Trump Will Aim For 60% Tariffs On China If Reelected

Maybe somewhere between propping them up and bringing them down?

 

I lived & worked in Hanoi. I know China is a threat. They are not poised to be 1, they are 1. They will have sig military ability w or w/o a strong econ. Surely, you can think of reasons why a flailing economy would make them MORE, not less dangerous. But, putting that aside, their econ pain will be our econ pain. IMO, yes, my feelings, but there is evidence for it, I think free trade has been the greatest force for generating peace that there is. & it's been doing it for 1000s of years. Fun Fact: until dickhead invaded Russia no 2 countries with McDonalds had gone to war. mcD has left Russia

 

Well, that's kinda where we are, right? I don't ever recall President Trump saying he wanted to reduce China to a 3rd world economy. But ultimately "hey, you're becoming way too powerful way too quickly at our expense and we're going to level the playing field now. Good luck."

 

It's a banned poster who used to be orlandogator. I think he had another name, too.

 

hey, here's a novel idea, provide some evidence for this claim.

 

Assuming China will act in good faith might be excusable if they had an "okay" record on human rights, but their human rights record is beyond atrocious and entrusting them to "play nice" as they aren't hiding their intentions of conquest is for the truly stupid. But carry on..

 

human rights? you've gone full ultralib. human rights - sez the guy who wants the us to go the china route.

 

Also keep in mind that US exports to China total $154 billion (2022). A lot of Americans will be hurt if that number significantly decreases.

 

Consider the poster.

Same dude basically mocks the financial controls against the Russian economy, whose stock index may as well be -0- to foreign investors.

But he’s getting giddy over a bit of stock market pain over in China? It’s basically the same deal, except we have substantially more trade with China. More downside on our end. ~$500+ Billion vs. ~$15B with Russia (pre-war). The numbers are much bigger because of the size of that economy. What we are seeing now is foreign companies (including our own) pulling back on China. Foreign investment in China was negative last year for the first time in forever, more corporations pulling out than investing new capital. Lots of stuff happened between those tariffs and that reversal: Chinese extended Covid lockdowns, Chinese caused global supply chain issues., XI’s tightening grip, XI’s nationalistic rhetoric, and partnering with Russia (where foreign investments became effectively worthless) aren’t going to inspire confidence in Chinese markets. THIS is what’s going on. It’s the inevitable endgame to any country that goes the authoritarian path. See North Korea. Venezuela. Russia. Etc. The problem here is these “leaders” don’t give two shits about the economic havoc or death they cause, just that they maintain their grip on power. Xi hasn’t crossed that rubicon yet, but the major corporations are worried enough to at least start diversifying in order to protect themselves from such a scenario.

 

There was a dip after the tariffs which recovered. However, that is in contrast to the majority of US economists calling the tariffs one the largest tax increases in our history, higher prices up to 10 - 20% on tariffed goods, a bailout to farmers that represented one-third of their total, lost markets and an increase in the trade deficit under Trump. Trade wars are unsuccessful and hurt the most vulnerable people.

 

I already posted evidence. Our stock market has nearly doubled since the tariffs went into effect. China's has cratered almost 50%. You said we need a strong China to keep things moving economically here, but the data (ie evidence) say otherwise. Our economy has prospered with the tariffs. China's economy has suffered massively, especially when you compare it to their prior trajectory of growth.

What evidence do you have that says we need China to be an economic behemoth to keep the U.S. economy humming? All the evidence I see says the exact opposite. Try responding without foaming at the mouth. Perhaps you'll fare better.

 

Another poster indicated that the drop in their stock market was brief. Please provide evidence that it cratered and stayed that way.

 

you did not provide evidence that tariffs helped our economy prosper nor did you provide evidence that it caused China's to suffer.

 

A large national GDP is needed to procure the annual amount of spending on the military necessary to challenge the United States. China’s economy crashing would be equivalent to the USSR’s economy crashing. It would remove them as super power 1B.

 

And by the end of Trump's presidency it had climbed to about 4800, or about 800 higher than before the tariffs were enacted.

 

Except the USSR did not account for over 1% of our GDP and import nearly $200B in goods and services from the United States.

Not sure what 2x4 will need to hit some people in the head before they understand how tightly linked the US and China are economically. That was never the case between the United States and the USSR.

 

S&P China 500 went up by about 90% during Trump's presidency, late Jan 2017 to late Jan 2021.

 

nice post. we need a leader that is not a sissy ass punk. 1 who will slash our military & greatly increase our trade with China & everyone else. the FEARFUL sheep are gonna be our ruin. impoverish ourselves & wrapping the populace in GD expensive bubble wrap is NOT the American way. it's the way of the little commie bitches.

 

I hope you are able to find psychiatric help.