is a good idea? Since we depend on Asia for our production, is it a good idea to depend on them as consumers as well. I think Obama is showing his inexperience in matters concerning the economy. I believe he should be concentrating on ways to build up demand in our economy. I wonder what our trade terms will be on this deal. Buy the stuff from us that China produces. What do we produce in this country that Asia can't buy from their own? What's your opinion on this visit?
Building up demand for our products is a good thing as long as we don't fall into the same trap China sprung on us. India could demand that our companies set up shop in their country so they can buy the products locally. Just like the Harley example I read by a poster. Could this lead to more one-sided trade agreements?
Billy Blaze: With that answer you're showing your lack of understanding of the free trade agreements. Many countries will buy American only if the American company produces the product in their country so they can buy locally. This is why American companies build factories overseas and use cheap labor to produce the goods. This is the basis of our agreements with China.
If the trip to Asia is nothing more than to get Asians to buy American exports from the U.S., then fine. Your answer is right. However, if India, Indonesia, etc demand that we move our production to their country to create a market for goods, then we're screwed.
Building up demand for our products is a good thing as long as we don't fall into the same trap China sprung on us. India could demand that our companies set up shop in their country so they can buy the products locally. Just like the Harley example I read by a poster. Could this lead to more one-sided trade agreements?
Billy Blaze: With that answer you're showing your lack of understanding of the free trade agreements. Many countries will buy American only if the American company produces the product in their country so they can buy locally. This is why American companies build factories overseas and use cheap labor to produce the goods. This is the basis of our agreements with China.
If the trip to Asia is nothing more than to get Asians to buy American exports from the U.S., then fine. Your answer is right. However, if India, Indonesia, etc demand that we move our production to their country to create a market for goods, then we're screwed.