Bye Bye Trade War? China Plans $1 Trillion Buying Spree to Reduce US Trade Deficit

ccn.com ^ | 1-18-19 | Sam Bourgi

[dynoman]

China Proposes Six-Year Buying Spree

Citing sources familiar with the matter, Bloomberg reported Friday that China has offered to significantly boost its purchase of U.S. goods over a six-year period in an effort to re-balance trade between the two superpowers. By increasing its annual imports from the United States, Beijing would reduce its trade surplus to zero by 2024. That would require a spending boost of more than $1 trillion.

[central_va]

The keep their tariffs so - LOSING.

[central_va]

What about the gooks and their Mercantile tariffs?

[central_va]

Trump and his trade advisors?

His 'advisers' are Free Traitors™.

[central_va]

Don’t EVER trust the gooks. Ever.

[central_va]

I think our standard of living is just too high to compete with these developing countries to ever achieve something like that.

Bull < deleted > ing crap.

[central_va]

At a minimum we need to secure enough domestic production in critical areas for national security purposes. We have to get that addressed.

YOU ADDRESS THAT WITH RETALIATORY TARIFFS.

[CincyRichieRich]

Buy furniture to fill those ghost cities.

No more real estate!!! No more ports!!! No more canals!!!

[trublu]

A Holy Grail reference shall never go unappreciated!

[piytar]

What, President Trump winning again?! I am shocked! /sarc

NTOWY!

[central_va]

As long as they have high import tariffs and practice mercantilism there is a trade war. Why is it the the USA is the only country with an anathema to using tariffs?

Why does the rest of the world almost universally practice protectionism? And name a country with lower average tariff rates than the USA.

The 30 year globalist experiment in "Free Trade" is an abject failure. Why? because the rest of the of world didn't play along and used the USA like a cheap whore.

[TheZMan]

Ah hah. HAHAHAHAHA

[plain talk]

“Maybe Xi and Trump really do have a good relationship. And, maybe Xi has decided it’s better to work with Trump”

Perhaps but the Chinese deal in long time frames — much longer than Trump will be on the scene. I am cautiously hopeful Trump can cut a deal with these people. Even in the short term the Chinese want to keep their economy going. They can always go back to BAU later.

[MeganC]

“What are they going to get in return?”

India, Taiwan, Vietnam, Thailand, Vancouver, Long Beach, etc.

[LeeClementineKenny]

We should be slowly cutting ties with China. They are our enemy, and they've done way too much damage already. There's no way they will meet our demands. I'm not confident our next president won't resort back to the status quo, regardless of which party gets elected. You can't trust most of them. This is one of the huge issues that were ignored by politicians for decades, just like immigration, before Trump ran for office. I want to see the 25% tariffs on 250 billion of Chinese imports go into effect, and if China retaliate there should be even more.

[cba123]

Are “goods” grown?

Trump, build up US manufacturing.

[Gay State Conservative]

OK...buy our aircraft...our cars and trucks...various other manufactured goods...but our steel and aluminum...and maybe some of our agricultural products.

[dynoman]

https://www.americanthinker.com/blog/2018/12/china_cuts_tariffs_on_700_more_items.html

[dynoman]

https://www.americanthinker.com/blog/2018/12/china_cuts_tariffs_on_700_more_items.html

And ours at some point.

[ConservaTeen]

Great, I heard China will import from us Democrats. 😀

[taterjay]

I have thought this for awhile. China can stall and even influence behind the scenes to their advantage because we have elections in essence every 2 years.