[arrogantsob]

American labor is too expensive to make most of the piddly crap we import from China. We are not importing any finished products other than textiles.

Automobiles and other finished goods are often produced by foreign manufacturers which have plants here.

Once a product becomes cheap enough it is going to be produced elsewhere. It is an indisputable fact of capitalist life.

Our role in the world economy is to create and produce NEW products. The rest of the world then catches up.

Hopefully the emphasis of Trump on petroleum and coal will see a positive impact on the Balance of trade.

With floating exchange rates there is no such thing as a Balance of Payments deficit or surplus. Gold is not used to settle accounts anymore. As long as the rest of the world is willing to accept dollars it means it has confidence in the US economy. We’re trading dollars for products which is not harmful economically.

[central_va]

American labor is too expensive to make most of the piddly crap we import from China. We are not importing any finished products other than textiles.

Sooooo all those containers ships coming in are loaded with NOTHING? Are you OK? Need urgent care?

[central_va]

Automobiles and other finished goods are often produced by foreign manufacturers which have plants here.

And often not.

[central_va]

Our role in the world economy is to create and produce NEW products. The rest of the world then catches up.

Fine; that benefits nobody except a tiny few globalists. Why should Americans let you globalists define the 'role' of the US economy? Sounds like you are mixing politics and economics. I thought you Free Traitors&$#153 didn't do that.