During his 2016 campaign, Donald Trump repeatedly promised to ‘fix’ the massive trade imbalances the United States has had with China for decades, and by all measures, he’s delivering.
And the recent outbreak of Wuhan coronavirus in China is actually accentuating Trump’s U.S.-China trade policies.
Thanks to the virus’ spread and continued factory production slowdowns in China, U.S. supply chains for all kinds of things ranging from consumer goods to medical supplies needed to combat the virus at home are in short supply. The reason is simple: When your own economy is so massively intertwined with the economy of just one other nation, it only stands to reason that your country will suffer when that other country has a major problem producing the goods you need.
As such, U.S. companies are accelerating their plans to move operations out of China to...
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