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Should the U.S. stop importing from China?
That is a very good question.
I think the united states, russia and others have been shortsighted, focusing only on the short term in their business dealings with china. The basic business plan involving china is to setup a factory in china. Benefit from lower cost of labor to enable lower cost manufacturing of goods.
Unfortunately, the long term outlook involves china stealing all of the copyrighted and intellectual property utilized to produce high end goods. China can already produce their own counterfeit iphones and ipads having stolen patented technology from apple. The natural question there is whether or not apple has made itself obsolete by sharing much of its key technology with a country known for producing pirated goods and content.
It would seem that important technological advantages countries like the USA had over china are being sacrificed for a better short term profit.
That could be considered a bad business deal.
