How's that pesky trade war Trump started? U.S. Trade Deficit in Goods Reaches Record High

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Oct 23, 2018
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The trade balance is actually worse than it seems because record oil and gas exports from the USA are masking the decline in goods and services exports.

Manufacturing is already in decline in the USA and investment in industry is declining.

Donald Trump has trashed brand America and consumers around the world are reducing their purchases of US manufactures and services.

Tourism by foreigners has also declined as Donald Trump has made foreigners feel they are unwelcome in the USA.

Donald Trump has shot Uncle Sam in both feet.

Infographic: U.S. Trade Deficit in Goods Reaches Record High

U.S. Trade Deficit in Goods Reaches Record High
by Felix Richter,
Aug 5, 2019

Despite all efforts by the Trump administration to reign in the country’s trade deficit, the gap between imports to and exports from the United States climbed to a 10-year high in the first half of 2019. According to figures released by the Bureau of Economic Analysis on Friday, the U.S. trade deficit in goods and services declined slightly in June, bringing the total deficit to $316 billion for the first half of 2019, the highest it’s been since 2008. The increase was mainly caused by a historically high deficit in goods trade, which amounted to a record $439 billion, of which $219 billion can be traced back to trade with China alone.

While the U.S. trade deficit continues to climb overall, imports from China have in fact been affected by the ongoing trade war between the two economic superpowers. U.S. goods imports from China dropped by more than $30 billion in the first half of 2019 compared to the previous year.


chartoftheday_17281_us_trade_balance_n.jpg

DESCRIPTION
This chart shows the U.S. trade balance in goods, services and overall. ...
 
The trade balance is actually worse than it seems because record oil and gas exports from the USA are masking the decline in goods and services exports.

Manufacturing is already in decline in the USA and investment in industry is declining.

Donald Trump has trashed brand America and consumers around the world are reducing their purchases of US manufactures and services.

Tourism by foreigners has also declined as Donald Trump has made foreigners feel they are unwelcome in the USA.

Donald Trump has shot Uncle Sam in both feet.

Infographic: U.S. Trade Deficit in Goods Reaches Record High

U.S. Trade Deficit in Goods Reaches Record High
by Felix Richter,
Aug 5, 2019

Despite all efforts by the Trump administration to reign in the country’s trade deficit, the gap between imports to and exports from the United States climbed to a 10-year high in the first half of 2019. According to figures released by the Bureau of Economic Analysis on Friday, the U.S. trade deficit in goods and services declined slightly in June, bringing the total deficit to $316 billion for the first half of 2019, the highest it’s been since 2008. The increase was mainly caused by a historically high deficit in goods trade, which amounted to a record $439 billion, of which $219 billion can be traced back to trade with China alone.

While the U.S. trade deficit continues to climb overall, imports from China have in fact been affected by the ongoing trade war between the two economic superpowers. U.S. goods imports from China dropped by more than $30 billion in the first half of 2019 compared to the previous year.


chartoftheday_17281_us_trade_balance_n.jpg

DESCRIPTION
This chart shows the U.S. trade balance in goods, services and overall. ...

That also means that we imported less, which is good. We need to be less dependent on the rest of the world.

BTW, the DOW hit another record today. That's over 100 record closings since Trump's inauguration. There were only 122 record closings the entire 8 years Obama was President.

:banana:
 
The trade balance is actually worse than it seems because record oil and gas exports from the USA are masking the decline in goods and services exports.

Manufacturing is already in decline in the USA and investment in industry is declining.

Donald Trump has trashed brand America and consumers around the world are reducing their purchases of US manufactures and services.

Tourism by foreigners has also declined as Donald Trump has made foreigners feel they are unwelcome in the USA.

Donald Trump has shot Uncle Sam in both feet.

Infographic: U.S. Trade Deficit in Goods Reaches Record High

U.S. Trade Deficit in Goods Reaches Record High
by Felix Richter,
Aug 5, 2019

Despite all efforts by the Trump administration to reign in the country’s trade deficit, the gap between imports to and exports from the United States climbed to a 10-year high in the first half of 2019. According to figures released by the Bureau of Economic Analysis on Friday, the U.S. trade deficit in goods and services declined slightly in June, bringing the total deficit to $316 billion for the first half of 2019, the highest it’s been since 2008. The increase was mainly caused by a historically high deficit in goods trade, which amounted to a record $439 billion, of which $219 billion can be traced back to trade with China alone.

