Trade Policy

The United States will move to a trade surplus. Products that are currently being imported that have the least difference in cost of production when compared to the cost of producing them in the United States will be targeted, and the production of these products will be moved to the United States. This way, there will be the least impact on prices. Factories can be opened in low-income states such as Mississippi, Alabama, West Virginia etc., so the cost of labor is the lowest. Running a trade surplus can also be used to increase the rate of development of low-income countries. Trade balances can be controlled so high-income countries run trade surpluses, and low-income countries run trade deficits. The deficits will then be balanced with charity in order to keep low-income countries out of debt. This will be beneficial to low-income countries in various ways. One, they will be importing more than exporting, in other words, receiving more than giving. Two, balancing the deficits with charity will keep them out of debt, which should help keep inflation down, leading to a more stable domestic economy. Low-income countries often have high rates of inflation, much of which has to do with printing money to fund trade deficits and foreign debt. Three, the charity can help the countries develop, as the money is used to fund various projects. What trade balances should be for each country can all be calculated based on the GDP per capita relative to the average GDP per capita of the world. The lowest-income countries will have the largest deficits, while the highest-income countries will have the largest surpluses, middle-income countries will have balanced trade. As an example, the U.S. GDP in 2025 was around 30 trillion, while the GDP of all of Africa was around 3 trillion. If the United States ran a 1% trade surplus, it could cover a 10% African trade deficit. This way, there will be the least impact on prices. Developed countries can control how much of their currency they want on the international market by doing slightly more charity than required to balance deficits (this will increase currency on the international market), or running surpluses that are slightly higher than undeveloped countries' deficits (this will decrease currency on the international market).

Table A: Trade Balance by Country