Peter Navarro a University of California, Irvine business professor
'Brutal, amoral, ruthless, cheating': how Trump's new trade tsar sees China
Posted on 12/22/2016 8:12:46 PM PST by Rockitz
As the FT first reported yesetrday, in a dramatic development for Sino-US relations, Trump picked Peter Navarro, a Harvard-trained economist and one-time daytrader, to head the National Trade Council, an organization within the White House to oversee industrial policy and promote manufacturing. Navarro, a hardcore China hawk, is the author of books such as "Death by China" and "Crouching Tiger: What China’s Militarism Means for the World" has for years warned that the US is engaged in an economic war with China and should adopt a more aggressive stance, a message that the president-elect sold to voters across the US during his campaign.
In the aftermath of Navarro's appointment, many were curious to see what China's reaction would be, and according to the FT, Beijin's response has been nothing short of "shocked." To wit:
The appointment of Peter Navarro, a campaign adviser, to a formal White House post shocked Chinese officials and scholars who had hoped that Mr Trump would tone down his anti-Beijing rhetoric after assuming office.
“Chinese officials had hoped that, as a businessman, Trump would be open to negotiating deals,” said Zhu Ning, a finance professor at Tsinghua University in Beijing. “But they have been surprised by his decision to appoint such a hawk to a key post.”
Shortly after the announcement of Navarro's appointment, the US Office of the Trade Representative yesterday put added more fuel to trade tensions with Chine when it put Alibaba, China’s biggest e-commerce platform, back on its “notorious markets” blacklist of companies accused of being involved in peddling fake goods.
(Excerpt) Read more at zerohedge.com ...
The historic policy of the Republican Party was high tariffs to protect our industries and workers.
I believe in fair trade. Not in foreign countries engaging in cheap dumping of their goods on our shores while they price our goods out of their markets.
That’s been very costly for America.
“And no, Chyna, you can’t have California.”
==
Yeah. We can’t let CA go to the commies! Ummm...oh, nevermind.
'Brutal, amoral, ruthless, cheating': how Trump's new trade tsar sees China
“Tariffs and taxes caused the Great Depression.”
No, not so.
The Great Depression was caused by an enormous debt deflation which halved the worldwide capital stock.
Back then, America actually made things right here.
For far, far, far too long we have allowed more, and more, and more stuff to pour across our borders from everywhere else.
FINALLY we seem to be waking the heck up.
Finally.
Weening ourselves off of cheap Chinese imports will be very painful. Has to happen but better on our terms.
tired of winning yet?
Those were the ones that only knew the buzzwords and nothing beyond those words. They wanted to appear knowledgeable, but that commodity was unavailable to them.
The tariff on any and all goods imported into the US should be the highest tariff that nation levies on US products.
Don't want high tariffs on your goods coming here? No problem, just get rid of your tariffs on our goods.
"Ceterum censeo Islam esse delendam."
Garde la Foi, mes amis! Nous nous sommes les sauveurs de la République! Maintenant et Toujours!
(Keep the Faith, my friends! We are the saviors of the Republic! Now and Forever!)
LonePalm, le Républicain du verre cassé (The Broken Glass Republican)
“Last year, a number of FReepers destroyed me when I brought this up, saying it’s “capitalism” and “free market”.”
I think more people are aware now that the difference is not between free trade and destructive tariffs, but between the US getting royally raped under bad agreements, which is what we have now, or the US getting reasonable agreements.
You can’t have a global free market and nation-states at the same time. Somebody is going to abuse it and exploit it.
So I’m all in for internal free markets, it’s global free markets that I’m suspicious about. Face it, since NAFTA we’ve been selling our business assets and acumen and trading them for lawyers and bureaucrats. We’ve been letting China, chief among others steal intellectual property, proprietary industrial secrets, and military technology.
What’s there to think about? Doesn’t matter he’s appointed a hardcore. That doesn’t preclude negotiations, it just means negotiations are going to be tougher by a quantum leap for the Chinese.
.
No reason that opening up trade had to mean shipping the nation’s jobs overseas. That and illegal immigration were sellouts for big business contributions.
I agree.
As the crowd cheers say goodbye to additional jobs in the US. Tarrif wars haven’t worked each time they’ve been used. Work with steel? Nope sure didn’t. Work with any of the 18000 tarrifs presently in place today? Nope. Tarrif wars didn’t work during pre WWII or anytime they’ve been adopted. One thing tarrifs do guarantee. Higher product costs and loss of jobs. Truck drivers sorry you lost your jobs. Long shoremen ooops sorry about your jobs too. Shipping, packaging, freight brokers hey it’s for the common good. Government gets to pick who wins in the free market and the crowd cheers.
What’s killing business is Government yet we cheer when Government gets in the way. Regulations are the #1 job killer in this country and guess what? Tarrifs won’t solve it. Each time a liberal has created a tarrif its crippled the economy. But hey it’s the cool thing to do. Be wary of nationalist populist policies
I can remember when WalMart proudly touted Made in America
That was when old Sam was alive
...
I think Trump has some traits in common with Sam Walton.
We’re in a depression right now.
So much for your argument.
“Chinese officials had hoped that, as a businessman, Trump would be open to negotiating deals,” said Zhu Ning, a finance professor at Tsinghua University in Beijing.
...
Trump is very open to negotiating deals, and now he’s putting people in place to negotiate good ones for America (for a change).
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