Trade Protectionism Helps Nobody—Not Even the Pandas

  • 📰 Newsweek
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 52%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

It is of tremendous importance to push back against calls for more protectionism with China. Trade helps our economy, and it keeps us safe.

President Joe Biden recently landed a victory in panda diplomacy with the announcement that China is sending two giant pandas to the National Zoo in Washington, D.C. The news generated considerable interest from political consultants, who are thrilled that the pandas' return means they will no longer be the laziest ones in town.I'm happy they're back.

Politicians have long been riled up about the need to expand internet access in rural areas, but heaven forbid someone from China helps build the routers to do it.And most egregious, the Biden administration has damaged U.S.-China trade relations through its banning of TikTok. Proponents argue this measure is necessary because the app's algorithm supposedly brainwashes users and manipulates them into believing all sorts of Chinese propaganda.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 468. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines