In the last days, the subject of trade war has become part of our daily conversation. Following the decision of President Donald Trump to impose taxes on import of many products into the United States, a wave of reaction and action have been taken by the rest of the wolrd. In many new papers, the concept of imposing import taxes is presented as a negative move, contradicting the idea of global trade and progress.
Amusingly enough, I believe that the reality is completely the opposite. Do not understand me wrong, I oppose many of the actions and behavior of Donald Trump. I even took the time to write a few posts about it. From the other side, this specific move is actually positive and constructive for the US. As it look, the reaction of the world nations to the US move, can bring the world economy to obtain an healthier balance.
Let me explain myself. It in not a secret that the world has change drastically in the last 20 years. We became a global platform. The borders of many countries have been opened for legal immigration and a world trade system have been established, in which the import and export of goods became wild and dangerous.
To understand it better, we can take Europe as an example. Following the creation of the European Union and the rise of the Chinese manufacture Empire, a few dramatic changes happen in Europe. Many countries, as Italy, Portugal, France and even Germany Has lost part or all of their manufacturing capacity. Affecting many domains and production sector. The main cause for such a trend is based on the capacity of local retailer to import cheaper alternative. The number of factories that closed or relocate themselves to another country is massive. Leaving big part of the medium to low class population without a job.
It is true that some other jobs has been created in the logistics and transportation sector, which do not imply that it covers that amount of unemployment created neither that the position were suitable for the new unemployed group of people. When Donald Trump explains that those recent decision on imposing import tax will create more local job, he is probably right. The Professionalism of Mr Trump in many political fields can be questionable, but the man understands business.
With the fast rise of the Global world, it is important to understand its consequences and its causes. The world economy has proved itself to be unstable in the last decades. The lack of responsibility of banks, big cooperations and temporal governors for the life and income of the masses is not a rumor any longer but a fact. For once, I believe the idea of imposing import tax is extremely important and even necessary for the sake of protecting the local production, the local employment and the well being of the masses. The reaction of the other countries is a symptom of an old system which is blind the changes that happened in the world and show an incapability of those institution to take real responsibility on the fate of their citizens.
Change is constant. The outcome of those changes are based on the decision made today. It is the job of our governments to protect and promote the well being of their country’s, regardless of the need to participate in the race for Globalization. For once, the idea that “America should be first” from the perspective of the American government policy should not only be respected. It should be a lesson and a reminder for all the world politicians.
Can you feel the unemployment rising in your city? Does local production became hard to find?
Please share with me your thoughts. Awareness and open conversation are the key for the creation of a better future.