Trade Talks With China Are A Game Of Chicken Right Now, With The Outcome Either A Settlement Or A Siege
“We don’t have to do business with them”, Trump asserts.
And he goes on to say that:
“We can make the product right here, if we have to. Like we used to. Like we used to.”
Here’s the clip (click on the photo to watch):
We do have to admire the consistency in Trump’s vision of transforming the U.S. into a manufacturing utopia, proudly standing on its own. But deep down even he’s got to know the world’s much more interconnected than that; has been for years. And there aren’t U.S. factories up and running that can immediately make the same goods that are currently coming from China. (And in many cases those goods are needed in order for the factories that are flourishing in the U.S. right now to function). So “make the product right here” is a noble objective, yes. But can’t happen by Friday, when Trump’s scheduled to put on the new, vastly higher tariffs. Or next month. Or before those tariffs wreak havoc.
