There is something ironic in Bernie Sanders and Donald Trump agreeing on economic issues such as trade with other nations. Neither has indicated they grasp the nature of the modern world economy. These days cars’ manufactured in America’ contain parts made in Mexico or Canada. In other words, placing a high tariff on goods from Mexico automatically raises the price of American made cars! The United States EXPORTS over TWO TRILLION DOLLARS WORTH OF GOODS. Oh, and wages in export jobs pay 18% higher wages than do those in import jobs. Trump has promised to cancel the Trans Pacific Partnership–TPP.
Conservative John McCain warned his colleagues as to the consequences of abandoning the TPP. ” I think we are going to pay a terrible price for abandoning the TPP. You are going to see Chinese assertion of economic influence in the region, and possible dominance.Countries are going to join with China in trade agreements. We are going to be outside, out in the cold.Historians will judge us harshly.” It will be an economic disaster!