Trump orders $50B in tariffs on Chinese imports

Discussion in 'Politics' started by shockedcanadian, Mar 22, 2018.

  1. shockedcanadian
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    shockedcanadian Platinum Member

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    Excellent work and he said more is coming. He even accurately took a shot at the WTO, something I have said for some time, "they are operating to hurt America". Also intellectual property, which China regularly steals.

    The global abuses will not happen if Trump has his say. Some have said they feel comfortable with Trump as long as Stephen Miller is on his team, I have said I have faith in Trump as long as Wilbur Ross is on his team. He's a sharp man, like Mattis, you won't get much bs through him.

    A telling sign. Lighthizer also spoke at the announcement, this is a big deal as he is heading the NAFTA negotiation. This also speaks to IP, which Canada has allowed China to get away with through Canada, thanks to the self serving, docile RCMP and CSIS.

    Here is what is politically so powerful about this. The Democrats are being forced to supprt America First. We saw it in PA, we will see it going forward. How are you going to tell the voters "we are going to take off tariffs, and help prop up China again, at the expense of your jobs and economy". They can't. This is why CNN and other hate it. The only people who love China's success is Wallstreet, they don't care about the fact that it is a massive National Security threat to have China rise on Americas shoulders.

    https://nypost.com/2018/03/22/trump-orders-50b-in-tariffs-on-chinese-imports/

    The Trump administration on Thursday took the first steps to slap China with up to $60 billion in tariffs on imports and to restrict investments in the US by the world’s second largest economy.

    The president instructed US Trade Representative Bob Lighthizer to assemble a package of new Chinese tariffs and direct Treasury Secretary Steven Mnuchin to do the same for a plan to restrict Chinese investments on US technology and properties, administration officials said.

    Trump, in announcing the actions, said foreign leaders are laughing at the US over the trade advantages they enjoy over America.

    “I will say the people we’re negotiating with, smilingly, they really agree with us. I really believe they cannot believe they’ve gotten away with this for so long,” the president said.

    “ I’ll talk to Prime Minister [Shinzo] Abe of Japan and others, great guy, friend of mine, and there will be a little smile on their face and the smile is: ‘I can’t believe we’ve been able to take advantage of the United States for so long.’ So those days are over.”

    Other administration officials hailed the move.

    “The president of the United States is standing up for American corporations. He has their back,” National Trade Council Director Peter Navarro told reporters during a briefing.
     
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    Last edited: Mar 22, 2018
  2. TomParks
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    TomParks Gold Member

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    Good its about damn time
     
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  3. usmbguest5318
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    usmbguest5318 Gold Member

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    Did he do that in the speech wherein he used his new vocabulary word, "reciprocal?"
     
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  4. TheOldSchool
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    TheOldSchool BANNED

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    Great a new massive tax on Americans that will adversely affect middle and lower classes. Tariffs are wealth destroyers.
     
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  5. tyroneweaver
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    tyroneweaver Gold Member

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    No wonder crazy/creepy joe biden wanted to fight trump
    Could cost him millions
     
  6. Hossfly
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    Hossfly ZIONUT Gold Supporting Member Supporting Member

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    Not to worry, Old Boy. You'll still get some free shit.
     
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  7. Mr Clean
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    Mr Clean Gold Member

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    Wall Mart’s not going to be happy.
     
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  8. TheOldSchool
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    TheOldSchool BANNED

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    How does it feel to suddenly morph into a liberal and support massive big gubmint intervention on trade?
     
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  9. TheOldSchool
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    TheOldSchool BANNED

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    Nobody will be
     
  10. SmokeALib
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    SmokeALib Gold Member

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    Yeah - Chinese wealth.
     
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