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2525 points hownottowrite | 1 comments | | HN request time: 0.207s | source
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cco ◴[] No.21191326[source]
I said a similar thing yesterday but I think it has become clear that importing from China was mostly fine for our country, debatable on the lost jobs and environmental part sure, but exporting to China was a poison pill that we never should have swallowed.

China has become less liberal, in the meaningful ways, since Nixon "opened up" China in the 20th century. And the flip side is that when we began exporting to them we installed pathways for China to control and de-liberalize the US.

The more economically important China becomes to the US the more it will control our companies and public political sphere.

replies(2): >>21192303 #>>21192757 #
1. magicsmoke ◴[] No.21192757[source]
The issue is that the more you import from China, the more USD they accumulate, and the more attractive an export market they become. Trade is a two-way street, you can't keep up a permanent stream of imports forever without giving something in return. There's no such thing as a free lunch.