Enemies of the State

[spence]

Originally Posted by Jim in CT

In the other thread, you yourself said there are "some legitimate issues" regarding trade deals. Were you just fear-mongering in that thread, but being the voice of reason in this one? Which is it?

Theft of IP is a legit issue. I think the Chinese manipulation of currency used to be a problem but is old news. We don't have significant trade issues with pretty much all of the Western world. NAFTA wasn't a bad thing. Bailing out of the TPP was foolish.

But just because we have a trade imbalance with a nation doesn't mean it's necessarily a bad thing. So we have a large trade deficit with China, a lot of that is because Americans like affordable stuff and we don't understand their markets.

[wdmso]

White House 'ends public summaries of foreign calls'


Brick by brick

https://www.bbc.com/news/world-us-canada-44955992

[Jim in CT]

Originally Posted by spence

Theft of IP is a legit issue. I think the Chinese manipulation of currency used to be a problem but is old news. We don't have significant trade issues with pretty much all of the Western world. NAFTA wasn't a bad thing. Bailing out of the TPP was foolish.

But just because we have a trade imbalance with a nation doesn't mean it's necessarily a bad thing. So we have a large trade deficit with China, a lot of that is because Americans like affordable stuff and we don't understand their markets.

"But just because we have a trade imbalance with a nation doesn't mean it's necessarily a bad thing."

And I presume that's exactly how some people are reacting, that an imbalance is bad. I agree.

"we have a large trade deficit with China, a lot of that is because Americans like affordable stuff and we don't understand their markets"

I agree with that too, can't disagree with that.

SO I sit just theft of IP and currency manipulation? There aren't tariffs that our exports get slammed with (levied by the importing countries) that can be re-negotiated,?

[spence]

Originally Posted by Jim in CT

SO I sit just theft of IP and currency manipulation? There aren't tariffs that our exports get slammed with (levied by the importing countries) that can be re-negotiated,?

Well, that's why we enter into trade agreements. The issue here isn't if negotiation is a good or bad thing, it's about Trump's philosophy.

He thinks that multi-national agreements are always a bad thing, and worse he feels that everything should be 1 on 1 with him. Trump thinks every negotiation has to have a winner and a loser, like he got a deal on a real estate transaction. I don't think he has a clue how the global economy really works.

[Jim in CT]

Originally Posted by spence

Trump thinks every negotiation has to have a winner and a loser, like he got a deal on a real estate transaction. I don't think he has a clue how the global economy really works.

Yep.

[detbuch]

Quote:
Originally Posted by spence
Trump thinks every negotiation has to have a winner and a loser, like he got a deal on a real estate transaction. I don't think he has a clue how the global economy really works.

Originally Posted by Jim in CT

Yep.

From what I've heard Trump thinks that a good deal is win-win, not winner/loser. Heard he just made a deal with the EU:

[spence]

Originally Posted by detbuch

From what I've heard Trump thinks that a good deal is win-win, not winner/loser. Heard he just made a deal with the EU

That's not much of a deal, just an agreement to stop escalation of a trade war with a critical partner. Typical Trump, nothing specific, could change tomorrow.

[Jim in CT]

Originally Posted by spence

That's not much of a deal, just an agreement to stop escalation of a trade war with a critical partner. Typical Trump, nothing specific, could change tomorrow.

i have zero knowledge of this deal you are bashing. but when you hear something like “ the tax cuts are helping people”, or that gdp growth will look healthy, or about low black unemployment, or what detbuch referred to...do you just reflexively conclude it’s bad because its Trump? or do you do any kind of honest thinking before you decide that whatever he did, can’t possibly be productive? do you have any appreciation for how redundant and predictable you are on these things? if he ran into a burning building to save a puppy, how exactly would you criticize that?

how about you criticize him when he deserves it, and give him credit when he deserves it? what are you afraid would happen, if you gave him credit for somehing? reading your posts, or pete, or wdmso, you’d think he was a cartoon villain.
Posted from my iPhone/Mobile device

[detbuch]

Originally Posted by spence

That's not much of a deal, just an agreement to stop escalation of a trade war with a critical partner. Typical Trump, nothing specific, could change tomorrow.

Either you didn't watch the video, or you're an idiot.