Friday, August 18, 2023

Trade with China Down

A Wall Street Journal chart shows US imports from China have declined to the level of 20 years ago. Meanwhile our exports to China have declined to the level of 10 years ago. Both of these are good news.

I have no problem with importing low tech items from China, but we should try to bring tech and heavy manufacturing back to the US, and that includes medicines and the precursors to meds. 

Since China considers all inventions to be in the public domain, we should utilize their inventions without paying royalties. Turn about being fair play.

We should also make the process of Chinese citizens getting US green cards more opaque and less a sure thing.