Quote:
Originally Posted by billdan
Trump is an idiot, the Chinese will still be getting their asking price for the goods supplied. The US consumer will be paying the 25% tariff.
Why, because for decades the USA owes trillions of $$$ and can't pay it back. In fact every 3 months they have to beg Congress so they can borrow some more.
So this Trump strategy is a smokescreen, making it look tough on China, when in fact it is an effort to get the US consumer to help pay off the USA debt.
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Yep. $13 TRILLION USD and counting owed to China - a COMMUNIST nation...the very anti-ideal post-WW2 premise the USA built itself on. It's laughable.
The USA and Europe still believe sanctions and embargoes work. They've done it to Russia, North Korea and now China (more). Fact is, they DON'T work. Russian trade deals with China have sky rocketed and will continue so, as Russia will supply China with all the natural gas and other resources it needs (seeing idiotic Europe has cut themselves off from that and now - bada bing - the USA will need to supply Europe
). Not to mention the space exploration plans together.
The USA is SO antiquated and backward thinking. As one dinosaur leaves the NSA/CIA/Congress/Treasury, he trains his replacement with the doctrine and ideology of 50 years ago. They cannot learn and adapt, and it seems they never will while they think they dominate the globe. Pure arrogance intertwined with a xenophobic mindset.