Nobody in onshoring manufacturing with this level of instability in the finances of this country at this time. Trump changes his mind too often to build billions of dollars worth of factories.
Nobody in onshoring manufacturing with this level of instability in the finances of this country at this time. Trump changes his mind too often to build billions of dollars worth of factories.
It's OK to have trade imbalance for some time. It can't last forever.
The US domestic economy is vastly larger than its foreign trade (which is only 20% of America's GDP), so you can in fact run a persistent trade deficit and a budget surplus at the same time, which the US actually did for a while during the 90s and early 2000s. We need to teach more economics honestly.
This isn’t some analogy.
This is precisely what just happened!
The bond market imploded and less stupid people forced Trump to backpedal.
He’s a child playing with many-trillion-dollar matters. I wouldn’t trust Trump to split a dinner cheque.