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Donald Trump Approves Tariffs on About $50 Billion of Chinese Goods

By The Wall Street Journal

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  • Mike Horner
    Mike HornerAuthor at Living An Ultra Life LLC

    I keep reading opinions about how this will crash the economy and other sour grapes. I very much disagree with that type of analysis.

    You may hate President Trump for many reasons but you cannot debate that he is the first president in a very long time to force people to the negotiation table by not bowing to political correctness.

    The US trade imbalance has been ignored for far too long and we as a nation have allowed Europe, Canada, Mexico and China to enrich themselves on weak leadership for

    I keep reading opinions about how this will crash the economy and other sour grapes. I very much disagree with that type of analysis.

    You may hate President Trump for many reasons but you cannot debate that he is the first president in a very long time to force people to the negotiation table by not bowing to political correctness.

    The US trade imbalance has been ignored for far too long and we as a nation have allowed Europe, Canada, Mexico and China to enrich themselves on weak leadership for far too long.

    Putin predicted in 2008 that by electing a weak leader America would suffer and Russia would once again be a world power, controlling nations around the world to bow to Russia. He was right on.

    America can right the ship and create more balance but it is going to take continued leadership that doesn’t bow to the evil of political correctness.

  • Ernie Sander
    Ernie SanderDirector of Platform Community at Quartz

    When China retaliates (as it has said it will), US port cities could be hit hard/early, particularly on the West Coast. About half of the U.S. maritime trade with China goes through Los Angeles/Long Beach. That's the exit point for billions of dollars of ag-related cargo every year, and China has threatened new tariffs on things like soybeans, cotton, wheat, corn, sorghum and beef.

  • Mario Mario
    Mario Mario

    “Chinese Foreign Minister Wang Yi said China and the U.S. faced a choice between cooperation and mutual benefit on the one side and confrontation and mutual loss on the other”

    I’m calling BS. America has been trying to cooperate, its China that has stolen our technology and intellectual property while protecting its own markets. Over a trillion dollars in wealth shifted from the US to China over the last 10 years. Yet America is playing by the WTO rules, but China refuses to do the same. No more

    “Chinese Foreign Minister Wang Yi said China and the U.S. faced a choice between cooperation and mutual benefit on the one side and confrontation and mutual loss on the other”

    I’m calling BS. America has been trying to cooperate, its China that has stolen our technology and intellectual property while protecting its own markets. Over a trillion dollars in wealth shifted from the US to China over the last 10 years. Yet America is playing by the WTO rules, but China refuses to do the same. No more theft, no more dumping, no more one sided trade imbalances. If Chinas growth slows and American GDP hits 4% in Q2 even with tariffs, China will have to come to the table.

  • ELVISbmk ...
    ELVISbmk ...Captain Conservative

    we have a huge trade deficit with China there's no way we can lose a trade war with them , they would lose a hell of a lot more than we would.

  • Yuni Wakamatu
    Yuni Wakamatu

    "It wasn’t clear when the tariffs would go into effect."

    When did they start building"The great wall"?

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