It was always a game of high stakes poker that Trump was playing. Anyone who can’t see that deliberately doesn’t want to see it. You could argue that it’s not very statesman like and to an extent I’d agree. However the status quo has muddled on for a long time so perhaps the tree needs to be shaken.
I’m not a huge fan of “well it’s always been done this way”, so perhaps the new sheriff is what’s needed?
I will say though (and you can quote me on this in 2/4/6/8 years) whatever Trump is doing will work.
Of course it will work. What the lefties refuse to understand is i sell x number of apples to you for y pounds and you sell me the same value in cherries is a fair deal. If i then stop buying cherries from you and sell you more apples how is that right.
Or even worse i then tell you you cant grow cherries anymore you have to buy them in from my mate ala the eu
Google is your friend. I’m actually surprised that you asked that Dennis, you don’t build the worlds largest economy on tourism and reruns of Happy Days you know.
We trade oil and resources and at best top quality manufacturing, which they then copy.
For cheap third rate Communist made garbage and we contribute to the Chinese military budget for the privilege.
Trump sounds like another Farage controlled opposition, or the US is scared of the commies.
It’s a catch 22. Trump knows that US industry and military is too weak to antagonise China or provoke it in the wrong place at the wrong time like Taiwan and Philipinnes and the US remains weak while throwing more cash and more demand for cheap imported Communist made crap China’s way.
Luckily Chamberlain didn’t have that problem v Germany in 1936-8.
The US economy can only grow at the expense of China and vice versa as weve seen since the 1960’s and after Reagan threw the US economy under that Communist bus.It’s obvious which side the Socialists would be on.
I could have Googled it I suppose but I just thought I would ask - it was a serious question, not a trolling one. Off my head I can come up with Boeing and very little else. I guess you could include films, Google, Meta, Twitter etc as well but I actually meant things that the ordinary folk would buy. Not looking for a fight so please don’t reply unless it can be kept civil.
I’m not looking for a fight either Dennis, but it’d take me all night to go through a comprehensive list of American exports. Safe to say they are a nett exporter.
I’m no geopolitical expert but from what I gather it’s that as a nett exporter Trump feels that they are unfairly penalised by virtue of import taxation when exporting to other countries. He’s attempting to level the playing field. Apparently he’s had some success so far with a number of countries caving and reappraising the import taxes they place upon American goods.
I’m gonna make a very oversimplified analogy here regarding tariffs; if I was a night club owner in a town that had say ten nightclubs where each nightclub charged a £5 entrance fee and I then discovered that the other nightclubs were charging members of my family £10 entrance fee to enter their clubs I then would undoubtedly reciprocate and charge family members of the other club owners £10 to get into my club.
Edit to add; if I was Trump I’d probably say “screw this” and charge their family members £100 entrance fee
The US trade deficit with China is around $300 billion.
In large part made up of the transfer of wealth creating and strategic manufacturing industries.
While what China does import is generally the food and fuel resources that we need to keep fuel and food supplies and costs low enough for ourselves to survive.
It’s not difficult to see where this is all going.
