Comments by "" (@TheDavidlloydjones) on "U.S. 'Lost All Leverage' on Trade, Fmr. USTR Official Says" video.

  1. Buicks are made in China, and Cadillacs are largely Chinese. America's main automotive export is BMWs. Trump doesn't know this. Trump doesn't even know the questions, let alone the answers.
    20
  2. Sorry, Raymond, credibility lost is gone forever. Every American Administration for a hundred years will be paying a credibility premium in every agreement they manage to reach, simply because Trump has shown that the US cannot be trusted. In London there's a group called the 1837 committee, I think it is. I forget the exact year, but it's named for the year that Mississippi defaulted on its bonds, back before the Civil War. Today this open, voluntary, and completely happy-go-lucky committee meet every time a Mississippi bond issue comes to market. They knock off a few bottles of good red, remind each other that Mississippi is paying, and come to a consensus on how many basis points they'll tack on the new round of funnypaper. Needless to say, that few basis points, over many decades, has cost Mississippi far more than that original bond issue was worth. Trump is going to be the same thing, only gold plated.
    2
  3. Rose, In 1972, Henry Kissinger, a loudmouth braggart and bully, think Bolton but with brains, tried to boss Japan around by threatening their access to American soybeans -- at that time still more an ingredient of tofu than a fattener of pigs and chickens. I was in Japan at the time, and had drinks with my visa sponsor, a business guy and minor member of the Royal family around that time. I asked him one day how his day had gone. "Happy times," he said. "Just setting up a soybean industry in Brazil." That was 46 years ago. Trump is too stupid to know any of this history.
    2