I think that is completely right.
$150,000,000,000 now they’re taxing everything we export to them.
That is a tiny portion of what they send to us.
We import $375,000,000,000 from them.
Trump. Now is the time.
“We import $375,000,000,000 from them.”
We import over $500 billion per year from China.
And export about $125 billion back, for a $375 bil deficit.
Our imports account for approx 5% of their GDP. And nearly 90% of their trade surplus.
A 30 day import freeze is in order. That would either drive them to submission and shame, or full economic implosion as their debt bubble collapses.