The Jan. 11 election outcome will have a profound effect on foreign policy strategies and relationships between Washington, Beijing, and Taipei throughout 2020 and beyond.
Free trade with communist nations will defeat every law we have. In a free market with an unfree nation, we have created a competition of systems, and bad systems will drive out good.
The global economy isn’t healthy, and everything isn’t hunky dory. But the trade issue is the icing on the cake, not the main story.
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.
World trade in goods and services has morphed into a gigantic manipulative carnival of currency trading. This needs to change.
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