OK so they sell us 5 times as muc stuff. And we don’t buy it from them any more. How does that hurt us? I mean what happens if their factories have to close. I bet that won’t be good.
Bump!
Whose "view" is that...the Democrats?
Try reading Tom Clancy’s “The Bear and the Dragon.” That man had a pretty good handle on Chinese thinking.
“Less cheap junk” isn’t the worst economic policy in the world either.
It’s a small thing, but I wish Trump would do something about the international mail agreement that gives the Chinese a huge advantage in mail order business. It’s not just the price of the postage, it shuts the American sellers out of the market. For a one dollar item, it might cost me a few dollars to ship; it would cost a chinaman a few dimes. Guess who gets the business.
http://dailycaller.com/2015/06/16/international-agreement-forces-usps-to-lose-money-on-foreign-mail/
“Trump’s trade war advantage: The US economy is ‘firing on all cylinders,’ says expert”
Trump deliberately got the economy going like gangbusters BEFORE taking actions to force our trading partners into engaging in truly fair trade ...
Of course Trump has all the advantages. We buy much more from China than vice versa. Most of what we import from China is lower level consumer goods. America still dominates high-end advanced manufacturing. The things we buy from China we could live without. Since work forces are finite and limited for EVERY nation, I’d rather make airplanes than toys.
China’s economic legs are growing more and more splintery even as we speak. It’s work force has been tapped out. It’s inefficient agriculture sector still requires the vast majority of it’s people to grow food or face starvation. Even still, it’s work force is beginning to enter it’s long decline as China starts down the hill toward population decline. It’s fertility rate is well below America’s and the nation will go into national population decline just like Japan is now and South Korea will shortly. These former Asian powerhouses will wither away over the next century as none of their policies to raise their birth rate have ever worked.
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