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But Trump didn't actually address it. He acknowledged the problem but didn't provide any tangible solution other than "I'm going to bring your jobs back" which

• CoolGuySteve 10y ago
  He said he would renegotiate NAFTA, pull out of the TPP, and do something nebulous involving labeling China as a "currency manipulator". Earlier in his campaign he said he was going to introduce tariffs as well, but I guess that statement didn't count since it's no longer in his "Contract with the American Voter". These are all strategies to add economic friction to importing foreign goods. Then he has his immigration push to block importing cheap labour from abroad. The end result is that American manufacturing and farming done by American citizens will see some improvement but at the expense of the economy as a whole. I'm not sure if he or his advisers really think of the manufacturing decline as a logical advance of shipping technology. When framed that way, they seem like luddites tearing down the cotton mills. But the platform is definitely not as illogical as everyone makes it seem.
  • tzs 10y ago
    > These are all strategies to add economic friction to importing foreign goods. They also add economic friction to exporting US made goods, unless these renegotiations somehow manage to result in deals that are very one sided in favor of the US. The US exports about $310 billion worth of goods annually to Canada, and about $240 billion to Mexico. A lot of US jobs are involved in making those goods. For some reason I don't understand, exports almost always seem to get overlooked when politicians go on about trade.