Bush92
GHBush1992
- May 23, 2014
- 34,808
- 10,715
- 1,400
When you try to stop China from importing products to our nation for free and they put a tariff on our manufactured goods entering their nation.how is a trade war, fair trade?Fair trade. It’s a two way street.Because commerce is about trade not "gun boat diplomacy with our exorbitantly expensive superpower".Manufacturers are moving their operations out of China and its hurting china’s economy during a time when they’re already in a slowing economy and have already reduced their currency about as much as they can. Now they’re lowering their reserve requirement so their banks can lend out more money. Their only answer is to inflate. We have a strong economy right now that gives us leeway to weather the little downsides to tariffs in the near term and china’s facing the reality that they don’t get to just have it their way anymore and that’s why they’re meeting next month to discuss a trade deal. I don’t understand why you or anyone else is fighting this. America is finally standing up to China and the same people who we all know would’ve been gushing over this move if Obama had done it are furious about it instead. We just had Powell say yesterday that he doesn’t see a recession in the forecast, while less jobs were added then expected there were other numbers in that report that gave a rosier outlook on the economic future, and the markets are still responding favorably to all of it. The market traded sideways for a while because of uncertainty over a trade policy we haven’t see our government utilize in decades. But as they get more of a taste of the way it’s going to work out we’ve seen that the tensions have eased for investors and they’re starting to buy back in again. We’ve had tariffs on the table for over a year now and the economy is still moving and growing. This is good for EVERYONE the same way it would’ve been good for everyone if Obama had done it instead. I only wish he would’ve so wed be further along with this process already and maybe already had a better trade deal. I don’t care WHO does this, it needed to be done.What the fuck are you supposed to do when none of them have any balls to do it? No one has had any balls to take these people on in over 20 years. Not to mention, im sure Europe’s leaders don’t get to make that decision unilaterally because of the fucking EU. It’s amazing to me that even in the face of what trump is trying to do, which seems to be working so far, you still can’t be happy. It probably infuriates you that it wasn’t one of your favorite politicians that did it instead.
In what way does what Trump is doing seem to be working?