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Most favored nation (view source)
Revision as of 23:44, February 21, 2021
, 23:44, February 21, 2021→Jay Treaty
By 2017, the imposition of [[tariff]]s by U.S. President [[Donald J. Trump]] began to redress the imbalance. China's economy was developed over those early decades of the 21st century as a coastal, manufacturing economy entirely dependent on exports. Young people left their home villages in the countryside to seek work in coastal factories. The prosperity was all built on access to the U.S. consumer market, and Americans' appetite for cheap manufactured goods. Scant attention was paid to developing a domestic service sector economy, while the vast interior remained impoverished, and increasingly so as young people abandoned rural agricultural work for urban factory work.
By 2017, the imposition of [[tariff]]s by U.S. President [[Donald J. Trump]] began to redress the imbalance. China's economy was developed over those early decades of the 21st century as a coastal, manufacturing economy entirely dependent on exports. Young people left their home villages in the countryside to seek work in coastal factories. The prosperity was all built on access to the U.S. consumer market, and Americans' appetite for cheap manufactured goods. Scant attention was paid to developing a domestic service sector economy, while the vast interior remained impoverished, and increasingly so as young people abandoned rural agricultural work for urban factory work.
==Monroe Doctrine==
:{{See also|Monroe Doctrine}}
After the Napoleonic wars (which ended in 1815), almost all of [[Latin America]] revolted against Spanish or Portuguese rule and declared independence.<ref>The main exceptions were the West Indies islands especially Cuba and [[Puerto Rico]] which remained with Spain until 1898.</ref> Americans welcomed this development as a validation of the spirit of [[Republicanism]]. [[John Adams]] suggested delay in formal recognition until Florida was secured in 1819. The whole problem of imperial invasion was intensified by a [[Russia]]n claim to the Pacific coast down to the fifty-first parallel and simultaneous European pressure to have all of Latin America returned to its colonial status. In March 1822 President [[James Monroe]] informed Congress that permanent stable governments had been established in the United Provinces of La Plata (present-day Argentina), Chile, Peru, Colombia, and Mexico. Adams, under Monroe's careful supervision, wrote the instructions for the ministers (ambassadors) to these new countries. They declared that the policy of the United States was to uphold republican institutions and to seek treaties of commerce on a [[most-favored-nation]] basis. The United States would support inter-American congresses dedicated to the development of economic and political institutions fundamentally differing from those prevailing in Europe. The articulation of an "American system" distinct from that of Europe was a basic tenet of Monroe's policy toward Latin America. Monroe took pride as the United States was the first nation to extend recognition and to set an example to the rest of the world for its support of the "cause of [[liberty]] and humanity."
==Jay Treaty==
==Jay Treaty==