Friday, March 3, 2023

China is out to replace the United States as most important world power

I do not approve.  Here of some things that we should do to slow China down.

We ought to pass a tariff of 10% or maybe more on all Chinese goods.  That will cost the Chinese some business. The president can do this.  US tariffs are set by executive order of the president.

We should forbid US banks and other financial companies from loaning money to Chinese companies.  If a Chinese company needs to borrow money, it should borrow from places in China.  I believe this will require legislation in Congress.

 We ought to make a list of strategic items that US companies may not sell to China.  Semiconductors, small arms, ammunition, crude oil and refined fuels such as gasoline and diesel.  Coal, heavy weapons and their ammunition.  Aircraft.  A commission could come up with a more comprehensive list.  This ought to require legislation in Congress, but similar things have been done throughout the cold war on authority that I don’t understand.

US college education falls into two classes.  Four years of American college education is a hoot.  All of us who did college look back fondly on our college years.  Chinese students who graduate from an American college take back good memories of their time in America and will make it easier for us to get alone with China in the future.  Chinese students who are just out of high school (18 years old), unmarried, paying full list price, we ought to welcome.  Older students, who might be applying to US colleges to learn up-to-date US technology or snoop classified research, ought to be subject to more stringent checks.

Marking your product “Made in America” increases the sale of the product.  We ought to have an organization the keeps track of the “Made in America” mark and require that only 10 or 15 % of the product come from China, the bulk of the product should be from the US or friendly countries.  This might also require legislation from Congress to achieve. 

We ought to ban Tik-Tok and the like.

 

 

No comments: