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Reply to "China Retaliates Against the U.S. With Its Own Higher Tariffs"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The stock market is not liking the Trump tarriffs.[/quote] Yea, if you get into a fist fight, your fist is going to sting a little from pounding the other guy's face in. [/quote] Hundreds of years of data would suggest that both sides are going to suffer from this trade war. But keep going on with your crude metaphors... :roll: [/quote] Yea, I have to use a crude metaphor because the liberals seem so focused on wishing ill on Trump's efforts that they forget whose side they are on. Trump is doing this because China is cheating/stealing from the US, that's all of us, every man, woman, and child, immigrant or citizen. Every one of us. If Trump is successful in getting China to trade more fairly, then both the US and China stands to benefit greatly in the future. Hundreds of years of history shows that sometimes a war is necessary. [/quote] Spoken like an unemployed loser living in a basement who gets his social welfare payment either way. Millions of American workers are going to suffer from these tarrifs.[/quote] Liar. -DP[/quote] Everyone loses in a trade war. Even Trump's chief economic adviser knows that. https://www.nytimes.com/2019/05/12/us/politics/larry-kudlow-trump-trade.html [quote]Larry Kudlow Breaks With Trump, Saying ‘Both Sides Will Pay’ in Trade War With China President Trump’s chief economic adviser said on Sunday that American consumers would bear a burden from the escalating trade war with China, contradicting Mr. Trump’s claim that his tariffs were a multibillion-dollar, one-way payment by China to the United States Treasury. The adviser, Larry Kudlow, made his comments two days after negotiations for a trade deal with China broke off and Mr. Trump followed through on a threat to raise tariffs on $200 billion worth of Chinese exports. “In fact, both sides will pay,” Mr. Kudlow said in an interview on Fox News. “Both sides will pay in these things.” Mr. Kudlow’s acknowledgment was merely a recognition of Economics 101. But it flew in the face of one of the president’s favorite arguments: that trade wars are easy to win, and that the pain falls disproportionately on America’s trading partners, which he accuses of having exploited the United States for years through predatory trade practices.[/quote][/quote]
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