While the U.S. trade deficit continues to climb overall, imports from China have in fact been affected by the ongoing trade war between the two economic superpowers. U.S. goods imports from China dropped by more than $30 billion in the first half of 2019 compared to the previous year.


DESCRIPTION
This chart shows the U.S. trade balance in goods, services and overall. ...

That also means that we imported less, which is good. We need to be less dependent on the rest of the world.

BTW, the DOW hit another record today. That's over 100 record closings since Trump's inauguration. There were only 122 record closings the entire 8 years Obama was President.
The trade war with China is necessary. If you want China to replace the US as the top dog economically, that's your right.
Most of us want the US to stay on top and to stop China from stealing US product designs and intellectual property.

Hell, even Nancy and the House supports Trump's efforts to get fair trade deals with China:

Democrat-led House seen backing Trump’s China trade war, scrutinizing talks with allies
 
The trade balance is actually worse than it seems because record oil and gas exports from the USA are masking the decline in goods and services exports.

Manufacturing is already in decline in the USA and investment in industry is declining.

Donald Trump has trashed brand America and consumers around the world are reducing their purchases of US manufactures and services.

Tourism by foreigners has also declined as Donald Trump has made foreigners feel they are unwelcome in the USA.

Donald Trump has shot Uncle Sam in both feet.

Infographic: U.S. Trade Deficit in Goods Reaches Record High

U.S. Trade Deficit in Goods Reaches Record High
by Felix Richter,
Aug 5, 2019

Despite all efforts by the Trump administration to reign in the country’s trade deficit, the gap between imports to and exports from the United States climbed to a 10-year high in the first half of 2019. According to figures released by the Bureau of Economic Analysis on Friday, the U.S. trade deficit in goods and services declined slightly in June, bringing the total deficit to $316 billion for the first half of 2019, the highest it’s been since 2008. The increase was mainly caused by a historically high deficit in goods trade, which amounted to a record $439 billion, of which $219 billion can be traced back to trade with China alone.

While the U.S. trade deficit continues to climb overall, imports from China have in fact been affected by the ongoing trade war between the two economic superpowers. U.S. goods imports from China dropped by more than $30 billion in the first half of 2019 compared to the previous year.


DESCRIPTION
This chart shows the U.S. trade balance in goods, services and overall. ...

That also means that we imported less, which is good. We need to be less dependent on the rest of the world.

BTW, the DOW hit another record today. That's over 100 record closings since Trump's inauguration. There were only 122 record closings the entire 8 years Obama was President.
The trade war with China is necessary. If you want China to replace the US as the top dog economically, that's your right.
Most of us want the US to stay on top and to stop China from stealing US product designs and intellectual property.

Hell, even Nancy and the House supports Trump's efforts to get fair trade deals with China:

Democrat-led House seen backing Trump’s China trade war, scrutinizing talks with allies

So do I. I just don't support Rump.
 
The trade balance is actually worse than it seems because record oil and gas exports from the USA are masking the decline in goods and services exports.

Manufacturing is already in decline in the USA and investment in industry is declining.

Donald Trump has trashed brand America and consumers around the world are reducing their purchases of US manufactures and services.

Tourism by foreigners has also declined as Donald Trump has made foreigners feel they are unwelcome in the USA.

Donald Trump has shot Uncle Sam in both feet.

Infographic: U.S. Trade Deficit in Goods Reaches Record High

U.S. Trade Deficit in Goods Reaches Record High
by Felix Richter,
Aug 5, 2019

Despite all efforts by the Trump administration to reign in the country’s trade deficit, the gap between imports to and exports from the United States climbed to a 10-year high in the first half of 2019. According to figures released by the Bureau of Economic Analysis on Friday, the U.S. trade deficit in goods and services declined slightly in June, bringing the total deficit to $316 billion for the first half of 2019, the highest it’s been since 2008. The increase was mainly caused by a historically high deficit in goods trade, which amounted to a record $439 billion, of which $219 billion can be traced back to trade with China alone.

While the U.S. trade deficit continues to climb overall, imports from China have in fact been affected by the ongoing trade war between the two economic superpowers. U.S. goods imports from China dropped by more than $30 billion in the first half of 2019 compared to the previous year.


chartoftheday_17281_us_trade_balance_n.jpg

DESCRIPTION
This chart shows the U.S. trade balance in goods, services and overall. ...
So you would rather take every other leader's approach than Trump's - do nothing and be China's bitch...

No thanks.
 
