Quote:
Originally Posted by Pete F.
His failing trade war with China actually would have caused the trade imbalance to increase in Q1'19, but was saved from that by a swine flu epidemic in China that killed the majority of their pigs, they then bought US pigs. Maybe swine flu was brought by Trump to China.Now Trump is giving 15 BILLION to us farmers to offset their losses from the tariffs, but he will have to keep doing it. The Chinese are helping their farmers to grow the products they need in their own country and also thru their Belt and Road initiative helping farmers in other countries. This market will be gone for some time in the future and we will have to find new markets.
Sooner or later he'll say: who knew being President was so complicated?
|
This is another interesting example of your thought process. So, if it hadn't been for the swine flue, China wouldn't have bought pigs from US farmers? So we have to depend on China's disasters in order to sell them stuff? That doesn't seem like a good formula for sustainable trade.
On top of that, China is helping its own farmers to fill the needs of the country--but it wouldn't be doing so if Trump wasn't slapping tariffs on goods from China? Oh, really? China would "help" farmers in other countries through its Belt and Road policy, but it wouldn't do so for its own farmers if Trump didn't impose tariffs? That's caca brain thinking. It's also naïve thinking that China's Belt and Road policy is some generous gesture or even an attempt to create beneficial cooperation with the rest of the world. If it were, it would certainly cooperate with the US in this beneficial cooperation. To think such a thing is merely to swallow China's propaganda.
"Belt and Road" is a slick trick to gain Chinese world dominance, and especially to replace the dominance of America with its own. It essentially seduces economically depressed countries into accepting its "help" and makes them dependent while it rapes their resources for its own use, and in the meantime gaining a "partner" in its drive to power. It's an extension, by other means, of taking out what little wealth those countries have as it has been transferring out whatever wealth it can from us by loaning us trillions of dollars while taking advantage of putting restrictive tariffs on American imports while not getting reciprocal treatment. And by "allowing" American manufactures to produce in China if they turn over the management and intellectual property of those businesses to China. (China's rape of America has given it the wealth and edge to make Belt and Road possible.) Even debt ridden European countries are considering accepting China's "help." Hey, after Trump destroys the US, then we could accept the help available in its Belt and Road.
Trump's "trade war" is about far more than fair trade.