Trump’s tar­iffs help even the score against preda­tor na­tions

Calhoun Times - - SECOND FRONT -

BAL­TI­MORE — One only needs to take an Am­trak train bound from here to Philadel­phia to wit­ness scores of aban­doned fac­to­ries — all vic­tims to one- sided U. S. free- trade pacts with cheap la­bor coun­tries like China.

While there is a valid ar­gu­ment that Amer­ica’s in­dus­trial base was over­taken by tech­no­log­i­cal ad­vances, such as au­to­ma­tion and ro­bot­ics, the fact that even mod­ern Amer­i­can manufacturing plants have joined the ranks of the aban­doned show how na­tions like China, Mex­ico and In­dia are cap­tur­ing Amer­ica’s tech­noin­dus­trial base.

Com­pa­nies like Ap­ple, Car­rier, Le­vi­ton, Whirlpool, La- Z- Boy and Har­ley- David­son were ea­ger to out­source their manufacturing to for­eign lo­ca­tions, where cheap la­bor abounds.

Trump’s tar­iffs leave these and other coun­tries with a sim­ple choice: Ei­ther main­tain or re­turn manufacturing of their prod­ucts back to Amer­ica or face a puni­tive im­port tax on goods im­ported from their fac­to­ries abroad.

Pres­i­dent Don­ald Trump’s im­po­si­tion of “fair trade” tar­iffs has worked the way it was in­tended con­se­quences of Trump’s tar­iffs. Some man­u­fac­tur­ers of au­to­mo­tive parts have even moved back to Michi­gan from China.

Over­all, Trump’s tar­iffs are hav­ing the de­sired ef­fect in key in­dus­tries.

One is med­i­cal tech­nol­ogy, an area in which the United States al­ways ex­celled. For in­stance, In­sulet Cor­po­ra­tion, the man­u­fac­turer of in­sulin de­liv­ery sys­tems, is mov­ing its plant from China to Mas­sachusetts. Other bioin­dus­try and phar­ma­ceu­ti­cal firms are re­lo­cat­ing manufacturing from China and Europe to states like New Jersey and Rhode Is­land.

Level- headed trade poli­cies by Trump have also seen the U.S. semi­con­duc­tor in­dus­try re­turn some of its manufacturing jobs from China, Malaysia and Tai­wan to Amer­i­can shores.

Trump’s tar­iffs have come un­der fire from some tra­di­tional econ­o­mists.

In the long- run, how­ever, Amer­ica will be better off for adopt­ing a sane trade pol­icy. And polls show that many vot­ers are pre­pared to en­dorse when they go vote in the up­com­ing midterm elections.

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