Hasn’t deterred the market. And should the market care?
Not sure about mentioned the trade deficit comment earlier but here goes nothing. Take 10 minutes out of your day tomorrow and look around your house at everything you and your family wear, utilize, and drive that says made in China. Now look at what American companies produce or assemble these products in China. Now, remove all these products out of your life. You’d be surprised how much that is. The net affect of us being this forceful is that it will force American companies including smaller oner to half to produce their products elsewhere since these won’t be produced in the US. This will force them to pay more to produce these and eventually may have to trim right and left for that shift in cost including laying off people. Ultimately, it will affect the number of jobs in the US and the cost of goods will go up which will slow down our combined buying power. So, is it worth it to bully them into our agreement, no, should we seek to improve things for the long run, absolutely yes. This needs to be done tactfully which te Trump administration doesn’t possess. There you have it folks. Bring on the haters
It's about time US takes control of this Chinese explosion! We do not manufacture anything here anymore, walk into Walmart, Target, or any retail store and everything on the shelf is from China! Enough and good for you Trump for have the testicles to stand up to this whacked out mess!! Chinese manufacturers steal patents and clone everyone's products and no one can do anything about it. FAIR TRADE, not unbalanced upside down China gets to do it all and not return the favor.
A tariff is a tax.
Note to self. Never play chicken with Trump.
I find it hilarious that people are saying “China looses” or “China can’t survive without it’s valuable USA market”. If China really wanted to hurt the United States all it would have to do is call up the debt. It is currently the largest holder of debt from the United States.
Enough- no one wins in a trade war.??
I don’t know much about economics, but when we owe a US DEBT of $21,519,494,216,250 and a money supply of only $3,714,864,858,787 with only $261,498,926 in Gold Reserve, how on earth can telling the people we owe money to that we are going to charge more for their imports ( which we should be buying American anyway ) suppose to help us out ? In the end won’t it cost the consumer ( you and I ) more money for the already overpriced products? I understand how it could bring down the deficit if the government spent the money in the proper way but we all know that’s not going to happen ! Our paychecks don’t go up yet everything we buy is rising in price beyond most average American citizen can afford. Shouldn’t we be trying to increase the pay for the people paying instead of forcing everyone into debt and credit problems ? Our money already isn’t worth what it’s printed on! The $500 and $1000 need to be reprinted as $100 bills aren’t worth 3 bags of Walmart Chinese products we fill them with now .
Dump tRump. Crazy peckerhead
IBEW Electrician at Atlas Mechanical Inc
6 年And there were around 250,000 of them now there are close to 172,000. Only federal and law enforcement are allowed to purchase new automatics. They have bullets that can go a pre set distance like thru your window then explode so your AK OR AR isn’t going to be much good. Why are they militarizing our police ? Anyone remember the wall? Once it begins it will be very rough for several people. Our own government has conducted experiments on our own people to see how things like herpes spread and how other diseases could be put in mosquitos and transferee to the public and this is moral ? Right ? No ! It’s not alright ! You think and everyone says they won’t come for our guns Well to prove they will and did look at Louisiana when Katrina hit ! Door to door and unarming legal gun owning citizens! They tell you they don’t keep records, if that’s true how are they now going and taking guns from people who years ago purchased a gun and now is a prohibited person due to some mistake they made that may not even be a felony! Yet we have all these shootings and we need more stricter gun laws or no guns at all? Ask yourself this would you rather not have one and need it or have one and not need it ? They want a one world currency !