In the first few weeks of his presidency, Donald Trump promised to end the country’s trade deficit with China.
He said he would renegotiate the North American Free Trade Agreement (NAFTA), which is now under threat.
But he also announced the creation of a “new, special” group of US businesses, which he said would help bring manufacturing jobs back to the US.
It’s a bold move, which will help the US keep manufacturing in America, even if it takes more time than he had promised.
And the American mateys hellerton pa, a Pennsylvania-based company, is one of them.
It has a huge US presence in the area.
And yet the company is struggling with anemic sales, and with a big debt.
The company’s chief executive, Mike Adams, says his company is in trouble, even though its sales have soared in recent months.
Adams says the company will be able to raise money from investors this year, but he needs more time to raise enough cash to fund a new plant.
The American mateies hellertOWN pa has raised $6.5 million from a consortium of investors, including private equity firms, hedge funds and tech start-ups.
But Adams says it has little hope of getting that kind of money this year.
“We’ve been in this for three years, and we’ve got nothing,” Adams said.
“If I say to you, I have a problem with you, what’s the problem with me?
Why don’t you buy something from us?”
And the company needs to do more to raise capital.
“I can’t get the capital to build it,” Adams says.
“And I’m in a position where I can’t do that with a loan.
We can’t be running on our own.”
And the trouble is, that’s not going to be enough.
“That’s a hard part for me,” Adams continues.
“It’s going to take a lot more than that.”
That’s because, even as the US economy has recovered, the US’s debt has grown at a faster rate than the economy itself.
The US is now in a debt crisis.
In 2017, the country had a net debt of $16.9 trillion, according to the Federal Reserve, up $1 trillion from 2016.
That debt is about 10 times more than the total debt of Germany and Japan.
This is because of the US federal government’s massive bailouts and tax breaks.
The government also spends a lot on the military, which is a huge part of the problem.
It also gives huge tax breaks to the wealthy, who then buy expensive homes and cars.
That’s also driving up the price of homes, which has created a real estate bubble.
“A house with a mortgage is going to cost you $200,000 to $300,000 more than it did a year ago,” Adams explains.
“Even though the economy is booming, the housing market is still very expensive.
It needs to go up.”
So what’s to be done?
In the coming years, the United States is going have to decide how to pay back its debt.
If it is to grow again, it will need to lower the prices of its goods and services.
And that will require cutting the deficit.
And with that, the American economy will be forced to grow back to normal, and the debt will start to fall.
But that won’t happen overnight.
If the US can’t find the money to pay down its debt, it’s going do whatever it can to find more money to borrow money from other countries.
This has happened in the past.
During the Cold War, the Soviet Union created a program called “stimulus,” which would have helped the US and other countries around the world.
In the late 1990s, the Bush administration, under the leadership of former President Bill Clinton, used this program to raise more money for the US military and help its economy.
But the program was eventually cut by President George W. Bush in the wake of the 9/11 terrorist attacks.
In 2018, the Trump administration is set to make another round of big promises to the international community, this time about a new trade agreement between the US, Canada, Mexico and Britain.
But some worry that Trump’s promises won’t be kept.
“The world is watching, but they don’t care,” says Paul Mirey, director of the American Studies Program at American University.
“What’s going on is not just in Washington.
It is the world.”
Mireeys warning to the Trump team: Trump’s foreign policy has been erratic.
But Trump’s supporters are also worried.
Trump won the presidency on the promise to bring back manufacturing jobs.
But so far, the promise hasn’t materialized.
Instead, manufacturing has largely left the US to go to other countries for jobs.