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How can U.S. exports outpace imports from China?

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Brainstorm Info
Creator:anonymous
Created:almost 15 years ago
Activity:about 1 year ago
Users:3
Ideas:16
Brainstorming Tips: Focus on generating a high quantity of ideas. Don't judge ideas. Invite other people to add ideas.
New Idea: 500 Characters Left
 
16.
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15.
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14.
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13.
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12.
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11.
don't focus on low tech mass production items, in global economy one has to play on one;s strengths. Hence it should try to focus on R&D and try to become again the destination of choice for scientists/researchers. It could do this by easing visa rules and funding universities and also nurture American talent. Any sort of artificial barriers in export/import will not work as consumers themselves will suffer, WTO will not allow it and US will be hit with retaliatory sanctions which will be worse for it.
10.
Keep inovating and ensure America maintains its technology edge. Also try and slow down the economy from turning into, essentailly a 'sevice' industry. One way is to hold talks regarding currency & goods, for eg. US and China recently signed a trade agreement where chinese firms will not be allowed to export textiles to the US for the next 3 years.
9.
Establish collectives for labor intensive products, provide a 15 year tax break to all who graduate with degree in science, math, engineering etc...as long as they work in an area which applies their training
8.
Increase the speed of patenting, and lower the price of prototyping
7.
increase the size of families across america, and have everyone go into industry jobs
6.
Onlyallow US imports from companies that have 30% or more US ownership.
5.
Use Central America's labor pool with US investment
4.
Set up special economic zones, giving tax breaks to companies i) making significant investments in R&D that ultimately lead to exports, ii) use China's raw material only if they export the final goods back to China, iii) Allow importers in China to repatriate dollars to their country at a higher rate in return for increase in imports
3.
Decrease the value of the dollar compare to the Chinese currency so that it makes exports more attractive and imports more expensive for traders
2.
Get international patents on breakthrough biotech-based drugs and pharmaceuticals and sell to the chinese