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→USMCA
==USMCA==
==USMCA==
Trump replaced [[NAFTA]] with the United States-Mexico-Canada Agreement.
Trump replaced [[NAFTA]] with the United States-Mexico-Canada Agreement.
==Trade deficit==
Contrary to Cold War era idea that free trade would encourage tyrannical regimes to become democratic - an argument used to sell globalization - experience now has proven only serves to strengthen non-democratic [[human rights]] violators. China and Iran are two of the most shining examples. The widespread notion that [[democracy]] and free trade go hand-in-hand has been discredited.
[[File:20180710 NATO Expenditure-3.jpg|right|250px|thumb|NATO spending in 2018.]]
Donald Trump has been a lone voice of [[realism]] against globalists, who initially pitched the democratizing influence of free trade, and now are content with the status quo of their failure and the impoverishment of [[Western]] nations.
[[Globalism|Globalists]] have made the United States a service economy with 70% of all [[employment]] in service industries. American services are traded for foreign manufactured goods, leaving huge trade deficits, and bankrupting the nation. Reversing these trends, and President Trump's insistence that [[NATO]] partners carry their fair share of the cost burden, are the primary reasons why globalists have such intense hatred and opposition to Donald Trump.
===Chinese tariffs===
[[Tariff]]s on Chinese imports stemmed the [[capital]] outflow to China, sparked creation of manufacturing and service sector jobs in the U.S., and slowed the Chinese [[military]] build-up which previously was being funded by American [[consumer]]s.<ref>[https://www.americanthinker.com/articles/2018/06/trade_deficits_paying_for_china_military_buildup.html]</ref>
==Jobs==
==Jobs==