Friday, November 01, 2019

Quora: Trump is bringing back manufacturing to the USA and rejecting other countries' markets. Will the USA fare better with the anti-globalism policies?

Jon Mixon, worked at Manufacturing answered

First things first: Donald Trump has nothing to do with some aspects of minor manufacturing returning to the United States.

Major corporations make their decisions years or even decades in advance. They certainly don’t wait for the minor input of a man whose business acumen is known to be laughable at best. And since many are multinationals, they really don’t care who makes their products, or where, so long as they can profit from them.

Trump’s trade plans are a hodgepodge of items that he thinks will sell his candidacy in 2020 to the few voters who don’t understand trade policies and who think that he still has the capability of running this country successfully. They aren’t based on sound logic, they are provoking our own allies to reject our input, and they are simply making the nations which he’s trying to combat seek out other markets for their imports. None of what he’s doing is helping the US in the long run.

Trade doesn’t need to be a zero sum game. Everybody can, and should, “win” as it benefits no one to have high tariffs and closed markets. Trump has been told that by his economic advisers; however since that doesn’t align with his thinking or the policies that he believes will garner him the rural and red state votes he needs to win, he’s rejecting it. Frankly, since he gets paid regardless of what happens and his acolytes have proven that they don’t believe that he can make a wrong decision, there’s no reason for him to bother creating or maintaining coherent policies.

Trump is not “bringing manufacturing back”.

He’s taking credit for decisions which were made for a host of reasons, the majority of which have nothing to do with him or his failing policies.

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