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TPP was dead, none of the candidates support. The only way to deal with China is to transform our economy to be less dependent on them. You don't need a new 4K TV, there's nothing on the air that broadcasts even FHD.
You don't need a new iPhone 7 every other year when that iPhone 5 and 6 still works. Millennials are still poor because they spend too much on education, does not invest, and spends too much on technology to keep up with the social media darlings.
China is coming over to create jobs because even they know that they've destroyed our economy for the middle class and to ensure our consumers can keep consuming their goods they're creating jobs and the only roadblocks are government politics.
We don't need TPP, we need individual trade deals per country.
I am sorry but your post provides no reason at all that KILLING the deal dead is a good idea.
firstly the deal was NOT dead, I get that Trumper folk want to pretend it was, but it was not.
Instead Hillary and likely any REAL GOP POTUS, would have simply tweaked the deal and made sure to get it signed and sealed. I know , I know you don't want to believe this, of course you don't.
Instead THEY get OBOR and we get NOTHING, and frankly I doubt even hard right crazies like the idea of being excluded from a 60 country trade group spanning Asia and Europe. `
but as I said to the last poster feel free to believe yourself correct, it wont feed your kids , but you will feel good right up until you figure out that TPP was our plan to keep trade focused on USA..
China is going to lead a 60 nation trade pact. They will be at the center of Trade, we will not. Well done lads, well done.
I am sorry but your post provides no reason at all that KILLING the deal dead is a good idea.
firstly the deal was NOT dead, I get that Trumper folk want to pretend it was, but it was not.
Instead Hillary and likely any REAL GOP POTUS, would have simply tweaked the deal and made sure to get it signed and sealed. I know , I know you don't want to believe this, of course you don't.
Instead THEY get OBOR and we get NOTHING, and frankly I doubt even hard right crazies like the idea of being excluded from a 60 country trade group spanning Asia and Europe. `
but as I said to the last poster feel free to believe yourself correct, it wont feed your kids , but you will feel good right up until you figure out that TPP was our plan to keep trade focused on USA..
China is going to lead a 60 nation trade pact. They will be at the center of Trade, we will not. Well done lads, well done.
I don't think trade talks are dead. One of the reason Trump called Taiwanese President was to get China to worry like our Pacific partner Japan, we can easily create a base and dock a bunch of fighter jets over to protect Taiwan. China doesn't want that and Trump knows it. There are several countries like India, even Vietnam and Thailand that are playing by ear with any nation. They can sign a deal with China but still have deals with US.
You're gullible to think that Vietnam or Thailand would sign a deal exclusively with the US when those countries have deep ties to Chinese officials. They are pressured to comply with China secretly or else they would get blocked from doing business with China.
Trade deals are very messy and in the Pacific it's China that has the leverage. Just look at India, they bought weapons from US, Russia, and China lately they have no loyalty.
Yeah, a guy who built and owns a couple multinational companies probably doesn't understand the square root of **** about international trade, balance of trade or currency exchange rates.
Do you guys ever things through before you say them?
The guy is a real estate developer and licenses his brand with questionable liquidity at his disposal who can't get funding for American banks, Nelson Rockefeller he is not.
getting nervous? Trying to stop wave of folk protesting...
well I got bad news for you , Trump has already galvanized millions who slept through the last few elections. he has managed to do what the DNC has failed to do for decades.
Instead of telling libs to go away cause they are messing up your day, you should be telling your GOP rep to impeach Trump before your entire party split , fractured and debased.
Hate to burst your bubble but Republicans I know could not be happier with Trump. He is doing what he said he would do and at a faster pace than almost anyone expected. The stock market as well as consumer and business sentiment are booming. There is an optimism not seen in decades.
And he is increasing the size of the GOP "tent" with his strong union support during the election in the rust belt states and meeting with union leaders recently. Expect him to chip away at other so called democrat strongholds as time goes by.
