1. China doesn't on the largest balances of our debts, and if they dump them they do damage to themselves. They have all this money because companies like Walmart buy their shit.
2. Given there refusal to confirm to the WTO principles as a State run economy then countries have a right to counter their abuses. They need our markets more than we need them. We are not alone in this as the EU and other countries are doing similar measures against them.
3. The only way to make them stop their manipulation is playing hardball with them. Until the conduct FAIR trade.
4. In regards to their military they are building weapons to kill us off their booking economic growth. This is not in the best interest of the United States.
1. No. If China stop loaning us then where do we go?
Where do you think companies or retailers go like Walmart and hypocrite Trump in order to be competitive and poor Americans able to afford cheap products?
The US needs to borrow almost $300 billion this week
2. The result of that is catastrophic to our economy...... Meaning you and me will make our life more expensive as it is. Guarantee you 100%. I’m not sure how old or stable you are ........ but if you depend with your SS retirement as an income let say $2,500/month ( not sure the exact amount). By next year that will only worth $2,000 or less. Is that acceptable just because we have a very lousy president??
How tariffs on China could make your life more expensive
3. You only worsen that by waging a trade war.
4. Who are we to tell other countries like China, Iran etc etc etc not to build or strengthen their own military.
Are they telling us not build more aircraft carriers, fighters jets etc etc etc etc.