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Why Am I Not Surprised?

This is a story reported by the BBC ; https://www.bbc.com/news/world-us-canada-50849559#

You can check different sources;  the fact is the U.S. Department of Agriculture listed Wakanda as a trading partner.   It was listed until Wednesday, when someone noticed and it was taken down.

The Department of Agriculture gave some kind of slap dab explanation as to why it had been listed which is funnier than it being done in the first place.

Simply put, no one ‘in charge’  was aware of the ‘glitch’, because they really have no idea what countries exist, where they are, etc.  

When the ‘Trade War’ began, those of us in the 3rd World were amazed that the U.S. had absolutely no idea of the extent of Chinese trade in the World. 

I doubt anyone holding an exalted position in America which has anything to do with Trade was even slightly aware that China doesn’t need to sell or buy from the United States at all.   

The true reason for dropping the tariffs is not American ‘success’, it is clear and utter failure. 

Reality is that Americans do not investigate on their own.  They accept what they are told.  While pointing to everyone else’s propaganda do not admit their own.

https://psmag.com/news/the-trump-administration-will-pay-farmers-16-billion-for-its-trade-war

Sixteen Billion dollars had to be paid by the American government to American farmers to make up for their losses due to the Trade War.  

All this could have been avoided if those who were ‘in charge’ were familiar with reality.  

Report

What do you think?

Written by jaylar

2 Comments

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  1. You make some very good points. Trade only works when one nation wants something that another nation can provide at better quality or lower price than they can provide for themselves, or if the goods are simply not available in the home country – such as certain foodstuffs.

    However, a nation can use trade as a weapon, such as by selling goods at an absurdly low price, which has the effect of destroying an industry in the country that buys the goods. How does an affected nation respond? It can retaliate by doing something similar, or by slapping tariffs on the imports that are causing the problem. You then have a trade war, which can be unavoidable.

    These can be very murky waters!

    • I learned, in the late 80s that China ‘invaded’ Kenya. I was told how it happened and how so many local Kenyan businesses were put out and how trade with other nations became less and less.

      In the 90s I saw it happening in my country.

      If you came here you would notice that everything is made in China. Very few items are from elsewhere. This is ‘standard’ in about 124 countries.

      Although I doubt the complete set of facts will emerge for a decade, I am sure the US economy has taken a savage beating.

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