Is There a More Inept Trade Negotiator Then Trump
Trump seems to think he can will events to turn in his direction. Strategy and preparation are not necessary.
Let's start with grain. Many other places can sell grain to China. If China wants to buy grain other places it can. Now that is exactly what China is doing. Why couldn't Trump see that coming?
There is lots of access to rare earth metals. We have them in the U.S. But processing them is very dirty. We didn't want the pollution. China doesn't care about the pollution and is the only country now where they are available. Considering the environmental damage done by the processing, we may be getting a bargain by paying China monopoly prices. China, however, can cut us off. That is what they are threatening to do. Why couldn't Trump see that coming?
If Trump were smarter, he would have done with rare earth, and perhaps some other goods, what China did with soybeans: have an alternative place to sell soybeans if China stops buying. Trump is not smart enough or shrewd enough to understand this.
Lots of countries take manufacturing business away from the U. S. because of U.S. environmental laws and requirements. Mexico did this. China is doing it. The thing is environmental damage is a debt that has to be repaid eventually. When water and air get so bad there are not workers the debt is required to be repaid. Trump should have left tariffs alone, sold them grain, and let China go into environmental debt. The long game is better for the U.S. than it is for China.
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