Ditto. Trump is correct that the trade imbalanced should have been addressed years ago by prior admins..... but Bush and Odumbo gave away the farm... and China ain't giving it back.
To the always Trumpers bleeting like sheep about "muh 4D chess", "mad genius", and "Trump Derangement Syndrome": I've attached an image from wikipedia to remind you who nominated Powell. Trump is an absolute clown. A good response might've been "disappointed with my pick for chair". A better response would've been "we have to trust the people with economics degrees to give us guidance". Instead this asshat compares Powell, a man he nominated and was given the position by the senate full of loyalists, to Xi a brutal authoritarian. What a complete clown. It is impossible at this point to understand someone who supports Trump's economic policies. You'd have to have a few extra chromosomes lying around. On Topic: I speculate he could do it via any of the recently passed DHS-friendly laws. However the president, in theory, cannot create or enforce laws. Doing something like that would be a literal disaster and everyone across both the aisles would start calling him a tin pot dictator, and rightfully so at that point.
It should have been addressed decades ago but trying to bring back "made in america" is Gone Forever!!!
Authority to what.... tell companies to "start looking"? No authority there. It's not like he's saying, "you can't buy from Chinese manufacturers"... at least not right now. He seems to be going in that direction on Huawei though.
America has trade deficit with most of its major trading partner countries. It looks like the problem is from itself, not from other countries. Mexico，Canada,Japan,Europe,Brazil，Korea，Germany，India，Taiwan. Did they all treat America bad as Trump repeatly said?
China will just wait him out till 2020 and if he wins reelection they'll make some half-ass attempts to look like they care and then they'll just wait out the next election. Xi doesn't have to win a popularity contest every 4 years, time is on his side.
The trade imbalance began closer to the 1970s starting with japan so nice try laying it at Bush and Obama like it was all rosy before them. It happened because it is too expensive to build shit in this country, plain and simple. Why is that so hard for people to understand. We are a Consumer nation and people want shit at cheap prices. You want to blame China, Japan and India but we are addicted to cheap shit and companies want profits so they build overseas. End of story. Trump himself has his suits and other shit made in china because he admits it is too expensive to make here but wants all you suckers to build shit here at a higher price and pay more. And you all swallow his jizz blindly. So much stupidity... Trump aint doing shit because the voters are the same people who suffer from tariffs and being forced to buy American.