B402, You left out Indonesia, Malaysia, Arab countries, Vietnam and others.
Riddle your ass. Your understanding of the pluses and minus of world trade is as misguided, misshapen and shallow as Trumps. For one world trade has lifted millions out of poverty.
And one further you have never acknowledged and probably dismissed before now
A Closer Look at Job Loss
How much of these job losses can be attributed to the impact of NAFTA? Wharton management professor Mauro Guillen has a very different view, suggesting that without NAFTA, many jobs that were lost over this period would probably have gone to China or elsewhere. “Perhaps NAFTA accelerated the process, but it did not make a huge difference. At the same time, a lot of jobs were created in the U.S. that wouldn’t be there without the Mexico trade. I’m not just talking about Texas or California or Arizona…. Many of the products made in Mexico are designed in the United States. So there are a lot of jobs created here.”
Walter Kemmsies, chief economist at Moffatt Nichol, an international infrastructure consultancy, notes that close to 40% of what the U.S. imports from Mexico is derived from U.S. sources. “This is the symbol of the success of NAFTA.” Twenty years ago, he estimates, that percentage was less than 5%.
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