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Historic Presidency: Trumpís China Tariffs Protected the US from Major Coronavirus Impact on US Economy (Video)
Gateway Pundit ^ | 2/25/2020 | Joe Holt

Posted on 02/25/2020 8:41:06 PM PST by UMCRevMom@aol.com

President Trump knew that it was unreasonable and unsafe for the US economy to be so dependent on China. He was ridiculed for his tariffs which now appear to have prevented a major economic catastrophe due to US companies moving their operations out of China over the past couple years.

Last night, Melissa Francis from FOX Business Network, was on Tucker Carlson Tonight and she shared this observation:

Because he [President Trump] started this trade war that was costing companies money, they went out and set up different ways that, well maybe we can get this from here, here’s our second, maybe we’ll do this if it [the trade war] doesn’t get solved, and companies have either moved or found a different way…

…But it’s ironic that President Trump sort of warned us about this relationship and as usual faced so much ridicule over it and now we see yet another reason why we shouldn’t be totally dependent on this one country for so many things.

Forbes reported in August 2019 that President Trump’s actions would likely move American companies out of China:

Assuming Trump makes good on his promise to tariff all China goods at 10% starting Sept 1, with the very real possibility of those tariffs hitting 25% soon after, then it looks like more companies will move their supply chain.

For a long time, China has been the world’s low cost, low regulation, manufacturer of choice. Even though multinationals would like to keep it that way, some 40% of U.S. companies are relocating at least some of their supply out of China, according to a May 2019 AmCham Shanghai survey.

“This shows the disruptive effect the trade war is having on supply chains. If new U.S. tariffs do take effect September 1, the increased tensions will likely accelerate the relocation trends we are seeing now,” says Kenneth Jarrett, a senior advisor at Albright Stonebridge Group, a Washington DC based strategic advisory firm.

CNBC reported in July 2019 that more than 50 companies had pulled out of China due to President Trump’s actions:

The pace of companies moving production out of China is accelerating as more than 50 multinationals from Apple to Nintendo to Dell are rushing to escape the punitive tariffs placed by the U.S., according to the Nikkei Asian review.

The trade war between the U.S. and China has dragged on for more than a year with 25% tariffs placed on $200 billion of Chinese goods. President Donald Trump is still threatening to slap duties on another $325 billion of goods. In wake of the intensifying battle, more and more companies announced plans or are considering shifting manufacturing from China.

President Trump again did the right thing in the face of media and Democrat ridicule that ends up saving the US and the US economy.


TOPICS:
KEYWORDS: china; tariffs; trade
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1 posted on 02/25/2020 8:41:06 PM PST by UMCRevMom@aol.com
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To: UMCRevMom@aol.com

Melissa Francis on Tucker Carlson Tonight Praises Trump on China Policy

https://www.youtube.com/watch?time_continue=3&v=v3RDIm1fwuY&feature=emb_logo


2 posted on 02/25/2020 8:42:19 PM PST by UMCRevMom@aol.com
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To: UMCRevMom@aol.com

I just heard tonight that China is involved with our
anti-biotic production. How stupid is that? (not that Trump did this).


3 posted on 02/25/2020 8:47:23 PM PST by Aria
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To: Aria

“I just heard tonight that China is involved with our
anti-biotic production.”

More like they OWN our anti-biotic supply...they produce it all.


4 posted on 02/25/2020 8:51:48 PM PST by BobL (If some people here don't want to prep for Coronavirus, they can explain it to their families)
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To: UMCRevMom@aol.com

I agree that Trump has helped...but he needed more time. We didn’t get reliant on China overnight, nor will we wean ourselves overnight...although this body-blow that’s about to hit will definitely speed up the weaning process.


5 posted on 02/25/2020 8:53:20 PM PST by BobL (If some people here don't want to prep for Coronavirus, they can explain it to their families)
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To: UMCRevMom@aol.com

This should be trumpeted everywhere (pardon the pun).


6 posted on 02/25/2020 8:54:10 PM PST by Stepan12 (potusm)
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To: BobL

“...More like they OWN our anti-biotic supply...they produce it all...”

I think this experience will change this situation. Greed from the BIG-PHARMA business chain has caused this to rise. Allowing it to continue makes us too vulnerable.


7 posted on 02/25/2020 8:59:18 PM PST by EagleUSA
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To: BobL

“I agree that Trump has helped...but he needed more time. We didn’t get reliant on China overnight, nor will we wean ourselves overnight...although this body-blow that’s about to hit will definitely speed up the weaning process.”

Concur. Trump did not weaken us relative to this virus, he strengthened us.