The trade balance is actually worse than it seems because record oil and gas exports from the USA are masking the decline in goods and services exports.

Manufacturing is already in decline in the USA and investment in industry is declining.

Donald Trump has trashed brand America and consumers around the world are reducing their purchases of US manufactures and services.

Tourism by foreigners has also declined as Donald Trump has made foreigners feel they are unwelcome in the USA.

Donald Trump has shot Uncle Sam in both feet.

Infographic: U.S. Trade Deficit in Goods Reaches Record High

U.S. Trade Deficit in Goods Reaches Record High
by Felix Richter,
Aug 5, 2019

Despite all efforts by the Trump administration to reign in the country’s trade deficit, the gap between imports to and exports from the United States climbed to a 10-year high in the first half of 2019. According to figures released by the Bureau of Economic Analysis on Friday, the U.S. trade deficit in goods and services declined slightly in June, bringing the total deficit to $316 billion for the first half of 2019, the highest it’s been since 2008. The increase was mainly caused by a historically high deficit in goods trade, which amounted to a record $439 billion, of which $219 billion can be traced back to trade with China alone.

While the U.S. trade deficit continues to climb overall, imports from China have in fact been affected by the ongoing trade war between the two economic superpowers. U.S. goods imports from China dropped by more than $30 billion in the first half of 2019 compared to the previous year.


chartoftheday_17281_us_trade_balance_n.jpg

DESCRIPTION
This chart shows the U.S. trade balance in goods, services and overall. ...
So you would rather take every other leader's approach than Trump's - do nothing and be China's bitch...

No thanks.

I suggested years ago to put a selective 25% tariff on Chinese Goods until they started playing fair. But to do it willy nilly causes these kind of problems. One of the things I suggest we put the extra tariff on was Chicken. The US provides almost all the Chicken to China for their consumption and their exported processed chicken. it hasn't been done even today. Do the same for Pork for the same reasons. But leave the bulk of the other items alone. If a product is found to be in violation of a copyright then dont' allow it to be imported at all. But to play God with the Tariffs when Rump doesn't have the foggiest idea how to do it is just plain stupid and it ends up with stupid results. There are smarter people than Rump that he could bring in that are pros at it. But according to him, he's smarter than they are.
 
There is nothing more frightening than stupidity in action. This needed to be done 20 or more years ago when we still had the leverage to win. Also I remember apocalyptic predictions that doing things for the working poor like minimum wage hikes would crash the economy. Peanuts compared to this. Trump has cost conservatives the ability to complain about government "meddling" in the economy.
 
The trade balance is actually worse than it seems because record oil and gas exports from the USA are masking the decline in goods and services exports.

Manufacturing is already in decline in the USA and investment in industry is declining.

Donald Trump has trashed brand America and consumers around the world are reducing their purchases of US manufactures and services.

Tourism by foreigners has also declined as Donald Trump has made foreigners feel they are unwelcome in the USA.

Donald Trump has shot Uncle Sam in both feet.

Infographic: U.S. Trade Deficit in Goods Reaches Record High

U.S. Trade Deficit in Goods Reaches Record High
by Felix Richter,
Aug 5, 2019

Despite all efforts by the Trump administration to reign in the country’s trade deficit, the gap between imports to and exports from the United States climbed to a 10-year high in the first half of 2019. According to figures released by the Bureau of Economic Analysis on Friday, the U.S. trade deficit in goods and services declined slightly in June, bringing the total deficit to $316 billion for the first half of 2019, the highest it’s been since 2008. The increase was mainly caused by a historically high deficit in goods trade, which amounted to a record $439 billion, of which $219 billion can be traced back to trade with China alone.

While the U.S. trade deficit continues to climb overall, imports from China have in fact been affected by the ongoing trade war between the two economic superpowers. U.S. goods imports from China dropped by more than $30 billion in the first half of 2019 compared to the previous year.


DESCRIPTION
This chart shows the U.S. trade balance in goods, services and overall. ...

That also means that we imported less, which is good. We need to be less dependent on the rest of the world.

BTW, the DOW hit another record today. That's over 100 record closings since Trump's inauguration. There were only 122 record closings the entire 8 years Obama was President.
The trade war with China is necessary. If you want China to replace the US as the top dog economically, that's your right.
Most of us want the US to stay on top and to stop China from stealing US product designs and intellectual property.

