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Globalist Free trade Agreements decimate American Manufacturing

carpro

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Study: U.S. Manufacturing Collapse Catalyst for Decline of White Working Class

The collapse of American manufacturing thanks to decades of international free trade agreements acted as the catalyst for the general economic decline of the U.S. white working class and black Americans, a new study reveals.

The latest research by economist Eric D. Gould of the Institute of Labor Economics reveals the extent to which white men and black men in the U.S. were crippled by the country’s manufacturing collapse, which came as trade deficits racked up and free trade deals were readily implemented.

Gould’s research notes that for white men and black men, the number of U.S. workers in the manufacturing in 2010 was actually less than half of what it was in 1960.

“The loss of these jobs represented a significant worsening of economic opportunities,” Gould notes.
 

carpro

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"The Rust Belt has been one of the hardest regions hit because of U.S. free trade with Mexico. In total, about 700,000 U.S. have been displaced, including:

14,500 American workers displaced in Wisconsin
43,600 American workers displaced in Michigan
2,600 American workers displaced in West Virginia
26,300 American workers displaced in Pennsylvania
34,900 American workers displaced in Ohio
34,300 American workers displaced in New York
6,500 American workers displaced in Iowa
24,400 American workers displaced in Indiana
34,700 American workers displaced in Illinois

Meanwhile, since NAFTA took effect in the 1990s, at least one million net U.S. jobs have been lost because of the free trade deal. Between 2000 and 2014, there have been about five million manufacturing jobs lost across the country as trade deficits continue soaring.
 

FollowTheWay

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Trump is doing what he can to correct the trade imbalance. Doing quite well, too.
Tariffs Will Hurt U.S. More Than Rest of World, Maersk Says
Terms of Service Violation

The U.S. economy will be hit many times harder than the rest of the world by an escalating global trade war, according to the chief executive officer of A.P. Moller-Maersk A/S.

Soren Skou, who runs the world’s biggest shipping company from Copenhagen, said the fallout of the current protectionist wave “could easily end up being bigger in the U.S.” Tariffs could slow global annual trade growth by 0.1 to 0.3 percent, though for the U.S. the effect could be “perhaps 3 or 4 percent,” he said at Maersk’s headquarters on Friday. “And that would definitely not be good.”
 

church mouse guy

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Tariffs Will Hurt U.S. More Than Rest of World, Maersk Says
Terms of Service Violation

The U.S. economy will be hit many times harder than the rest of the world by an escalating global trade war, according to the chief executive officer of A.P. Moller-Maersk A/S.

Soren Skou, who runs the world’s biggest shipping company from Copenhagen, said the fallout of the current protectionist wave “could easily end up being bigger in the U.S.” Tariffs could slow global annual trade growth by 0.1 to 0.3 percent, though for the U.S. the effect could be “perhaps 3 or 4 percent,” he said at Maersk’s headquarters on Friday. “And that would definitely not be good.”

We want fair trade, not free trade. It is a monopolistic practice to undercut your competitors to put them out of business. That is what China has been doing, not to mention stealing our intellectual property rights and reading Hillary's emails, which contained tens of thousands of secret documents. China is an enemy and the goal is to ruin their economy and force them to disarm North Korea of atomic weapons. The day of the globalist has ended forever.
 

FollowTheWay

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We want fair trade, not free trade. It is a monopolistic practice to undercut your competitors to put them out of business. That is what China has been doing, not to mention stealing our intellectual property rights and reading Hillary's emails, which contained tens of thousands of secret documents. China is an enemy and the goal is to ruin their economy and force them to disarm North Korea of atomic weapons. The day of the globalist has ended forever.
I'm not sure what you mean by globalist but the reality of the 21st century is that we have global competition for products and services. Countries that only focus on domestic sales will be left behind.
 

Revmitchell

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I'm not sure what you mean by globalist but the reality of the 21st century is that we have global competition for products and services. Countries that only focus on domestic sales will be left behind.

Once again you do not actually know what is going on. No one is focusing only on domestic sales. What Trump is doing is renegotiating bad deals where our trade partners have been coming out far far better than we are.

Why are you against America getting a good deal.
 

FollowTheWay

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Once again you do not actually know what is going on. No one is focusing only on domestic sales. What Trump is doing is renegotiating bad deals where our trade partners have been coming out far far better than we are.

Why are you against America getting a good deal.
Do you actually say this is a good deal for America?
Tariffs could slow global annual trade growth by 0.1 to 0.3 percent, though for the U.S. the effect could be “perhaps 3 or 4 percent,”
 

church mouse guy

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Do you actually say this is a good deal for America?
Tariffs could slow global annual trade growth by 0.1 to 0.3 percent, though for the U.S. the effect could be “perhaps 3 or 4 percent,”

What happens if China continues to dump on the USA? How much will that cost, everything. What about all the people left unemployed by globalists?
 
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