Question: Would the United States’ economy be better in the long run by cutting ties with China?
Bob Rauch, R.A. Rauch & Associates
NO: The overall commercial relationship with China on the U.S. economy remains positive but a strong stance was needed to counteract China’s aggressive trade strategy. The U.S. cut the trade deficit through China’s purchase of large quantities of U.S. energy and agricultural products; strengthened intellectual property rights protection and enforcement and more. Now there will be a far more level playing field for trade with China. Time to cut a deal and move on.
For the full article by Contact Reporter, Phillip Molnar, click here.