I find the recent uptick in folks cheerleading for trade protectionism depressing.
Well China is running a trade surplus of approximately 500 billion last year, which is (still) constantly growing quite quickly in fact, yet even with such a huge imbalance, it is still required that every company investing in China have a majority (Chinese) partner, who actually owns the company.
I don’t know about you, but that sure seems to me to be a hugely unfair bit of trade news, and sure needs to be addressed.
If needed, with trade protectionism, because what we have now is complete and total sell-out of American interests.
Completely so.