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 and he’s the one who won the election.
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. Even more than this but I’m just addressing the trade imbalance which is where they really make their money. China alone is making around $500 billion off us with many 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.
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 20% export tax, then surely, we could get 15% which would put us more in line with our competitors. Why in the world aren’t we getting the same deal from China that we’re giving them? Even if you’re a Democrat you should see how horrendous this is…Trump’s saying no more.
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 is so evil about that? Sure, they'll get mad but what's fair is fair.
What I like most is that 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 even try to follow through with promises he made on the campaign trail. So even though I'm not a huge fan of a lot of Trump's on a personal level, so far, he's staying the course and trying to follow through on promises made; I like that.
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. Even more than this but I’m just addressing the trade imbalance which is where they really make their money. China alone is making around $500 billion off us with many 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.
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 20% export tax, then surely, we could get 15% which would put us more in line with our competitors. Why in the world aren’t we getting the same deal from China that we’re giving them? Even if you’re a Democrat you should see how horrendous this is…Trump’s saying no more.
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 is so evil about that? Sure, they'll get mad but what's fair is fair.
What I like most is that 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 even try to follow through with promises he made on the campaign trail. So even though I'm not a huge fan of a lot of Trump's on a personal level, so far, he's staying the course and trying to follow through on promises made; I like that.
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