In service to Trump

Free trade with China, started by Bill Clinton in 2000, is an error. Due to the low production costs in China, since 2001, we buy more and more in China and so have made China far too rich in a very short time, in just these 24 years. Already in his first presidency, President Trump understood there was something deeply wrong there. And apart from that excellent intuition, POTUS also has this tremendous guts, his total lack of fear, that none if his predecessors had. In that he is unique. But, with insufficiently competent advisers, he does not know how to go about ending this erroneous free trade . I have this knowledge, so. . . 

I wish President Trump lets me advise him

With me, the process of ending free trade with China will be a roaring success, while right now it is a chaos that upsets everybody, including himself.

Here is how I can help:

I can write the well prepared speech, where he explains what he doing, why and how. This will calm the stockmarkets, the press, the pundits. It will also show his superior insight in what is going to happen.

I will advise POTUS to announce an end to goods shipped here from China in six months, thus giving American industry the time to invest in productiin capacity for those products we need, but are now buying from China.   

This will create the circumstance by which he can stay the course and not seem to be hesitating as we see now.

As China cannot retaliate in equal manner to the US, the US will inevitably win this fight and be able to continue with it. Should they try to put tariffs on American products going to China, as they import far less from the US than the US imports from them, they cannot do as much harm to the US as we can do to them. So stopping free trade with China and replacing it by Equal Trade can become a major success. But only if POTUS stays the course.

Ending the flow of goods from China to the US will inevitably create a short dip in GDP, both here, temporarily, and much more permanently, in China. After that short dip here, which will not last longer than a year and a half, there will a huge surge in confidence in what we, in the West, can do and will be doing, and once we will have freed ourselves of the cheap Chinese products that slowly kill our industry, there will inevitably be an economic boom. And a boom in our selfconfidence too.

China will then have a deserved, much longer, dip in its economy. Beijing has profited far too much from our error. Their coming dip is deserved.

As compared to Washington, in Brussels, the HQ of the European Union, there is a far greater ignorance about what is happening economically. Ursula von der Leyen speaks of ‘not decoupling but derisking’, which shows she has no idea what she is talking about. POTUS, once he will have the expected success, will have to convince the EU to do as he does. Europe too should end their free trade with China. Convincing Brussels will take time but should eventually succeed. Trump's actions will be convincing.