U.S. growth to suffer
China wants to make the 21st century the Chinese century.
They are engaged in massive development projects spanning dozens of countries. They are building highways, railways, airports, power plants, internet facilities and seaports in these countries.
The potential trade from this effort may exceed $2.5 trillion a year.
Unfortunately, President Trump's protectionist policies are helping China to replace the U.S. as the global trade leader.
His abandonment of the Trans-Pacific Partnership has left a void that China is going to fill.
Unless voters make their voices heard, U.S. growth is going to suffer.
Bob Michaelsen, Denton