Reply to China Retaliates Against the U.S. With Its Own Higher Tariffs

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[quote=Anonymous][quote=Anonymous]Someone want to explain how we are winning under this scenario?

Trade war with China means US farmers don’t fell food. The IS government spends billions of dollars bailing them out. We are in a deficit, so all the money is borrowed— a lot of it from China. Which owns more of America and we have to pay them interest on the debt.

Seriously— please explain to me how we “win” a trade war with a China when the trade war increases the debt and China holds the debt and makes a profit.

Trumps plan seems very half assed.  Unsurprising I guess.

At any rate, this hurts, farmers, and manufacturers, and small business owners with a global supply chain in red states first and hardest. That’s the Republican base. The Information, professional, knowledge, tech and service sectors in blue areas get hit much less hard.  If they are willing to endure the economic pain for a trade war that will, at best, be a draw because it is somehow MaGA, good for them. As long as my 401k stays strong, I don’t really care. Do you?

[/quote]

All of this has been addressed in this thread. It is discouraging that so many people like the above poster has such strong feelings one way or the other about the trade war, but is obviously rather ignorant on the topic of international trade, trade deficit, and how the US debt ties in to the subject.

Raising tariffs hurts China more than it hurts the US - I am not talking about who pays for the tariffs, but the overall economic effect of raising tariffs on Chinese goods coming into the US. Also, US's actions shows China that the US will act to protect its interests rather than let China carry on stealing from the US without any worry. [/quote]

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