Hell, even Nancy and the House supports Trump's efforts to get fair trade deals with China:

Democrat-led House seen backing Trump’s China trade war, scrutinizing talks with allies

Better fit Uncle Sam with some Chinese bullet-resistant robotic feet if Trump insists on continually shooting Uncle Sam's feet off.

In regard to Chinese technological evolution, the ship has already sailed and the US failed to board.
 
That also means that we imported less, which is good. We need to be less dependent on the rest of the world.

BTW, the DOW hit another record today. That's over 100 record closings since Trump's inauguration. There were only 122 record closings the entire 8 years Obama was President.

:banana:

How much of the DJI's growth under Trump came before the start of the trade war, and how much since?
 
That also means that we imported less, which is good. We need to be less dependent on the rest of the world.

BTW, the DOW hit another record today. That's over 100 record closings since Trump's inauguration. There were only 122 record closings the entire 8 years Obama was President.

:banana:

How much of the DJI's growth under Trump came before the start of the trade war, and how much since?
Doesn't matter. The economic indicators we use are terrible at judging the state of the working class economy.
 
That also means that we imported less, which is good. We need to be less dependent on the rest of the world.

BTW, the DOW hit another record today. That's over 100 record closings since Trump's inauguration. There were only 122 record closings the entire 8 years Obama was President.

:banana:

How much of the DJI's growth under Trump came before the start of the trade war, and how much since?
Doesn't matter. The economic indicators we use are terrible at judging the state of the working class economy.

While I agree in general, in this case the DJI is being touted as proof of the success of a policy, thus it is relevant to the current discussion.

What measures/indicators would be better?
 
The trade balance is actually worse than it seems because record oil and gas exports from the USA are masking the decline in goods and services exports.

Manufacturing is already in decline in the USA and investment in industry is declining.

Donald Trump has trashed brand America and consumers around the world are reducing their purchases of US manufactures and services.

Tourism by foreigners has also declined as Donald Trump has made foreigners feel they are unwelcome in the USA.

Donald Trump has shot Uncle Sam in both feet.

Infographic: U.S. Trade Deficit in Goods Reaches Record High

U.S. Trade Deficit in Goods Reaches Record High
by Felix Richter,
Aug 5, 2019

Despite all efforts by the Trump administration to reign in the country’s trade deficit, the gap between imports to and exports from the United States climbed to a 10-year high in the first half of 2019. According to figures released by the Bureau of Economic Analysis on Friday, the U.S. trade deficit in goods and services declined slightly in June, bringing the total deficit to $316 billion for the first half of 2019, the highest it’s been since 2008. The increase was mainly caused by a historically high deficit in goods trade, which amounted to a record $439 billion, of which $219 billion can be traced back to trade with China alone.

While the U.S. trade deficit continues to climb overall, imports from China have in fact been affected by the ongoing trade war between the two economic superpowers. U.S. goods imports from China dropped by more than $30 billion in the first half of 2019 compared to the previous year.


chartoftheday_17281_us_trade_balance_n.jpg

DESCRIPTION
This chart shows the U.S. trade balance in goods, services and overall. ...
Rather than rejoicing in America’s loss you should be lamenting the globalist control over your country

The loss of American power will hurt future generations of American children
 
The trade balance is actually worse than it seems because record oil and gas exports from the USA are masking the decline in goods and services exports.

Manufacturing is already in decline in the USA and investment in industry is declining.

Donald Trump has trashed brand America and consumers around the world are reducing their purchases of US manufactures and services.

Tourism by foreigners has also declined as Donald Trump has made foreigners feel they are unwelcome in the USA.

Donald Trump has shot Uncle Sam in both feet.

Infographic: U.S. Trade Deficit in Goods Reaches Record High

U.S. Trade Deficit in Goods Reaches Record High
by Felix Richter,
Aug 5, 2019

Despite all efforts by the Trump administration to reign in the country’s trade deficit, the gap between imports to and exports from the United States climbed to a 10-year high in the first half of 2019. According to figures released by the Bureau of Economic Analysis on Friday, the U.S. trade deficit in goods and services declined slightly in June, bringing the total deficit to $316 billion for the first half of 2019, the highest it’s been since 2008. The increase was mainly caused by a historically high deficit in goods trade, which amounted to a record $439 billion, of which $219 billion can be traced back to trade with China alone.

