And industry certainly didn’t have to. Whilst Trump is wrong about the effects of trade deficit, he wasn’t wrong about it posing problems for US. Trade deficit isn’t a bad thing, because if done wisely import is essentially foreign investment in domestic production.
The fact that US manufacturers struggle is another way Trump represents the US: the US personified is a horrible short-sighted businessman that can’t get ahead with decades of a head start and endless investment pouring in.
And industry certainly didn’t have to. Whilst Trump is wrong about the effects of trade deficit, he wasn’t wrong about it posing problems for US. Trade deficit isn’t a bad thing, because if done wisely import is essentially foreign investment in domestic production.
The fact that US manufacturers struggle is another way Trump represents the US: the US personified is a horrible short-sighted businessman that can’t get ahead with decades of a head start and endless investment pouring in.