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> NAFTA + China-WTO accession really did not help American manufacturing. American manufacturing was declining way before NAFTA or China. The anti-japanese/asi
by oilchange 3y ago
> NAFTA + China-WTO accession really did not help American manufacturing.
American manufacturing was declining way before NAFTA or China. The anti-japanese/asian period of 70s and 80s existed for a reason. The way we are attacking china today is how we attacked japan in the 80s. The only difference is that china isn't going to back down like japan did. Far easier to bully a nation that you militarily occupy.
The trend isn't going to change. Manufacturing will go to ASEAN and India next. All the propaganda about "factories in the US" exist to distract from that reality.