| | | | A just-released UBS poll shows that a sizable majority of
both large and small business owners support the president's Economic
Doctrine of placing additional tariffs on China. Most even support
increased tariffs on Mexico, Canada, and our European allies.
The
poll reveals an astounding 71% of business owners support President
Trump's use of tariffs as a negotiating tactic against China's unfair
trade practices.
To actually understand where America stands
within the global market, one needs to understand some extremely simple
economic principles that apparently past administrations willfully
ignored. Since 1975, the United States has had the distinction of having
the largest trade deficit of any nation on earth, ballooning in 2017 to
a staggering 566 billion dollars. |
