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Bye Bye Trade War? China Plans $1 Trillion Buying Spree to Reduce US Trade Deficit
ccn.com ^ | 1-18-19 | Sam Bourgi

Posted on 01/18/2019 1:56:00 PM PST by dynoman

click here to read article


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To: dynoman

Make the targets quarterly, and let’s see what we get. Easy enough to track on that basis.

The irony is it’s how we evaluate every CEO - quarterlies.


41 posted on 01/18/2019 2:44:48 PM PST by RinaseaofDs
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To: PGR88

Exactly! One of the biggest dangers of the demonRats witchhunt is that it allows hostile nations to wait out Trump until they bring him down. I am sure the dems are working with China. Anyone at a interested in Feinstein’s Chinese spy....or is that just ancient history now?


42 posted on 01/18/2019 2:54:03 PM PST by Phillyred
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To: riverdawg
"Should we have a $0 trade deficit with all countries, including those with which we have a current trade surplus?"

I think our standard of living is just too high to compete with these developing countries to ever achieve something like that.

We can however secure better trade deals. That's what Trump supposedly did with NAFTA and seems to be planning to accomplish with China. We will have to see how that goes.

Look, people can argue all sides of this issue but there is one aspect I would think there should be broad agreement. At a minimum we need to secure enough domestic production in critical areas for national security purposes. We have to get that addressed.

43 posted on 01/18/2019 2:55:25 PM PST by plain talk
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To: teeman8r

Where did you read that?


44 posted on 01/18/2019 2:56:01 PM PST by dynoman (Objectivity is the essence of intelligence. - Marilyn vos Savant)
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To: teeman8r

“unfortunately the chinese plan to buy democratic politicians“

I’m in favor of that as long as they are removed from the premises in the next 30 days.


45 posted on 01/18/2019 2:56:39 PM PST by The Antiyuppie ("When small men cast long shadows, then it is very late in the day.”)
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To: Sarah Barracuda

How can the dwindling class of LBJ and Truman type liberals continue to go along with this insanity.


46 posted on 01/18/2019 2:57:50 PM PST by cowboyusa (America Cowboy Up)
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To: BipolarBob

Those don’t reduce the trade deficit. It is based on goods shipped overseas.


47 posted on 01/18/2019 3:01:50 PM PST by RainMan (rainman)
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To: dfwgator

What are they going to get in return?
...................................................

California, New York & Illinois.

I’d have to move though. I hear that Texas is welcoming conservative minded folks.


48 posted on 01/18/2019 3:02:02 PM PST by Graybeard58 (The Lord hath made all things for himself: yea, even the wicked for the day of evil.)
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To: PGR88

The Chinese lie, cheat and steal as easily as we say ”Hi there.”

Trust them less than zero. Always.


49 posted on 01/18/2019 3:03:49 PM PST by polymuser (It is terrible to contemplate how few politicians are hanged today. - Chesterton)
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To: cowboyusa

“But muh buzz feed.”

Friggin Never Trumper heads exploding.
Bloody love it!


50 posted on 01/18/2019 3:06:16 PM PST by romanesq (For George Soros so loved the world, he gave us Obama)
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To: RainMan

So sowwy. The Chinese have their own abacus and way of calculating these things.


51 posted on 01/18/2019 3:06:48 PM PST by BipolarBob (Occasional-Cortex " Just because I don't know what Armageddon means, it's not the end of the world".)
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To: Leaning Right
> China has offered to significantly boost its purchase of U.S. goods over a six-year period in an effort to re-balance trade <

That anticipates a second term for President Trump.

I see this as a smart move by the Chinese. They hold at least that much U.S. dollar denominated debt.

They get to turn essentially worthless debt (which the U.S. can write off anytime with a simple digital transfer) into concrete things like U.S. companies, high-end technological manufacturing equipment, agricultural products and oil.

52 posted on 01/18/2019 3:12:59 PM PST by marktwain (President Trump and his supporters are the Resistance. His opponents are the Reactionaries.)
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To: dfwgator

They’ve already raped the US middle class and US worker what more should they get?


53 posted on 01/18/2019 3:13:25 PM PST by central_va (I won't be reconstructed and I do not give a damn)
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To: dynoman
The tariffs dropped.

Theirs or ours?

54 posted on 01/18/2019 3:13:58 PM PST by central_va (I won't be reconstructed and I do not give a damn)
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To: teeman8r
unfortunately the chinese plan to buy democratic politicians...

It think they are already highly invested...

55 posted on 01/18/2019 3:14:38 PM PST by marktwain (President Trump and his supporters are the Resistance. His opponents are the Reactionaries.)
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To: dfwgator

Anyone who thinks the USA dropping our tariffs and letting them keep their sky high tariffs is flat out traitor. Yes, I said a traitor.


56 posted on 01/18/2019 3:15:33 PM PST by central_va (I won't be reconstructed and I do not give a damn)
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To: bigbob

We blinked.


57 posted on 01/18/2019 3:16:06 PM PST by central_va (I won't be reconstructed and I do not give a damn)
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To: dfwgator

They already got their “Return” in the decades prior to the Trump era when the Democrats and most Republicans sold us out on a regular basis.


58 posted on 01/18/2019 3:17:13 PM PST by dragnet2 (Diversion and evasion are tools of deceit)
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To: GOPJ

Not winning. Expect them to by food. Expect higher grocery store prices and more closed factories. Our side is nothing but a bunch of quisling idiots.


59 posted on 01/18/2019 3:17:33 PM PST by central_va (I won't be reconstructed and I do not give a damn)
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To: DannyTN
And this doesn’t address bringing industries back to the US.

It's all about Wall Street not Main Street.

60 posted on 01/18/2019 3:18:58 PM PST by central_va (I won't be reconstructed and I do not give a damn)
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