Trade War is better than Trade Surrender.
The Chinese military will pull Xi out if it last more than six months.
I recommend that Walmart and other major purveyors of Chinese product URGENTLY seek alternative suppliers. Hows this for a possibility ... seek out domestic American businesses to supply products.
The ChiComs are sweating it....big time.
4 years, if Trump gets reelected.
China will not last that long in a trade war.
Heck, China won’t last 5 years in a trade war.
China is dependent on other nations to have a “somewhat” successful economy, and they’re especially dependent upon the U.S. to keep their economy going.
This trade war won’t last more than a year, and China will have to give in soon.
In 20 years without the US market China will be back where it was before Nixon. Its up to them, we can just build anything we need here. It might cost more but it will last longer
We have been in a trade war already with China for 20 years and we have been losing.
I hope he is right.
Agreeing to equally low tariffs would not be in our interest. We need to rebuild our industries. A “fair” trade agreement with low tarrifs isn’t going to result in that. In fact it will result in more lost industries, because of the wage differential.
He is smart enough to realize that Trumpism is part of American Politics that is here to stay, and will outlast Trump himself.
The longer it goes, the less unfettered access China will have to American markets. We will pay more for Chinese crap, but maybe we can pay off the national debt with the income. In the end, American manufacturing and markets will be stronger. China will suffer a ongoing severe economic downturn. but hey, they can keep face.
NEWSFLASH We have been in a trade war with all countries for decades. President Trump is the first one to admit it and actually fight back. The problem is that most people have never seen a President with giant brass balls before.
I'd say china has WAY more to lose than we do. That's the problem with having a really lopsided trade balance, if it starts to shift one side suffers way more. China plays the long game and I'm sure they will likley say "we're willing to suffer for 4, 8, 10 years if that's how long it takes until another puppet takes change in America." They'll say that. But we'll see if they can make it work.
He’s nixed his million new jobs proposal.
So he’s predicting that Republicans will be in power for the next 20 years?
“Alibaba Founder Jack Ma Predicts the US China Trade War Could Last 20 years”
This “trade war” will be over in 3 months or so. Trump will give the Reds a face-saving way to give in, resulting in a 150 billion or so annual reduction in our trade deficit and intellectual property protection.