While the U.S. trade deficit continues to climb overall, imports from China have in fact been affected by the ongoing trade war between the two economic superpowers. U.S. goods imports from China dropped by more than $30 billion in the first half of 2019 compared to the previous year.


chartoftheday_17281_us_trade_balance_n.jpg

DESCRIPTION
This chart shows the U.S. trade balance in goods, services and overall. ...
^ ChiCom bot wants the USA to reward his Masters for stealing our IP, not allowing us full access to their markets, persecuting Muslims and Christians and suppressing Freedom on Hong Kong
 
The trade balance is actually worse than it seems because record oil and gas exports from the USA are masking the decline in goods and services exports.

Manufacturing is already in decline in the USA and investment in industry is declining.

Donald Trump has trashed brand America and consumers around the world are reducing their purchases of US manufactures and services.

Tourism by foreigners has also declined as Donald Trump has made foreigners feel they are unwelcome in the USA.

Donald Trump has shot Uncle Sam in both feet.

Infographic: U.S. Trade Deficit in Goods Reaches Record High

U.S. Trade Deficit in Goods Reaches Record High
by Felix Richter,
Aug 5, 2019

Despite all efforts by the Trump administration to reign in the country’s trade deficit, the gap between imports to and exports from the United States climbed to a 10-year high in the first half of 2019. According to figures released by the Bureau of Economic Analysis on Friday, the U.S. trade deficit in goods and services declined slightly in June, bringing the total deficit to $316 billion for the first half of 2019, the highest it’s been since 2008. The increase was mainly caused by a historically high deficit in goods trade, which amounted to a record $439 billion, of which $219 billion can be traced back to trade with China alone.

While the U.S. trade deficit continues to climb overall, imports from China have in fact been affected by the ongoing trade war between the two economic superpowers. U.S. goods imports from China dropped by more than $30 billion in the first half of 2019 compared to the previous year.


DESCRIPTION
This chart shows the U.S. trade balance in goods, services and overall. ...

That also means that we imported less, which is good. We need to be less dependent on the rest of the world.

BTW, the DOW hit another record today. That's over 100 record closings since Trump's inauguration. There were only 122 record closings the entire 8 years Obama was President.
The trade war with China is necessary. If you want China to replace the US as the top dog economically, that's your right.
Most of us want the US to stay on top and to stop China from stealing US product designs and intellectual property.

Hell, even Nancy and the House supports Trump's efforts to get fair trade deals with China:

Democrat-led House seen backing Trump’s China trade war, scrutinizing talks with allies

Better fit Uncle Sam with some Chinese bullet-resistant robotic feet if Trump insists on continually shooting Uncle Sam's feet off.

In regard to Chinese technological evolution, the ship has already sailed and the US failed to board.
Note the reflexive devotion to his ChiCom Masters
 
The OP must be a millennial.

"If it doesn't happen the moment it is stated, then it is a failure."

China is playing the long game, and Americans whine when their instant oatmeal takes more than 20 seconds.
 
The trade balance is actually worse than it seems because record oil and gas exports from the USA are masking the decline in goods and services exports.

Manufacturing is already in decline in the USA and investment in industry is declining.

Donald Trump has trashed brand America and consumers around the world are reducing their purchases of US manufactures and services.

Tourism by foreigners has also declined as Donald Trump has made foreigners feel they are unwelcome in the USA.

Donald Trump has shot Uncle Sam in both feet.

Infographic: U.S. Trade Deficit in Goods Reaches Record High

U.S. Trade Deficit in Goods Reaches Record High
by Felix Richter,
Aug 5, 2019

Despite all efforts by the Trump administration to reign in the country’s trade deficit, the gap between imports to and exports from the United States climbed to a 10-year high in the first half of 2019. According to figures released by the Bureau of Economic Analysis on Friday, the U.S. trade deficit in goods and services declined slightly in June, bringing the total deficit to $316 billion for the first half of 2019, the highest it’s been since 2008. The increase was mainly caused by a historically high deficit in goods trade, which amounted to a record $439 billion, of which $219 billion can be traced back to trade with China alone.

While the U.S. trade deficit continues to climb overall, imports from China have in fact been affected by the ongoing trade war between the two economic superpowers. U.S. goods imports from China dropped by more than $30 billion in the first half of 2019 compared to the previous year.


chartoftheday_17281_us_trade_balance_n.jpg

DESCRIPTION
This chart shows the U.S. trade balance in goods, services and overall. ...
While Wall Street continues to work its "2008 Repo Magic"
Some things never change?


“Intra-day Bankruptcy”: A 2008 Email from the Fed Provides Insight into Today’s Overnight Repo Scare

"There is one phrase on Wall Street that instills fright like no other – 'intra-day bankruptcy' – especially if it’s describing a bankruptcy filing by a highly interconnected Wall Street firm.

