WAL-MART...RELY
HEAVILY UPON CHINESE
IMPORTS TO KEEP COSTS
DOWN. WHILE THIS MIGHT
BE BENEFICIAL, AT THE
SAME TIME IT’S HELPING
TO FISCALLY INJURE
ITS HOME COUNTRY’S
ECONOMIC BASE.
28,000 American jobs in the last five
years. He also fired back at Trump:
“it’s really unfortunate when politics
get in the way of facts”.
During all this, Trump also commit-
ted himself to renegotiating NAFTA
as well. With this, he committed
himself to rebuilding Detroit while
restoring jobs in the process. With-
out missing a beat, he also pulled no
punches in telling the attendees that
Hilary Clinton was only committed to
social programs for illegal aliens and
immigrants. He said all this to show
his commitment to Detroit’s belea-
guered workforce.
He held foreign investors responsi-
ble for what ails NAFTA, and stated
he’d make things right by tacking
on a 35% tax on products imported
from Mexico instead of being manu-
factured in the U.S.
The only trump card held by North
America is through it’s free trade
agreements both secured and pos-
sibly explored. With some fair and
balanced ratifications made to the
existing agreements in North Amer-
ica; coupled with newly negotiated
H O T
RUS S I AN
pacts elsewhere, a slow but solid
foundation could be built. This could
well generate a new world order,
one focused on growing the eco-
nomic landscape. Not only for North
America, but abroad as well.
On the opposite side of the coin, it’s
a well documented fact that Hillary
has consistently rubbed the pow-
ers that be in China, the wrong way.
With her stance on human rights vi-
olations in China, business as well as
government have obvious concerns
about the future of trade between
the two nations.
Despite her two decade long rela-
tionship with China, they see her
as someone who they need to ap-
proach with a jaundiced eye. Trump,
while not held up to the level of
contempt that Clinton is, generates
serious doubts in that nation when
it comes to stability and economic
fairness.
It’ll be interesting to see how China’s
reaction unfolds now that Trump is
President
China may manufacture more, but
BRI D E S®
-
MEN’S
L IFESTYL E
it still needs materials in order to
make this possible. With the rich re-
sources here in America, it would be
practical to reach a well negotiated
trade agreement, one that equalizes
power and industry between Cana-
da, The U.S and China. Currently, the
agreements between North Ameri-
can interests and China are sub par
to what would bring fair economic
growth to all parties.
As well, what needs to happen is a
complete change of approach to op-
erations and manufacturing. Keep in
mind that it’s not just exports that a
company is looking toward; it is also
being able to sell its product domes-
tically to its own workers. This can
only work if North America stops
excising its assets and begins look-
ing for simpler solutions within its
own economy. Quality product at a
fair price will bring in the customers.
It’s what made our markets strong
in the past. It’s time to review what
worked, and how to go about imple-
menting this model into a modern
economy.
Only then will we see a positive return
in the North American markets.
M A G A ZINE
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