Comments by "bighand69" (@bighands69) on "Trump administration prepares new tariffs for $200B in Chinese exports" video.

  1. +Max Mustermann There has to be people working in the US to buy the products with. Do you want a credit crunch 2.0 or what.
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  2. The US at one point was an economic marvel before it entered all of these trade agreements that more or less destroyed the US economy. There is no secret to the fact that US steel industry employed near to 5 million people while the Chinese Steel industry only employed 100,000 well that order has reversed. Even small economic measure will have a big impact on US economy. Today the US is getting peak trade of near to 4% with only small measures in place. If the president and the congress do the right thing the US economy could get growth of up to 7% like it did in the 1950s. China has bee dumping cheap products on the US for near to 3 decades because the trade agreement enables those goods to be artificially produced in China for low prices while the US is paying for all of it by creating enormous debt. You did not think the credit crunch was a separate issue did you. There is simply not enough productive workers in the US. Too many services and not enough physical production.
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  3. +Daniel Dacey Obama put lots and lots of regulations on US production so the US produced less. Trump came along and removed those executive orders with the stroke of a pen. And with a few months US producers increased their production. Yes it happened that quickly. Next phase will see new taxes and deregulation that will mean US companies returning from China to produce in the US and they have no options but to return. US growth of 3% will get Trump re-elected. He is now hitting 4% and will next go to 5% and then 6%. Democrats should have regrouped and started with a proper policy driven agenda instead they got suckered into the reality TV show that Trump likes to do battle in. The democrats have nobody to run against Trump. Everybody that they have is a clone of Hillary policy wise and that is not going to beat him.
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  4. Yes it will help the consumer. Because the Consumer has to have a job to buy things with. Credit card debt to buy cheap chinese products is not exactly a good consumer state to be in.
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  5. +Billion Dollar Biscuit The trade war started 40 years ago and the US has been getting its ass kicked by doing absolutely nothing. The US steel industry at one point employed about 4 million people today it is down to 200,000. The Chinese steel industry at one point employed 100,000 and today 4 million. US manufacturing has shrunk to a tenth of what it once was while China manufacturing industry has grown by nearly 50 fold. Trade agreements between the US and China have enabled US corporations to leave the US and then produce their product in China and then send them back to the US. People call what Trump has been doing a trade war when all it actually is reordering the US economy so that it can do what it once did. The US auto industry has been regulated to the point where it is not viable for cars to be produced in the US and instead have moved to Canada and Mexico while components get produced in China and sent to these plants for assembly. Your business expenses have gone up because of the deterioration of US productivity that will keep continuing unless Trump can actually change change through congress.
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  6. China has no cards to play in this. There many market is the US. The produce goods that then get shipped to the US. What could China possibly do with this. Could they put Tariffs on their own goods to stop US citizens from buying them?
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  7. Anybody who is selling products today has very few options. Either buy from China or your competitor will. There is no choice in the matter. I went looking for a frying pan one day and could not actually find one that was not produced in China.
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  8. China is built on US corporations that produce products for the US market. Lets not pretend it is something else.
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