The US
brought back Steel and Aluminum production to US-based factories in 2019. Now we are hearing that the US will bring
back Pharma, Chemical and Electronics production to US-based factories in 2020.
China
will pay a price for their mishandling of the Coronovid19 containment in the
October-December 2019 period. This will
likely result in the return of all manufacturing of US consumer goods to be
returned to US-based advanced manufacturing facilities.
The US
China Trade Agreement is likely to be diminished and exports of food from the
US to China will likely fall short of the terms of the agreement. The US will also likely take other steps to
end China’s theft of US intellectual property.
The
loss of lower-wage jobs due to the Coronovid19 mitigation actions will likely
result in tight restrictions on immigration of low wage workers and imports
from low wage countries.
Norb
Leahy, Dunwoody GA Tea Party Leader
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