RSS SubscribeUS building walls while China erecting windmills
By Jianxi Liu – Asia Times
Dozens of foreign CEOs are gathering in Beijing this week for the annual China Development Forum (CDF).
Against the backdrop of heightened global uncertainty, Beijing is sending its message to the world: As the US pursues protectionist “America First” policies, the world’s second-largest economy is open for business.
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I called for higher inflation, no rate cuts but instead interest rate raises under Trump . Posted all that here. Wasn’t many on that bandwagon. The thing is, it wasn’t a reach at all. His economic policies are WRONG and are literally designed to cause inflation.
A great post that explains very well just how complex and interconnected the Canada/ US auto industry is.
Is there such a thing as a Made in America car anymore?
Since Canada and the U.S. signed the Auto Pact in 1965, auto manufacturers have leveraged the comparative advantage in both countries to make the industry more competitive, production more efficient and vehicles more affordable. Experts say tariffs would effectively undo those advantages almost immediately.
https://www.cbc.ca/news/business/made-in-america-cars-1.7494979