8 posted on 02/25/2020 9:07:44 PM PST by calenel (The Democratic Party is a Criminal Enterprise. It is the Progressive Mafia.)
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To: calenel; BobL

“I agree that Trump has helped...but he needed more time. We didn’t get reliant on China overnight, nor will we wean ourselves overnight...although this body-blow that’s about to hit will definitely speed up the weaning process.”
~~~~~
Concur. Trump did not weaken us relative to this virus, he strengthened us.

==

Amen!!


9 posted on 02/25/2020 9:09:39 PM PST by Jane Long (Praise God, from whom ALL blessings flow.cuase)
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To: UMCRevMom@aol.com; Aria; BobL; EagleUSA

80% of all medicines that we use are sourced from China. Either by direct production or through presursor chemicals.

This ranges from penicillin to aspirin to blood pressure meds. Everything, really.

Rosemary Gibson is an expert who has been warning about our dangerous dependency for several years. She wrote a book on it, China RX. No one paid attention. Now maybe they will, instead of parroting the libertarian bull#### about letting the invisible hand decide absolutely everything.

https://pandemic.warroom.org/ep-15-practical-preparedness/

https://www.c-span.org/video/?466812-5/washington-journal-rosemary-gibson-discusses-shortage-lifesaving-drugs-us-hospitals

https://www.c-span.org/video/?445077-2/china-rx


10 posted on 02/25/2020 9:15:05 PM PST by Pelham (RIP California, killed by massive immigration)
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To: BobL

Not quite true. They do not produce it all. They do however produce 80% of it. This needs to change and it will. This virus scare originating in China whatever the cause (wet market or bio lab) is waking up this country and its manufacturers.


11 posted on 02/25/2020 9:18:19 PM PST by ocrp1982 (ll)
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To: Aria

We don’t make ANY antibiotics...

Under Obama lots of our military equipment (and stuff that went into making our equipment) was produced in China.

Thank God Trump started the process of bringing industry back to the United States a few months after becoming President.


12 posted on 02/25/2020 9:20:24 PM PST by GOPJ ( http://www.tinyurl.com/cvirusmap https://www.cdc.gov/flu/weekly/usmap.htm)
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To: Pelham

“..80% of all medicines that we use are sourced from China...”

Only one reason to be going to China for such a critical product line...CHEAP!!!


13 posted on 02/25/2020 9:21:34 PM PST by EagleUSA
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To: UMCRevMom@aol.com

Wouldn’t bother me a bit if he US stopped all trade with China. Why keep funding the bad guys?

There are plenty of other countries that can cheaply manufacturer whatever it is that China is making. And I don’t want my pharmaceuticals coming from China. Although generally not a fan of anti-free market, I’d much rather that anything I swallow be made in the USA.


14 posted on 02/25/2020 9:24:53 PM PST by be-baw
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To: Aria

I saw a headline recently that there are around 150 common meds that Americans take that will shortly be scarce because they come from China. I have no idea which ones because I didn’t read it since I don’t take any meds and it didn’t effect me.


15 posted on 02/25/2020 9:38:49 PM PST by FrdmLvr (They never thought she would lose.)
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To: UMCRevMom@aol.com
China is involved with our
anti-biotic production.

An acute shortage in antibiotics could force the medical community to treat patients with holistic methods.

16 posted on 02/25/2020 9:52:19 PM PST by stars & stripes forever (Blessed is the nation whose God is the Lord ~ Psalm 32:12.)
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To: UMCRevMom@aol.com

Fewer than half COVID-19 carriers detected by screening, study finds
https://news.sky.com/story/fewer-than-half-covid-19-carriers-detected-by-screening-study-finds-11943087


17 posted on 02/25/2020 10:19:40 PM PST by familyop ("Welcome to Costco. I love you." - -Costco greeter in the movie, "Idiocracy")
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To: UMCRevMom@aol.com

MUST-READ BUMP


18 posted on 02/25/2020 10:24:27 PM PST by Pajamajan ( Pray for our nation. Thank the Lord for everything you have. Don't wait do it today.)
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To: be-baw
 
 
I stayed up late to watch the India visit live, since I figured if I didn't see it firsthand I may miss something important. After some ceremonial stuff and a private meet, Trump and Modi came out and had a joint press conference, where they basically gave a progress report on what's going on. Trade is big on the table, but what really made my ears go to points was the announcement of an agreement/MOU concerning pharmaceutical product safety. Looking at the big picture, it looks like there is a continental shift towards India in the works for the future of manufacturing in Asia - POTUS is getting set to cut the Chicoms loose. Have not heard anyone in the media point any of this out, go into any detail about it - maybe due to their Chicom paymasters or else they're just stupid. It's best to have manufacturing all come back home, of course, but there are some things that aren't easily made or grown over here, like certain vitamin supplements if not medications. They might could be, but not in the quantity needed at a price point that would be workable.
 
 

19 posted on 02/25/2020 10:25:11 PM PST by lapsus calami (What's that stink? Code Pink ! ! And their buddy Murtha, too!)
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To: Pelham

This was incredibly stupid - making us beholden to our enemies. Just brilliant...or maybe Obama knew what he was doing.


20 posted on 02/25/2020 10:40:24 PM PST by Aria
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