Trade – the Double Edged Sword

Group: ViewsAsia Credit: PARESH Source: The Khaleej Times - Dubai, UAE Keywords: COLOR SOUTH CHINA SEA USA SHIP GREAT WALL 060215 Provider: CartoonArts International / The New York Times Syndicate
Group: ViewsAsia
Credit: PARESH
Source: The Khaleej Times – Dubai, UAE
Keywords: COLOR SOUTH CHINA SEA USA SHIP GREAT WALL 060215
Provider: CartoonArts International / The New York Times Syndicate

Who is to Blame?

In the recent 2016 presidential debate, trade has been one of the leading issues addressed. Specialist in Asian trade and finance,  Wayne Morrison states that, “China is currently the United States’ second-largest trading partner, its third-largest export market, and its biggest source of imports.” This has left the US in a sticky situation as Morrison adds , “Major areas of concern expressed by U.S. policymakers and stakeholders include China’s alleged widespread cyber economic espionage against U.S. firms; relatively poor record of intellectual property rights (IPR) enforcement; and mixed record on implementing its World Trade Organization (WTO) obligations” Many say China’s shady dealings around policy has negatively impacted US trade and has caused large amounts of job loss. China is to blame.

It’s Unfair.

Donald Trump has been seen many times commenting on the ‘ill wills’ of China and thier operations around trade. Using a rhetorical specific and nontraditional style, Trump aggressively states how China is unfairly taking away from the United Sates to fill their own pockets. While taking a stand for the working class he is simultaneously providing hope for the future if he becomes president, by stoping China’s corruption and creating more jobs.

 

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Achilles Heel

The United States is a powerhouse but trade would be our weak point. China has gone against the WTO and as trump says, they are ‘good at the game’. The solution is as Trump states, “We will keep the car industry in Michigan and we’re going to bring car companies back to Michigan.” Beating China at its own game is a way to stop our country from being taken advantage of. Creating more jobs, producing more products and weening ourselves off of China’s trade to become a more independent United States.