"On July 20, 2008 a Federal Reserve economist, Patrick Parkinson, used that phrase in an email to describe fears that Lehman Brothers might have to make an intra-day bankruptcy filing and to speculate on what was going on in the minds of the folks at JPMorgan Chase, Lehman’s clearing bank, regarding how it might get 'stuck' with Lehman’s overnight loans.

"The email describes perfectly what is highly likely going on in the minds of top executives at JPMorgan Chase today and why the Fed has been pumping hundreds of billions of dollars each week into unnamed trading houses on Wall Street since September 17."
 
The trade balance is actually worse than it seems because record oil and gas exports from the USA are masking the decline in goods and services exports.

Manufacturing is already in decline in the USA and investment in industry is declining.

Donald Trump has trashed brand America and consumers around the world are reducing their purchases of US manufactures and services.

Tourism by foreigners has also declined as Donald Trump has made foreigners feel they are unwelcome in the USA.

Donald Trump has shot Uncle Sam in both feet.

Infographic: U.S. Trade Deficit in Goods Reaches Record High

U.S. Trade Deficit in Goods Reaches Record High
by Felix Richter,
Aug 5, 2019

Despite all efforts by the Trump administration to reign in the country’s trade deficit, the gap between imports to and exports from the United States climbed to a 10-year high in the first half of 2019. According to figures released by the Bureau of Economic Analysis on Friday, the U.S. trade deficit in goods and services declined slightly in June, bringing the total deficit to $316 billion for the first half of 2019, the highest it’s been since 2008. The increase was mainly caused by a historically high deficit in goods trade, which amounted to a record $439 billion, of which $219 billion can be traced back to trade with China alone.

While the U.S. trade deficit continues to climb overall, imports from China have in fact been affected by the ongoing trade war between the two economic superpowers. U.S. goods imports from China dropped by more than $30 billion in the first half of 2019 compared to the previous year.


DESCRIPTION
This chart shows the U.S. trade balance in goods, services and overall. ...

That also means that we imported less, which is good. We need to be less dependent on the rest of the world.

BTW, the DOW hit another record today. That's over 100 record closings since Trump's inauguration. There were only 122 record closings the entire 8 years Obama was President.
The trade war with China is necessary. If you want China to replace the US as the top dog economically, that's your right.
Most of us want the US to stay on top and to stop China from stealing US product designs and intellectual property.

Hell, even Nancy and the House supports Trump's efforts to get fair trade deals with China:

Democrat-led House seen backing Trump’s China trade war, scrutinizing talks with allies

Better fit Uncle Sam with some Chinese bullet-resistant robotic feet if Trump insists on continually shooting Uncle Sam's feet off.

In regard to Chinese technological evolution, the ship has already sailed and the US failed to board.

WTF do you mean shooting the US feet off? Whatever you're implying, you're wrong. The Trump tariffs are working, China's economy is slowing.
Many companies in China are moving to VN. The trade war is working in favor of the US. The US economy is growing, the stock markets are setting records almost daily.
A better question is: will Xi give Trump a victory and a "fair" trade deal, or will Xi try to make life difficult for Trump in hopes of getting democrats a win in 2020?

Bloomberg - Are you a robot?

The Chinese technological revolution was founded in large part on the theft of US intellectual property.
Competing With China on Technology and Innovation
"Aside from broader issues of trade and economics, the United States and Japan should consider the specific risks and opportunities related to competition with China in high-tech innovation. A so-called fourth industrial revolution is under way, a revolution characterized by discontinuous technological development in areas like artificial intelligence (AI), big data, fifth-generation telecommunications networking (5G), nanotechnology and biotechnology, robotics, the Internet of Things (IoT), and quantum computing. Breakthroughs in these fields can potentially shift the future balance of economic and military power, prompting governments and large corporations to compete aggressively now over their development and applications."

So whose side are you on?
 
Do you know the left, still deny they hate this country?

Do you know some of them even deny they are marxists?

Less and less of them deny that now, but some of them still do.

We all remember there were more soviet hammer and sickle flags at their democrat rally in 2016. Remember that? In fact they could not find one American flag, then of course the nexr day, after it was pointed out, the patronizing racist losers put American flags everywhere.

What losers.

Wonder if they will have china flags at the next rally.

Happy Thanksgiving everyone. I hope that offends leftists as much as I know it does.
 

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