China has enough bargaining chips to cement its spot as export king of the developing world. Trump must be strategic in trade negotiations with Xi Jinping.
We understand it would be wrong to let politicians interfere with our freedom to trade with our local grocery store. The same argument applies when looking at international trade.
The U.S. corporate income tax system is awful and needs to be reformed, but it does not subsidize foreign imports or justify a border-adjusted tax.
By backing away from a border adjustment, Republicans are making a major mistake. This policy will help narrow the trade deficit and fund a tax cut for all domestic businesses.
My hometown of Hickory, North Carolina is actually a great example of the American economy’s resilience—not despite trade, but in concert with it.
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