on trade. Pun intended.