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.
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.