Let's be honest here. We're in a trade war. Trade wars, like any other war, have consequences. There will be casualties in the form of business lost, jobs cut, and higher prices. The hope is that at the end there will be tangible benefits for the country that outweigh the pain, but in the mean time people are going to get hurt. The winner will be the one who can take the pain longer than the other side. The President has the commitment to see it through. It remains to be seen if Congress and the business community do as well.
Adding to your post, I also think if we can get rid of more suffocating regulations and taxes on business, companies will have incentive to return operations HOME. I will gladly pay more for American made quality products instead of the cheap crap from overseas. Bring back American business by getting fedzilla out of the way and the trade war would end very quick.
There will be a modicum of inflation and job INCREASES. You are an economic idiot.
>> We’re in a trade war <<
Yeah, but always remember,
“We’ve gotta destroy the village in order to save it.”
I think you mistake a trade war for ordinary international business.
In ordinary international business there are those that prevail and those that do not. It happens all the time continuously.
The current efforts by our persident are sepcifically directed at removing the edge of unfair competition.
Since I understand that there is no such thing as free trade, I have no prob with using tariffs. And I have no prob with the tariffs used so far.
That said, intent does matter. And the WSJ’s is nuttin’ but bad.
OBAMA’S TRADE WAR
In Obama’s trade war, the huge Communist China won. Now Commie China wants to censor our internet, and give us poor movies and poor quality slave products.