You're a blind ideologue who doesn't like the Dems on cultural and racial issues which causes you to blame the Dems for a wider range of economic issues, blame which does not stand up to scrutiny. Biden handed the country two bills that were designed to help far more of the country than anything Trump has done or proposed to do.
I think the world has had the advantage on trade with the US and its time that changes....
Please, going forward, drop any of your assertions into the AI search box of your choice. I do.
The world has had the advantage on trade with the US? Really?
The claim that "the world has had the advantage on trade with the US" is a common talking point, but the reality is more nuanced.
1. Trade Is Generally Mutually Beneficial
Economists broadly agree that trade, including free and open trade, has benefited the U.S. economy overall. The U.S. gains from access to goods and inputs produced more efficiently abroad, which supports lower prices for consumers, boosts innovation, and enhances economic growth. In fact, international trade is estimated to have raised American real incomes by 9% compared to a world without trade liberalization.
U.S. companies, through both importing and exporting, can prosper, compete more effectively on the world stage, shield themselves from currency fluctuations, and quickly respond to supply chain disruptions.
2. The U.S. Trade Deficit and Its Meaning
The United States typically runs a trade deficit, meaning it imports more than it exports—especially in goods, though it runs a surplus in services.
A trade deficit, though sometimes seen as a sign of disadvantage, is not necessarily harmful. It allows the U.S. to access a wide range of goods and services, keeps consumer prices low, and attracts substantial foreign investment. The United States’ status as the issuer of the world’s main reserve currency also means that global demand for dollars increases the trade deficit, but this is seen as a benefit for America, not exploitation.
Trade deficits often reflect macroeconomic factors like savings rates, rather than an "unfair deal." The U.S. tends to save less and invest more compared to many other countries, and trade deficits help balance these macroeconomic flows.
3. The Structure of U.S. Trade Relationships
There have been concerns—especially among some politicians—that certain countries gain at the U.S.'s expense due to trade imbalances or protectionist policies. However, most evidence suggests that the U.S. is not broadly being "taken advantage of"; instead, the overall benefits of trade (jobs, economic growth, consumer choice) are widely distributed.
Recent major trade deals, like the 2025 U.S.–EU agreement, aim to remove many tariffs and open more markets to U.S. products, further balancing relationships and benefiting U.S. industries and workers.
4. Trade Does Create Both Winners and Losers
While the overall economy benefits, trade can harm specific industries or workers exposed to foreign competition. This drives much of the political debate about "fairness." Nevertheless, the consensus remains that trade's benefits to the U.S. as a whole outweigh its downsides, especially when policies are in place to assist affected workers and communities.
Bottom Line:
The United States has not been systematically disadvantaged in global trade. Rather, trade has been a net positive for the U.S. economy—raising standards of living, supporting millions of jobs, and keeping the country a leader in innovation and productivity. Individual sectors or groups may face challenges, but these are not evidence that "the world" as a whole has had the advantage over the U.S. in trade
Perplexity.ai
Market Data 
Markets 
AI
