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Beijing started this trade conflict — Trump intends to finish it
The Hill ^ | June 09, 2019 - 01:00 PM EDT | BY DAN DIMICCO

Posted on 06/09/2019 8:15:11 PM PDT by cba123

There's an important point to remember in the current U.S.-China trade conflict: Beijing started it. For the past 20 years, China has been at war with the U.S. economy, using massive subsidies, currency manipulation and intellectual property theft to continually erode America's manufacturing base.

It's a strategy that has worked phenomenally well. Over the past two decades, the United States has lost 5 million manufacturing jobs and nearly 90,000 factories.

After years of this economic aggression, the Trump administration is now saying, "Enough is enough." But when the president recently imposed 25-percent tariffs on roughly half of Chinese imports, Wall Street cried foul.

However, it was an absolutely unquestioning adherence to free trade that opened the door for China in the first place. And globalists have never complained when Beijing continually ignores its World Trade Organization (WTO) commitments to open, reciprocal trade.

(Please see link for full article)

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TOPICS: Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: america; china; chinatariffs; dandimicco; dnctalkingpoint; dnctalkingpoints; mediawingofthednc; partisanmediashills; presstitutes; smearmachine; thehill; thehillary; theshill; trade
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To: silverleaf

Bump


21 posted on 06/10/2019 5:06:16 AM PDT by Loud Mime (Liberalism: intolerance masquerading as tolerance)
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To: bigbob

Trump is doing to China what Reagan did to Russia.


22 posted on 06/10/2019 8:10:33 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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