The radical fringe left does not like Trump and would not like ayd republican holding the presidency. Who cares. Regroup and come back in 4 years. Try to find a candidate who is not a card carrying socialist or under criminal investigation unless you want to lose again.
I don't think trade talks are dead. One of the reason Trump called Taiwanese President was to get China to worry like our Pacific partner Japan, we can easily create a base and dock a bunch of fighter jets over to protect Taiwan. China doesn't want that and Trump knows it. There are several countries like India, even Vietnam and Thailand that are playing by ear with any nation. They can sign a deal with China but still have deals with US.
You're gullible to think that Vietnam or Thailand would sign a deal exclusively with the US when those countries have deep ties to Chinese officials. They are pressured to comply with China secretly or else they would get blocked from doing business with China.
Trade deals are very messy and in the Pacific it's China that has the leverage. Just look at India, they bought weapons from US, Russia, and China lately they have no loyalty.
well thank you, you just made my point.
China does in fact have the leverage. TPP was a plan to offset it. TPP was intended to create a US facing trade group that offers the stability of US law and access to our market place. We know the US will be surpassed in terms of volume, but we also know the USA is one of the safest markets where the rule of law ensures all parties have access to recourse.
Trump killed the deal dead. Some of the remaining nations have already made it clear that they are looking to china now. Furthermore the tone, the adversarial approach Mr trump has taken, flies in the face of our most attractive offer; Stability and trust.
OBOR, goes much further the TPP agreement, it builds massive infrastructure along with trade agreements, it is long term plan to open new markets to China. And it is only ONE aspect of china's plan to be the center of global commerce.
China fully understands the importance of its public image in the developing world. One has only google the massive "gifting" of everything from Bridges and ports to stadiums and highways. Meanwhile our president is busy telling the world that it is "America first" sending a big middle finger to nations who now have a choice. Today China is doing exactly what we did 60-30 years ago. They are the country winning hearts and minds. Who does not like a free bridge in a city with only two bridges. Who does not want the gift of a new port to welcome visitors with pockets full of gold?
I say Trump does not know what he is doing by retreating behind walls, killing a 12 nation trade deal, publicly challenging the "one China " policy. starting a twitter war with Mexico. and banning people from countries that never produced a single terrorist attack on our shores., while ignoring the many countries that have...
maybe you think we will wrangle a bastardized TPP from the ashes, but I think trump sending the world a big fat duck you in his first week will make a lasting impression and not one that we want. I believe Trump is a rank amateur that has surrounded himself ideologues that are more interested in doing things "their" way than doing things that benefit our nation . Sure with luck they might get some things right, but the cost may be very high indeed. I surely hope you have a strong cash position because this ride is going to be very choppy indeed.
Hate to burst your bubble but Republicans I know could not be happier with Trump. He is doing what he said he would do and at a faster pace than almost anyone expected. The stock market as well as consumer and business sentiment are booming. There is an optimism not seen in decades.
And he is increasing the size of the GOP "tent" with his strong union support during the election in the rust belt states and meeting with union leaders recently. Expect him to chip away at other so called democrat strongholds as time goes by.
The radical fringe left does not like Trump and would not like ayd republican holding the presidency. Who cares. Regroup and come back in 4 years. Try to find a candidate who is not a card carrying socialist or under criminal investigation unless you want to lose again.
2 not 4 years.
I think you have grossly overestimated his appeal. You need only look at polls (I don't care that you don't like them when they don't suit you)
we can argue over the validity of his EOs. We can argue as to his ability to enforce, fund or execute them.
But the vulgarity of his approach to international politics does not bode well, the naivety in his tweets and phones calls leave me wondering if Mr Trump is aware that he does not have the power to bully other nations like it is 1980.
on the other hand, if you are of the persuasion that isolation is a win, well then we are winning, and winning "bigly" if I got the expression correct....
God golly my bentbow, you clearly don't have a clue.
