If the fed lowers rates and raises tariffs, China will pay for the tariffs with a weaker Yuan. Companies will spend more money at home or in other countries. And the US debt will shrink.
Right now, China is hurting the world, not just America. China has pulled in production from many smaller countries who could be growing now. But they aren’t because they have a hard time competing with China. America needs to tariff China out of the prime spot because China uses the money to build their Army, steal our products, and hack our companies, elections, and government. Simply put, China is a very bad actor and we are paying for it. Its time to stop.
And Mr. Trump, think about this. Go to the G7 and say, Global warming starts with China. China is the pollution disaster of the century.
Seems to me we are in a war with China. Just no shooting. Yet. Best if we beat them before it becomes a shooting war.