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Politics : The Trump Presidency

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To: i-node who wrote (344092)8/10/2025 4:13:32 PM
From: koan  Read Replies (1) of 363256
 
Trade imbalances are not always bad!! We get good deals on myriad products by having them produced cheaply and then we buy them.

Some things are better done in other places.

That is the strength of free trade you are not getting.

When you buy groceries that is a trade imbalance, but you got something for it.

You give them money and they give you groceries.

We can't grow coffee, or bananas, or make cheap clothes, we are a service industry and get those things cheaply by trading. It was a good deal until Trump put tariffs on them.

What did we gain by that?

As Dave Chapell said: "if we started making Iphones they would have to be $9,000-lol. Leave those jobs in China where they belong.
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