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China tech ban mirrors 1980s attempts to destroy Japanese competition
In the 1980s, the U.S. imposed a 100% tariff on virtually all Japanese electronics and forced Tokyo to sign a one-sided trade deal that reserved much of its domestic semiconductor sector for American companies.
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Trump is trying to make NAFTA even worse
Many on the Left have been deeply critical of the North American Free Trade Agreement (NAFTA) since before it was fast-tracked into law by former President Bill Clinton in 1994. Now, President Donald Trump’s current plan to renegotiate NAFTA is poised to make the massive trade deal even worse.