But the pain here will be less than EVERYWHERE ELSE.
In the long, even medium term (1-2 years) things will be much, much better in the US than any time in the last 30 years.
I agree. This is a much needed and healthy endeavor for the US. Renegotiate.
Sounds like this hedge fund guy is shorting the market.
I predict less than a month...PDJT will give opportunities for China’s dictator to save face...MSM and China will underestimate PDJT.
When MSM stops featuring it, you know PDJT has won.
China is going to pay through the nose. They have no idea just how tough Americans will be.
The war has been going on for decades. We just never fought back.
Well, long overdue. China needs us more than we need them.
These ‘Hedge Fund’ a-holes need to be strung up, or given a necklace.
Instead, President Trump is working to stop the de industrialization of America incentives a renaissance in American manufacturing
Our so called “Trade Partners” are actually countries with export driven economies highly dependent upon maintaining huge trade surpluses with the US.
Any attempts by these countries to “retaliate” with conventional wisdom trade sanctions actually work to accomplish Trump's goals.
There will be some pain as we move back to a higher wage, high skill manufacturing base from it's current Obama Era low wage, unskilled gig jobs economy floated by cheap imported junk from China and cheap labor from exploited, underground economy illegal alien labor.
I have always suspected that Ray owes more of the success of his fund to his dealings with the Chinese stock market, etc., than he has let on. IIRC he helped them to set it up and he’s so secretive about his fund that it wouldn’t surprise me if there were more to it than that to this day. He also hired Comey for millions to be his head of security.
Donald Trump has been engaged in economic warfare with America’s enemies since his first day in office.
It’s the secret of his many successes.
Dramatizing!
Some things get more expensive. Some cheaper. Bottom line: jobs return. No crisis, no catastrophe.
“There will be pain. But the pain here will be less than EVERYWHERE ELSE. In the long, even medium term (1-2 years) things will be much, much better in the US than any time in the last 30 years.”
Agreed. It may not be pleasant while it lasts but this is the only way to stop Chiner from gutting us. The usual Repuke establishment squish (assuming he had the backbone to even start this process) would have already buckled. It will take a willingness to see this through to make it successful. I think Trump will see it through to a successful endpoint.
In the words of the great Satchel Paige, "When you're runnin' don't look behind you -- somethin' may be gainin' on you." And while we've been looking blissfully ahead under several status quo Administrations, China has been definitely been gaining on us. It's time to take firm action now rather than wait until it catches us and attempts to destroy us.
The first day of the war was decades ago, when China manipulated it’s currency so our goods cost 40% more than they should have entering China’s markets.
Another writer that needs a day job.
Trump campaigned against the abuses of hedge funds. No surprise they’re bitching...
We already won this “war” but many will try to turn it into another Korea.....
Why wait? We gave them time to spend up on defense, and gave them signal time to control their masses.
So if their GDP drops below whatever truly is the Chinese civil war number - it was supposedly 7%, but obviously they've settled for less now - that's on them.
Popcorn, please.
Better sooner than later.
And the economics of new technology plus concerns for environmental pollution increasingly pull toward localized production. Which of course is safer from a national security standpoint as well.
I wish our team would make the case more clearly.