We ALL watched an angry Donald Trump enact trade wars to the East and West of America…
We worried….
American workers quietly applauded and voted for Trump….
The former President wasn’t too successful in trying bring many jobs back to America…
The fact is whole industries are gone oversea’s….
Cheaper for manufacturers ….
Cheaper for consumers…
But for the new President and his foreign policy people the simple truth is that America HAS become dependent on countries that can exploit their access to American markets and Yes….
Jobs…
There IS of course a (YUGE underlining) political side to this….
Biden & Co. will get back into the world…
But Biden & Co. ARE well aware that China IS seeking to overtake the American economy for the inside…
Even immigration is part off this…
Cheap labor has always been imported into this country since it’s birth…
Added to the that is top shelf technology now is a American import…
But in the end?
America MUST seek to keep it’s potion as the world’s premier economy and military power for it’s national security….
And THAT means that the Biden Admin will NOT just shed the Trump ‘America First’ foreign policy….
They will just try to be ‘better’ at it….
In doing so?
They will walk back good amount of Clinton and Obama Trade policy…
And fish for even more votes from labor and middle class Americans….
It’s 2021….
The world HAS changed…..
As a senator, Joe Biden voted for NAFTA and for facilitating China’s entry into the World Trade Organization. As vice president, he defended the 12-country Trans-Pacific Partnership that President Barack Obama considered “the cornerstone” of U.S. economic relations with the Asia-Pacific.
On Wednesday, President Biden’s hand-picked secretary of state, Antony Blinken, acknowledged that U.S. policymakers had too long been blind to the suffering of American workers displaced by trade deals and promised “our approach now will be different.”
As the world closely watches how Biden will manage America’s economic engagement with the world, Blinken’s remarks were a clear echo of the trade skepticism President Donald Trump skillfully exploited in his unlikely climb to power.
“Some of us previously argued for free trade agreements because we believed Americans would broadly share in the economic gains that those – and that those deals would shape the global economy in ways that we wanted,” the diplomat said.