world was the difference. Most of the uniformed will say it only allowed companies to buy back shares and enrich themselves. But also significant capital was repatriated. That capital infusion improved balance sheets and has helped corporations expand and weather losses associated with the tariffs. We are a command economy whereas China is an export economy. GDP per person in the US is $62k per person. In China it’s under $9,000. Our economy is humming and when China raises the red flag we will have them on an even playing field. Trump is the only President I could imagine on either side of the isle that would dare play chicken with China.
This message has been edited 2 time(s).