A lot of people are jumping on Trump for starting a trade war but the fact is, it's what he promised voters who voted for him; he's delivering on a campaign promise.
Trump's a negotiator. One of the first things in his book: "The Art of the Deal" is that you focus on your leverage and in this case the leverage is we're an $800 billion dollar customer. This is the money the rest of the world is making off us annually (China alone is a little over $500 billion), in unfair trade practices. If we're losing this much money and it's leaving our economy (every dollar drops our GDP), then the fact is we're better off with no trade deals. I realize it would negatively affect some industries like computer sales but the bottom line is overall our country would be better off.
Trump's not talking about getting a much better deal than countries like China but he's trying to make us more competitive; he wants a comparable deal. If we're paying a 25% trade tax then surely we could get it down to 13% which would put us more in line with our competitors. If they don't reduce our outrageous taxes then we have no choice but to modify ours. Isn't this only fair?
The bottom line is even with how devastating a trade war can be because of the politics involved, all Trump is trying to do is make a better deal...a fairer deal. What's so evil about that? What's so difficult about calling another country out for unfair trade practices. Sure they'll get mad but what's fair is fair.
What I like most is there's nothing that Trump promised that he hasn't tried to bring to fruition. Even when Obama had the House and Senate he didn't follow through with promises he made; never even tried. So even though I'm not a huge fan of a lot of Trump's actions, so far he's staying the course and trying to follow through on promises made yet another sign he's not a politician.
Trump's a negotiator. One of the first things in his book: "The Art of the Deal" is that you focus on your leverage and in this case the leverage is we're an $800 billion dollar customer. This is the money the rest of the world is making off us annually (China alone is a little over $500 billion), in unfair trade practices. If we're losing this much money and it's leaving our economy (every dollar drops our GDP), then the fact is we're better off with no trade deals. I realize it would negatively affect some industries like computer sales but the bottom line is overall our country would be better off.
Trump's not talking about getting a much better deal than countries like China but he's trying to make us more competitive; he wants a comparable deal. If we're paying a 25% trade tax then surely we could get it down to 13% which would put us more in line with our competitors. If they don't reduce our outrageous taxes then we have no choice but to modify ours. Isn't this only fair?
The bottom line is even with how devastating a trade war can be because of the politics involved, all Trump is trying to do is make a better deal...a fairer deal. What's so evil about that? What's so difficult about calling another country out for unfair trade practices. Sure they'll get mad but what's fair is fair.
What I like most is there's nothing that Trump promised that he hasn't tried to bring to fruition. Even when Obama had the House and Senate he didn't follow through with promises he made; never even tried. So even though I'm not a huge fan of a lot of Trump's actions, so far he's staying the course and trying to follow through on promises made yet another sign he's not a politician.
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