Posted on 05/02/2020 5:33:49 PM PDT by BeauBo
President Trump on Thursday renewed threats to slap new tariffs on Chinese goods as retaliation for Chinas handling of the coronavirus outbreak...
Trumps tariff threat triggered a selloff on Wall Street. By market close on Friday, the Dow Jones Industrial Average had fallen 622 points.
In an interview on Friday, top White House economic adviser Larry Kudlow said the U.S. would hold China accountable for the virus.
On the China business, its up in the air. They are going to be held accountable for it. Theres no question about that. How, when, where and why Im going to leave that up to the president, Kudlow said on CNBC's Squawk on the Street.
(Excerpt) Read more at ibtimes.com ...
Do it!!!!
While tariffs put on Chinese made products imported to the USA is great idea an even better ides is to put tariffs on entire product classes import from all countries. That will force the repatriation of industry quickly instead of just moving production to the next 3rd world slave market.
Now I know it is the best idea ever. You are a globalist and a traitor so any idea you hate I like..
Paying a few pennies on the dollar more for one time inflation is not really pain.
Traitors like you need to stop pretending you are an American. Just leave the USA you a$$hole.
Tariffs are patriot candy!!!!
No you aren't. You contribute nothing to America. No American manufacturer makes revenue or pays a worker from the hot air you spew from Ho Chi Minh City.
Yet, of the two of us, one is supporting American producers.
One is sold out.
Hmmm.
Who is which?
What has happened is war. I look at history and see America used to handle things differently. America needs to stand up to China. They need to be punished and they need to feel the anger and know if they do anything else,they will regret it.
Hmm. Unless you’re paying the wages of your American employees from your hovel in Vietman, it looks like me.
Bringing our supply chains home from China is sure to anger them. But it’s a national security imperative. Bring on the trade war.
War? Tariffs are to patriots what candy is to a child. We Patriots love them.
How pathetic the Fake News is...someone asked him if he would withhold payments on our debt to China and he said that would be a messy way of going about it...he had other tools he could use.
Losing thousands of jobs when China retaliates and exports to China drop dramatically is pain for those impacted.
Let's see about this potential "massive" loss in Chinese exports.
The US economy is $22T and exports to red China are $150B annually. Doing the math that is .7% of the US GDP. No big loss. If it goes down 10% that is $15B/yr. OTH the economic upside will be in the trillions. Math is your friend.
So is imagination.
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