« About protectionism | Main | Trade is not a "welfare operation" nor a zero-sum game. »

Donald Trump doesn't understand the difference between foreign direct investment and trade.

Trump is stupid. He doesn't understand the difference between foreign direct investment and trade. Japanese car manufacturers are employing a lot of American workers in the US. Many of the "Japanese" cars are made in the US. Speaking of trade, Japan does not have any arbitrary procedures that work against US car makers when they sell vehicles in Japan.

His slogan "America First" does not work. His "protectionism" does not protect workers nor consumers in the US. This slogan is based on his ignorance and unfairness.

|

« About protectionism | Main | Trade is not a "welfare operation" nor a zero-sum game. »

Society」カテゴリの記事