But the USA has no history of a federal industrial policy. Free market thinkers don’t believe it’s needed or even works.
Of course the red states have no problem giving incentives to companies to move there.
Plus do you think that Americans would be happy working in a Chinese factory, under the direction of Chinese expat supervisors? I’m just being facetious here. It’s already happening at GE appliances. I read there are now Chinese restaurants nearby.[/quote]
I don’t really think most americans care who the boss is as long as the paycheck is good and the boss works within the appropriate laws and customs/culture we have in the U.S. And typically, foreign companies that set up shops here do just that.
Most americans only start to care what someone looks like and what race they are when they have no job.
If China negotiated a trade deal with the US like I said, America will be happy China will be happy, at the expense of all the other nations Asia.
America wins because export business goes up, US find jobs at foreign owned factories, and that means more money for americans to spend. American workers are happy because they are employed, and so they probably won’t care about anything else that happens in the Far East. Trump would look like a freaking genius, because not only will he come across as negotiating tough with china and winning, as an added bonus, he’ll say he can cut military spending since the US won’t need to patrol the far east as much anymore. Win-win for the U.S.
China will come out of this winning because while they’ll need to sacrifice a little on their export business and spend a little on setting up factories in the U.S., they’ll win a lot on the natural resources they import at much more competitive prices relative to all the other nations. China will no longer need to worry about U.S. meddling in the far east, and they can continue to build up their presence to claim the disputed island filled with natural resources. With the US out of the picture, no one will be able to contest them. Russia won’t step in, obviously. And neither Japan nor Korea nor any other nation in the east have militarized in such a way to really get into an armed conflict with China. And the U.S. certainly will not step in, if US-China trade relations are so tied together.
For Trump, this will be a business transaction. And a very good business transaction. It will be for the US and China. Everyone else gets the shaft.
I’m not saying this would be a good thing the world in general. Just saying what I think will happen. China doesn’t have any interest into getting into any military conflict with the U.S. It’s interesting that Nixon, a Republican, was the guy responsible for opening the pandora’s box to China…And it’s even more ironic that now Trump, another republican, probably will end up building more.
Nixon shafted Taiwan when Taiwan was kicked out of the UN and replaced by China. I think what we’ll see is something similar in which US-Japan/ US-Korea/ US-Taiwan relations get shafted at the expense of US-China relations.
It’s interesting to see which leaders of nations called Trump to congratulate him. That says a lot about what those nations were hoping for.