I have been an investor for 3 decades, a successful one at that. I invest across borders, I have some small interests in other countries. Not claiming to be a billionaire in any way shape or form.
But I can tell you straight up. Trump has not got a clue and has the entire GOP wondering WTF is wrong with him and his inability to shut the hell up.
He has already done very serious damage to our nation. TPP might be confusing to folk who don't see the big picture , but by simply dumping it, he lost us our chance to define the rules for decades and encouraged the 12 nations involved to consider China's alternate pact. (OBOR)
Now, Bentbow, I know you hate anything and everything that looks like it might be neg on trumpy boy.
But for once in your life, follow the link, read it, parse it , learn something. Use the mind god gave you to see why a balanced non partisan thinkers believe Trump gravely mistepped and made it much more likely that we will look back to these days and weeks as the when the USA lost it's global lead and ended up on the outside of a global 60 nations trade agreement that literally spans the globe while EXCLUDING the USA... ...
China will determine OUR future if they pull this off. And folk like you will forget having supported Trump, you will forget having posted here and you will blame whoever is in power for the issues you face in our shrinking waning position.
frankly Trump is simply unprepared, not nearly educated enough to make an informed choice. He and his team are pushing ideology over economics.
and don't even get me started on Peter Navarro, he was once a very strong thinker with solid ideas, but fame and ego have turned Peter into a ranting fool . guy writes a great book and suddenly only hears his own voice.
What does that have to do with the massive trade deficit?
Sounds like it is you, that blows a lot of smoke, without a clue.
Last edited by CaseyB; 01-29-2017 at 12:16 PM..
Reason: inappropriate
NOpe lots of folk. my dear boy , lots and lots of economists all agree trump's tariff would cost us many many billions of dollars and many millions of jobs.
but go ahead and live in denial , pretend a tariff war is a good thing and that trade and jobs don't matter anymore now that Trump is trying to turn the USA into crap version of china.
Well, they can quit/be let off the shipping dock yards and they can go right into work in the factories. The teamsters and independents truckers will just be rerouted.
China does in fact have the leverage. TPP was a plan to offset it. TPP was intended to create a US facing trade group that offers the stability of US law and access to our market place. We know the US will be surpassed in terms of volume, but we also know the USA is one of the safest markets where the rule of law ensures all parties have access to recourse.
Trump killed the deal dead. Some of the remaining nations have already made it clear that they are looking to china now. Furthermore the tone, the adversarial approach Mr trump has taken, flies in the face of our most attractive offer; Stability and trust.
OBOR, goes much further the TPP agreement, it builds massive infrastructure along with trade agreements, it is long term plan to open new markets to China. And it is only ONE aspect of china's plan to be the center of global commerce.
China fully understands the importance of its public image in the developing world. One has only google the massive "gifting" of everything from Bridges and ports to stadiums and highways. Meanwhile our president is busy telling the world that it is "America first" sending a big middle finger to nations who now have a choice. Today China is doing exactly what we did 60-30 years ago. They are the country winning hearts and minds. Who does not like a free bridge in a city with only two bridges. Who does not want the gift of a new port to welcome visitors with pockets full of gold?
I say Trump does not know what he is doing by retreating behind walls, killing a 12 nation trade deal, publicly challenging the "one China " policy. starting a twitter war with Mexico. and banning people from countries that never produced a single terrorist attack on our shores., while ignoring the many countries that have...
maybe you think we will wrangle a bastardized TPP from the ashes, but I think trump sending the world a big fat duck you in his first week will make a lasting impression and not one that we want. I believe Trump is a rank amateur that has surrounded himself ideologues that are more interested in doing things "their" way than doing things that benefit our nation . Sure with luck they might get some things right, but the cost may be very high indeed. I surely hope you have a strong cash position because this ride is going to be very choppy indeed.
Agree with most or all here, especially the bold. Let's face it, China 'won' the Cold War.
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