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Old 04-18-2011, 01:30 PM
 
29,204 posts, read 51,623,763 times
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NEW YORK (CNNMoney) -- Donald Trump's call for a 25% tariff on Chinese goods is winning him a lot of attention as he weighs a presidential run in 2012.

But Trump seems to be overlooking the consequences that his economic policy would likely trigger: a destructive trade war and higher prices, according to some experts.

How Donald Trump's 25% tariff on China could start trade war - Apr. 18, 2011
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Old 04-18-2011, 07:03 PM
 
Location: Out there somewhere...a traveling man.
42,082 posts, read 55,041,358 times
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The US owes China over a 'trillion dollars' Mr Trump. How are you going to repay that. Your stupid tariff idea will destroy all business transactions and relations with any foreign country.
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Old 04-19-2011, 05:13 AM
 
Location: By the sea, by the sea, by the beautiful sea
66,523 posts, read 48,087,641 times
Reputation: 36695
Quote:
Originally Posted by nitram View Post
The US owes China over a 'trillion dollars' Mr Trump. How are you going to repay that. Your stupid tariff idea will destroy all business transactions and relations with any foreign country.
It does exactly what he wants the idea to do, grabs him publicity to stroke his outsized ego.
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Old 04-19-2011, 05:16 AM
 
16,433 posts, read 20,728,078 times
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We don't export much of anything to China anyway. They won't kill their biggest customer. Trump's right: "Level the playing field...".
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Old 04-19-2011, 05:18 AM
 
16,433 posts, read 20,728,078 times
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Quote:
Originally Posted by nitram View Post
The US owes China over a 'trillion dollars' Mr Trump.
Better than them owing us when times get unfriendly...
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Old 04-19-2011, 05:50 AM
 
Location: SARASOTA, FLORIDA
11,501 posts, read 14,348,232 times
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We cannot continue to allow them to NOT accept goods from us. We allow them to ship almost anything here but China will not allow certain American made products into their country.

What is fair is fair and we need to balance the trade.

I believe if they want items we have such as corn and other items they need from us then we have a bargaining tool.

It is time we find ways to get back the being industrialized again. We need another industrial revolution in America to get our people working and to stop the screwing we are taking from many countries that do not trade with us even close to even.

Something has to be done.
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Old 04-19-2011, 07:00 AM
 
Location: Fredericktown,Ohio
7,170 posts, read 4,953,858 times
Reputation: 2920
Why Trump is getting so much attention is beyond me but then again I look at the rest of the GOP field and it makes sense. Trump makes a big production of China's currency manipulation but never mentions us. You know how Uncle Ben gets wild and crazy at the printing press and thus devaluing USD., I would bet he is a big fan of the FR and the banksters.
It is a good thing that economist were quoted in the article to straighten Trump out on some points like this one :
Quote:
China could also respond by closing its increasingly important market to U.S. exporters, which would be a major blow to American jobs and manufacturing. China has become the No. 3 market for U.S. exporters, with sales jumping 31% from the previous year.
So you slap a tariff on them and they slam the door on all U S goods and what does that do for our manufacturing base? Do we risk losing our number 3 export market when we barely produce crap now. I am not educated and I could go on and on how dumb this idea is. It is nothing but a bunch of populist rhetoric to dupe only the very ignorant.
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Old 04-19-2011, 07:09 AM
 
Location: The Republic of Texas
78,770 posts, read 41,620,978 times
Reputation: 18401
Quote:
Originally Posted by John1960 View Post
NEW YORK (CNNMoney) -- Donald Trump's call for a 25% tariff on Chinese goods is winning him a lot of attention as he weighs a presidential run in 2012.

But Trump seems to be overlooking the consequences that his economic policy would likely trigger: a destructive trade war and higher prices, according to some experts.

How Donald Trump's 25% tariff on China could start trade war - Apr. 18, 2011

There would be no trade war, until our manufacturing base built back up.

There would be higher prices, reflective of our citizens demand for a living wage to produce it.

Trade tariffs have been the protection for our workforce, in the regulated and taxed environment we call the land of the free.
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Old 04-19-2011, 08:42 AM
 
10,535 posts, read 12,795,457 times
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We're already in a trade war; we just refuse to acknowledge it so we continue to lose.
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Old 04-19-2011, 08:47 AM
 
Location: Gone
25,230 posts, read 15,637,557 times
Reputation: 5921
Quote:
Originally Posted by John1960 View Post
NEW YORK (CNNMoney) -- Donald Trump's call for a 25% tariff on Chinese goods is winning him a lot of attention as he weighs a presidential run in 2012.

But Trump seems to be overlooking the consequences that his economic policy would likely trigger: a destructive trade war and higher prices, according to some experts.

How Donald Trump's 25% tariff on China could start trade war - Apr. 18, 2011
Just one more reason to be added to the many others already noted as to why Trump is unfit to lead this naton, he would NEVER get my vote.
Casper
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