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This is very interesting. I don't recall a time when the exports from China have fallen. Much less at such a fast pace.
Thanks to Biden, the United States is breaking the addiction to Chinese made products.
Hopefully more businesses will return to the United States.
The downward slide of their exports started last October.
China isn't the only Asian nation to see decreases in exports. South Korea is also seeing decreases in exports. In fact, five out of seven Asian nations are in manufacturing contraction.
Personally, I do all I can to avoid buying products from both of those nations. Yes it's impossible with some products but that is also changing. Not long ago it was nearly impossible to find furniture made in the United States. Now, furniture is being manufactured here in my state and in California. I've bought furniture made about 25 miles from my home and from California.
We finally have a president who doesn't just talk about the trade imbalance, we finally have a president who actually is doing something about it.
Thanks to Biden, the United States is breaking the addiction to Chinese made products.
Hopefully more businesses will return to the United States.
The downward slide of their exports started last October.
China isn't the only Asian nation to see decreases in exports. South Korea is also seeing decreases in exports. In fact, five out of seven Asian nations are in manufacturing contraction.
Personally, I do all I can to avoid buying products from both of those nations. Yes it's impossible with some products but that is also changing. Not long ago it was nearly impossible to find furniture made in the United States. Now, furniture is being manufactured here in my state and in California. I've bought furniture made about 25 miles from my home and from California.
We finally have a president who doesn't just talk about the trade imbalance, we finally have a president who actually is doing something about it.