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Almost all liberals support globalization and oppose economic nationalism.The trigger for America's turn to economic nationalism is its widening trade deficit $566 billion in 2017, and growing as the U.S. economy recovers.If MIC25 is successful, the U.S. will have a depleted economic and political future.Under CFT, a trade surplus country can reduce its exports to the set limit. But it could also exceed its export quota if its government paid the partner government a fine equal to the value of the excess exports, either collecting the necessary sum from its export producers or using its currency reserves. If the surplus country tried to exceed its export limit without paying the fine, its surplus exports would be blocked.Because CFT imposes limits just on the trader's surplus, any attempt by the surplus country to decrease the value of its imports from the U.S. would automatically decrease the value of its allowed exports.Fifth, in terms of economic benefits to the U.S., implementing CFT would stimulate the return of offshored enterprises and jobs, thus restoring the country's industrial potential and social balance.
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