Trump vs The Trade Agreement
Everyone is speculating will our new President actually rip up the Trade Agreements. We have to take this at face value. I mean it was a campaign promise.
The first thing his critics say is that he, himself has several business ventures in Asia and Europe. Oh no, he would never try to do away with something that has made him money. That may be so.
Actually a lot of companies have made a ton of cash in Asia. Are they all happy though...? Lets take a trip back in time and analyze this issue.
First off we have Walmart. Walmart has made and obscene amount of money in China. They were forced to retreat their operations to Mexico somewhat though.
The Chinese Walmart workers protest against Walmart every other year. They completely shut down Walmart's Asian operations at the drop of a hat. They have accused Walmart of modern day slavery, and intimidation tactics.
Now weather Walmart is guilty or not is up to their court system. I will say though that Walmart was forced to Pony Up tons of cash to the Chinese workers to keep them happy. This could be viewed as a form of blackmail.
I mean you have all heard the stories of American companies doing business in China. The American companies claim the same thing. They say they are being bullied by the Chinese government.
If you have an American company over there they will hack you, steal intellectual property, then threaten to kick your company out of China if you complain. Yes Walmart made a ton of money in China, but they may want that trade agreement re-vamped. It should include a clause that says the Chinese Government needs to do more in public relations to calm rioting workers.
Believe it or not the Chinese have a foreign company tax you have to pay to do business over there. This is money paid just in case our "Deplorable" American ways offend a Chinese citizen (As If). Their attitude is that you are the foreigner and you are automatically wrong.
Here's a good one. What about all the lawsuits Apple had to file against Samsung and other Asian companies for stealing blue prints and counterfeiting their products. Apparently there is a spy working inside FoxCon. FoxCon makes all the Apple innards.
There are entire counterfeit Apple Store franchises in China. How are they duplicating his stuff like that. Oh... Um... THERE'S A FREAKING SPY INSIDE FOXCON DUDE!!
Not only that but there must be a duplicate factory being constructed for every factory an American investor builds. Basically Apple builds a factory near Hong Kong in Eastern China, Then the Chinese government approves a spy operation to build a similar factory in Western China. They steal your blue prints then send it to their company for the Greater Glory of China.
This would explain their huge over build. They have entire Ghost Cities just siting there empty, ready to be filled up with stolen American Industry Ingenuity. I bet if we invaded China right now, we would find all kinds of hidden factories that duplicate stolen patents.
Example: Look up Putain City, China. Putain City in Northern China is notorious for being filled with DOZENS OF ROUGE FACTORIES that do nothing but duplicate products they hold no patents on. They sell knock off versions of everything from Nike tennis shoes to Polo Jeans.
Apple innovations end up inside XIAOMI, and Samsung products all the time. They are arguing constantly in court with each other over there. Yes Apple made of ton of cash in China, but they may want that trade agreement re-vamped to include stiffer penalties for theft of their intellectual property.
Last but not least of these examples is Home Depot. Home Depot thought it was a good idea to buy Home Way in China. The Chinese citizens didn't like the take over. They complained that the new store was to expensive to shop in.
Home Depot lost money on the Home Way acquisition and tried to shut down and back out. The Chinese Workers rioted in protest. They took the American Home Depot workers hostage.
It was of course a very embarrassing ordeal for the company. Yes Home Depot even tried to do business in China, but they may want that trade agreement re-vamped to include a guarantee of safety from the Chinese government. There is money to be made, but at what cost?
If President Trump can help with some of these Fortune 500 Issues, then we should all allow him to try. If he can get some of these manufacturing jobs back then that's even better. After all he is structuring an political 'Dream Team'.
We may see a dynamic tension that holds us together and makes things better. Or I could be wrong. The bottom line is that everything that glitters isn't gold, and NAFTA wasn't all it was cracked up to be.
