Is Trump trying to do to China what Reagan did to USSR?

[BuckToothMoron]

Ronald Reagan effectively took out the Soviets by engaging them in an arms race which they could not economically compete in. Is Trump employing a similar strategy on China? - engaging them in a trade war in order to maintain the the US as the world economic power.

Reagan’s plan was intentional, strategic and decisive. Trump seems to shoot from the hip, flip and then flop. But will it work? His trade/currency war is causing an economic slow down across the globe. How long can he maintain the pressure, and can he stave off the recession long enough to get re-elected?

For the record- I don’t believe Trump is anything like the great RR.

 

[BuckToothMoron]

BTW- the 2/10 bond curve just inverted again.

 

[Taz]

If Trump had a brain, he'd bar all Chinese goods from entering our country. Give everyone a year to switch manufacturing...

 

[Terri4Trump]

Is Trump trying to do to China what Reagan did to USSR?

No. That would be impossible. Reagan broke the USSR's back because they were already a 3rd world country economically, if not militarily. China is not. China has a booming economy. We cannot outspend them militarily like Reagan did. The days of cold war military spending are over.

 

[bendog]

Ronald Reagan effectively took out the Soviets by engaging them in an arms race which they could not economically compete in. Is Trump employing a similar strategy on China? - engaging them in a trade war in order to maintain the the US as the world economic power.

Reagan’s plan was intentional, strategic and decisive. Trump seems to shoot from the hip, flip and then flop. But will it work? His trade/currency war is causing an economic slow down across the globe. How long can he maintain the pressure, and can he stave off the recession long enough to get re-elected?

For the record- I don’t believe Trump is anything like the great RR.

I think that's a decent analogy. Esp given that Lighthizer is the architect of Trump's strategy. The problem is, the EU did a deal on EU companies having to share less IP to enter Chinese markets, while Trump was busy insulting EU leaders.

Reagan had the UK merrily on board, France was a non-player and Germany pretty much did what it was told.

So Reagan had more or less a bilateral confrontation, while Trump is facing three-dimensional chess.

 

[Harpy Eagle]

If Trump had a brain, he'd bar all Chinese goods from entering our country. Give everyone a year to switch manufacturing...

Are you really this stupid or is it just an act for the internet?

 

[BuckToothMoron]

If Trump had a brain, he'd bar all Chinese goods from entering our country. Give everyone a year to switch manufacturing...

You mean if he had your brain he’d effectively shut down the economy.

 

[BuckToothMoron]

Ronald Reagan effectively took out the Soviets by engaging them in an arms race which they could not economically compete in. Is Trump employing a similar strategy on China? - engaging them in a trade war in order to maintain the the US as the world economic power.

Reagan’s plan was intentional, strategic and decisive. Trump seems to shoot from the hip, flip and then flop. But will it work? His trade/currency war is causing an economic slow down across the globe. How long can he maintain the pressure, and can he stave off the recession long enough to get re-elected?

For the record- I don’t believe Trump is anything like the great RR.

I think that's a decent analogy. Esp given that Lighthizer is the architect of Trump's strategy. The problem is, the EU did a deal on EU companies having to share less IP to enter Chinese markets, while Trump was busy insulting EU leaders.

Reagan had the UK merrily on board, France was a non-player and Germany pretty much did what it was told.

So Reagan had more or less a bilateral confrontation, while Trump is facing three-dimensional chess.

Those are excellent points. Reagan enjoyed the support of countries who were terrified of the USSR and were pleased to have their big brother confront the Soviet bully.

 

[BuckToothMoron]

Is Trump trying to do to China what Reagan did to USSR?

No. That would be impossible. Reagan broke the USSR's back because they were already a 3rd world country economically, if not militarily. China is not. China has a booming economy. We cannot outspend them militarily like Reagan did. The days of cold war military spending are over.

Sorry, you missed the analogy. Trump is not engaging in a military spending battle the way Reagan did. He appears to be engaging in a trade/currency war to slow the (inevitable?) growth of China to the number one economic power, and perhaps the Yuan becoming the world reserve currency.

 

[Rambunctious]

Trump is trying to do to China what should have been done years ago...but we have elected cowards prior to Trump....China is out of control....

 

[pknopp]

The problem with Trump's position is that the rest of the world is still going to engage and trade with China.

 

[martybegan]

Ronald Reagan effectively took out the Soviets by engaging them in an arms race which they could not economically compete in. Is Trump employing a similar strategy on China? - engaging them in a trade war in order to maintain the the US as the world economic power.

Reagan’s plan was intentional, strategic and decisive. Trump seems to shoot from the hip, flip and then flop. But will it work? His trade/currency war is causing an economic slow down across the globe. How long can he maintain the pressure, and can he stave off the recession long enough to get re-elected?

For the record- I don’t believe Trump is anything like the great RR.

I think that's a decent analogy. Esp given that Lighthizer is the architect of Trump's strategy. The problem is, the EU did a deal on EU companies having to share less IP to enter Chinese markets, while Trump was busy insulting EU leaders.

Reagan had the UK merrily on board, France was a non-player and Germany pretty much did what it was told.

