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China’s Export Addiction Is Even Worse Than America’s Import Addiction, by Auguste Meyrat – Brown Pelican Society of Lousiana

China’s Export Addiction Is Even Worse Than America’s Import Addiction, by Auguste Meyrat

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Chinese flag, Beijing, China. October 16, 2009. Author Daderot. Permission (Reusing this file). Public domain. Licensing Public domain. I, the copyright holder of this work, release this work into the public domain ...

By Auguste Meyrat, The Stream, April 16, 2025

Auguste Meyrat is the founding editor of The Everyman, a senior contributor to The Federalist, and has written essays for Newsweek, The American Mind, The American Conservative, Religion and Liberty, Crisis Magazine, and elsewhere. Follow him on X and Substack.

 

In defending President Donald Trump’s tariffs, much has been said about the American economy slowly imploding from importing and consuming far more than it exports and produces, resulting in a global trade deficit amounting to trillions of dollars every year. Common sense would suggest this is not sustainable, and that a course correction is necessary before the country is fully spent and incapable of financially supporting itself, let alone the rest of the world.

But what about countries that depend on exporting most of their goods? Both sides tend to agree that they have been profiting greatly from the current arrangement. Most nations in East Asia have built up their industrial sectors, increased their manufacturing capacity, and have grown from rural backwaters into high-tech, developed societies in the span of a few decades because of this fact alone….

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