Dr Matthew Raphael Johnson joinsSven Longshanks to talk about Donald Trump’s trade war against China. Tariffs have been put on steel and electrical components, including much that is needed by Boing for military purposes. The Chinese have responded by sticking tariffs on soy, as that is America’s largest export, but much of what China does buy from America could always be bought from Russia anyway.
Hopefully these tariffs will encourage manufacturing companies to come back to America, but this will take time. In the short term, some necessary items like fork lifts will be more expensive, but eventually they will go back to a reasonable price and they will be made in America, not China.
The president of China has a ‘made in China’ policy, which means that by 2025 he wants every product used in China to be made in China. This is how countries should be operating, we should all be self sufficient as much as possible. It cuts back on transport costs, provides work and ensures products tailored to the needs of the nation are available. Big business is not happy about this, as it will cut into their profits but it could be just what is needed to encourage new companies to start up in America, producing the goods that were coming in from elsewhere before.
Presented by Sven Longshanks and Matt Johnson
The Daily Nationalist: Trump’s Trade War – DN 040518
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