Posted on 06/18/2018 10:17:23 PM PDT by bitt
When you plant your tree in another man’s orchard, you might end up paying for your own apples; it’s a risk you take…
….and President Trump knows how to use that leverage better than anyone could possibly fathom; because in this metaphor Beijing relies upon the U.S. for both the seeds and the harvest. President Trump drops the $200b M.O.A.T (Mother of All Tariffs):
(Excerpt) Read more at theconservativetreehouse.com ...
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For a generation and a half, people in both political parties, have been selling out American industry.
Now Trump is standing up.
He is to be applauded, and strongly supported for this.
America really, really needs to make things once again.
Where’s China on that list?
(just curious)
It wasn't listed so I have no idea
A ten percent tariff on $200 billion of Chinese imports, produces $20 billion revenue - enough to build our border wall.
What will we do with the money in the second year?
We know what China has been doing with it - building their military to bully our allies, push us out of the region, and eventually defeat us.
You mean preemptive unilateral surrender is no longer the negotiating tactic of choice?
bookmark
Seems like something of a huge omission.
Just saying...
More relevant than national GDP amounts would be the amounts of exports to and imports from the US and the resulting size of TRADE SURPLUS with the US.
The bigger a country’s trade surplus with the US, the greater its vulnerability to a tit-for-tat trade “war” with the US. CHINA is particularly vulnerable to MASSIVE ECONOMIC DAMAGE from any tit-for-tat TARIFF increases with the US. Trump KNOWS that and China is in the process of learning that Trump knows it and, more importantly, China is also learning that TRUMP IS NOT AFRAID OF PULLING THE TRIGGER.
Sucks to be China with Trump in office,
Imagine if we had a united front, instead of the democrats, nevertrumpers and chamber of commerce pukes rooting for us to fail. Its astonishing that Trump is fighting as well as he is, with one arm amd leg tied behind his back...
We'll own them too!
Going to be a lot of disenchanted, out of worker, Chinese factory workers, pretty soon. They need us more than we need them. It will take a while for us to clean off the shelves at Harbor Freight and Dollar Store, right about the time for a general revolution in China.
Since 2007 or 2008, that’s curious...
China has been mercantilist for centuries. China refusing to buy foreign goods and draining all the silver out of Europe was the cause of the Opium Wars of the 1840s and 1850s.
Unbalanced trade with China is not a new problem.
there are two measures of economic output. One is based on a phony measure called Producer Price Parity or PPP. It is an artificial inflator of GDP for poorer nations. It creates the false impression that poorer nations do better than they appear.
The other is a straight up measure of GDP based on currency exchanges, etc.
Look at China another way. If roughly 80% of America’s workforce was still on the farm, how would we look economically. Not hard to figure out. Well, that’s China.
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