Opinion: President Trump's China policy is working, but you'd never know that from media reports (via latimesopinion)
to advise the president on trade and manufacturing policy. Navarro outlined President Trump’s economic plans: cutting taxes, reducing regulation, cutting energy costs and reforming trade. He predicted strong growth and a Dow moving past 25,000 based on these pro-growth policies.
With each drop, tariffs are blamed, and sometimes, the blame is more specifically laid at the feet of Navarro, who has been a chief architect of the president’s trade policies. As the economy hummed along, with historically low unemployment, the Wall Street Journal recently suggested we might see a “We’ve also heard the constant refrain that the tariff burden is borne by American consumers.
While China’s actions enhanced the profits of large, multinational corporations, American workers and small U.S. firms took it on the chin. Meanwhile, millions of rural Chinese were pushed into a Dickensian nightmare of 16-hour workdays in some of the world’s most polluted cities for the benefit of China’s privileged elite.
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