2 ms·
Good? USA is a major strategic ally to most of the civilized world. This is not a zero-sum game. I wonder, does this validate Trump's economic policies?
by darthrupert 3y ago
Good? USA is a major strategic ally to most of the civilized world. This is not a zero-sum game.
I wonder, does this validate Trump's economic policies?
- jnaina 3y agoHate to say this, but yes to some extent. Trump imposed tariffs on hundreds of billions of dollars worth of Chinese goods in 2018 and 2019. His aggressive stance on the trade war with China spooked quite a bit of foreign investments into China. China "Offshoring/Outsourcing" became a liability. US companies moved production elsewhere (Vietnam, India, Malaysia, Mexico, etc) and even back to the States. Markedly visible in my recent visit. Expats have left in droves in Beijing and Shanghai. Airports are pretty much empty.