So Reagan had more or less a bilateral confrontation, while Trump is facing three-dimensional chess.

I think the internal conditions are different, but I am not sure if that helps the Chinese leadership or hurts it.

During the waning days of the Soviet Union, The Russian population was still poor, still dealing with good shortages, but due to the liberalization of Glasnost and Perestroika they finally got to see how shafted they were. The impact of the Eastern Bloc also pulling away is something China does not have to deal with.

However, China's people are far more affluent than the Russians were, however they actually have far less political power.

Trade is the key here. The US has the goods the Chinese people want, the ones used by the Chinese leadership to placate them and make them accept their limited political power.

 

[Rambunctious]

The problem with Trump's position is that the rest of the world is still going to engage and trade with China.

Not when their products cost 30% more....

 

[pknopp]

Ronald Reagan effectively took out the Soviets by engaging them in an arms race which they could not economically compete in. Is Trump employing a similar strategy on China? - engaging them in a trade war in order to maintain the the US as the world economic power.

Reagan’s plan was intentional, strategic and decisive. Trump seems to shoot from the hip, flip and then flop. But will it work? His trade/currency war is causing an economic slow down across the globe. How long can he maintain the pressure, and can he stave off the recession long enough to get re-elected?

For the record- I don’t believe Trump is anything like the great RR.

I think that's a decent analogy. Esp given that Lighthizer is the architect of Trump's strategy. The problem is, the EU did a deal on EU companies having to share less IP to enter Chinese markets, while Trump was busy insulting EU leaders.

Reagan had the UK merrily on board, France was a non-player and Germany pretty much did what it was told.

So Reagan had more or less a bilateral confrontation, while Trump is facing three-dimensional chess.

I think the internal conditions are different, but I am not sure if that helps the Chinese leadership or hurts it.

During the waning days of the Soviet Union, The Russian population was still poor, still dealing with good shortages, but due to the liberalization of Glasnost and Perestroika they finally got to see how shafted they were. The impact of the Eastern Bloc also pulling away is something China does not have to deal with.

However, China's people are far more affluent than the Russians were, however they actually have far less political power.

Trade is the key here. The US has the goods the Chinese people want, the ones used by the Chinese leadership to placate them and make them accept their limited political power.

The only thing we have that they wanted was produce and they can get that elsewhere. They already are.

 

[pknopp]

The problem with Trump's position is that the rest of the world is still going to engage and trade with China.

Not when their products cost 30% more....

It's already happening.

 

[Taz]

If Trump had a brain, he'd bar all Chinese goods from entering our country. Give everyone a year to switch manufacturing...

You mean if he had your brain he’d effectively shut down the economy.

So charging us more for stuff from China is better? Umm... no.

 

[martybegan]

Ronald Reagan effectively took out the Soviets by engaging them in an arms race which they could not economically compete in. Is Trump employing a similar strategy on China? - engaging them in a trade war in order to maintain the the US as the world economic power.

Reagan’s plan was intentional, strategic and decisive. Trump seems to shoot from the hip, flip and then flop. But will it work? His trade/currency war is causing an economic slow down across the globe. How long can he maintain the pressure, and can he stave off the recession long enough to get re-elected?

For the record- I don’t believe Trump is anything like the great RR.

I think that's a decent analogy. Esp given that Lighthizer is the architect of Trump's strategy. The problem is, the EU did a deal on EU companies having to share less IP to enter Chinese markets, while Trump was busy insulting EU leaders.

Reagan had the UK merrily on board, France was a non-player and Germany pretty much did what it was told.

So Reagan had more or less a bilateral confrontation, while Trump is facing three-dimensional chess.

I think the internal conditions are different, but I am not sure if that helps the Chinese leadership or hurts it.

During the waning days of the Soviet Union, The Russian population was still poor, still dealing with good shortages, but due to the liberalization of Glasnost and Perestroika they finally got to see how shafted they were. The impact of the Eastern Bloc also pulling away is something China does not have to deal with.

However, China's people are far more affluent than the Russians were, however they actually have far less political power.

Trade is the key here. The US has the goods the Chinese people want, the ones used by the Chinese leadership to placate them and make them accept their limited political power.

The only thing we have that they wanted was produce and they can get that elsewhere. They already are.

So the only thing we trade with them is soybeans?

Also, they are having issues getting enough soybeans from other sources.

 

[whitehall]

President Trump isn't trying to interfere in the internal politics of China. He is just trying to get a better foreign trade deal for the U.S. after generations of cowardly U.S. politicians let China walk all over us. The strange thing is that it seems the democrats have become willing agents of China and are trying to undercut everything President Trump is trying to accomplish. It's the Maher syndrome, "what is bad for the U.S. is good for the democrat party".

 

[SmokeALib]

Trump probably doesn't have the leverage that Reagan had, being that China is holding a 20 trillion dollar debt card over us.

 

[Rambunctious]

The problem with Trump's position is that the rest of the world is still going to engage and trade with China.

Not when their products cost 30% more....

It's already happening.

You idiots crack me up....only a fraction of the tariffs are in place right now....lol