Skip to comments.Game over for America:...after the crash, the US economy...but its self-confidence has not...
Posted on 09/15/2018 7:05:28 PM PDT by familyop
One of the funnier comedy Trump videos on YouTube is a montage, made before he became president, of all the times Trump said China. Its about three minutes long and is mesmerisingly hilarious. As a candidate, he talked about China raping America. Funnily enough, that was exactly what Americans wanted to hear...Maybe Trump isnt as stupid as he seems and maybe his supporters arent as stupid as smug liberals assume. Forty per cent of Americans never leave their country, but they can see how it is being eclipsed by China. And US voters know that China doesnt play by the rules on free trade: it fiercely protects its own economy through tariffs and massive subsidies.
(Excerpt) Read more at dailymail.co.uk ...
You must read the whole thing to find out what's in it. ;-)
And don’t judge it, until you read it all. Remember that it was written for British consumption in a regime of British propaganda from the anti-American British left. Some things need to be said in increments.
Funnier and funniest is now the Queens English???
Where does China get all that money?
They get it from trade with us.
China’s economic system isn’t as sound as folks think.
If we picked up stakes and moved out of China, it would literally fold financially.
While that may be an exaggeration, I don’t think it is by much. It’s ability to project globally would be hindered.
But we don’t.
We don’t. We don’t.
No we don’t.
Trade with China by the U. S. will be a subject studied for hundreds of years.
We really screwed up. Massively.
“If we picked up stakes and moved out of China, it would literally fold financially.”
That seems to be the plan.
President Trump first had to prepare the battlefield, before imposing tariffs on the communist Chinese. The USA had to be made competitive to attract the business displaced from communist China, through tax cuts and de-regulation. The gaping back doors through NAFTA and the EU, that would have allowed the communists to avoid tariffs, had to be closed. Now the conditions have been set.
Now the tariffs on communist China are being rolled out. First, 10% tariffs were placed on just 10% of Chinese imports - a warning to all. Three months later, the President (this week) directed expanding that to 50% of Chinese imports. He also directed that the process be initiated to prepare to expand that to 100% of communist Chinese imports (which takes about three months for public comment).
So next year, 10% tariffs will likely be in place across the board. They could be cranked up to 20% (or more) in the same manner. Companies are already planning to shift production elsewhere. If they don’t, 20% would likely force it. 30% is just another number the President could sign.
Tariffs simply work. It’s math.
We are the only major economy that does not substantially use them to protect our industry, and predatory communist China has exploited that vulnerability.
The application of significant tariffs will simply force the realignment (and likely communist Chinese financial collapse) that you mentioned.
Next year is on track to be the first year of real realignment, as the real control measures (tariffs) are just now being applied.
Get your popcorn ready for the show.
Thanks for your comments. They were interesting.
They sound reasoned, and as you state, now to sit back with the popcorn.
“We really screwed up. Massively.”
You may include yourself in your choice of language, but not me.
“They” is the proper term from my chair and “we” need to remember that.
Bookmark to read later.
The Brits have lost to the invaders and want company
ping for later reading.
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