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Bernardo de La Paz

(52,397 posts)
3. He started a six-front trade war. He thought everyone would simply fold up. But they go around him.
Fri Jun 29, 2018, 12:48 PM
Jun 2018

MAGA: Making America Go Alone.

Rest of world trade big enough it will just trade around USA. And not invest.

Won't happen overnight, but it is already beginning, as new free trade agreements are being signed and negotiated.

Meantime, Chinese have stopped buying soybeans from MidWest, a $13,000,000,000 (13 billion) a year loss. They are now buying from Brazil and Canada.

Investors won't bring money to the USA because of the instability.

Tourism is down 4 to 7 %. Normally a growth industry.

Instead of developing solar power technology to export goods to the rest of the world, the US will before long be importing, if it can find anyone willing to sell.

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