Guess who is buying our bonds to make those deficits possible? The answer is China.
As we discussed on Friday's show, it may be time to issue tariffs on Chinese products to protect the US manufacturer. We believe in free trade but this is unfair trade, or the kind of economic relationship that hurts US small businesses.
Last year, I was talking to as small businessman in Dallas who could not compete with China. They were undercutting his prices to such an extent that it was impossible to operate a business. We need to protect that small businessman not Chinese interests!
Click here for the Friday show with Dr Ileana Johnson:
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Tags: More on the coming US-China collision
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