Post by unlawflcombatnt on Feb 4, 2016 23:42:28 GMT -6
If Donald Trump has any positives, his biggest is his Tariff proposals--especially regarding China.
Trump has spoken out against our trade deficit with China, which was $315 billion in 2014, according to the New York Times "fact check"
from the New York Times
www.nytimes.com/politics/first-draft/2016/01/07/donald-trump-says-he-favors-big-tariffs-on-chinese-exports/
"Donald J. Trump said he would favor a 45% tariff on Chinese exports to the United States, proposing the idea during a wide-ranging meeting with members of the editorial board of The New York Times....
In addressing the trade imbalance with China, Mr. Trump addressed an issue that has been a focus of his speeches going back to 2011, when he considered running for president when President Obama was seeking re-election. In the editorial board meeting, which was held Tuesday, Mr. Trump said that the relationship with China needs to be restructured.
“The only power that we have with China,” Mr. Trump said, “is massive trade.”
“I would tax China on products coming in,” Mr. Trump said. “I would do a tariff, yes — and they do it to us.”....
“I would do a tax. and the tax, let me tell you what the tax should be … the tax should be 45 percent,” Mr. Trump said.
China is on a path this year to surpass Canada as the biggest single trading partner of the United States...
In early November, Mr. Trump released a little-noticed plan about changing the United States economic dynamic with China. The tariff number was not featured in the plan, but Mr. Trump called for, among other proposals, pressing to give “American workers a level playing field” to restore the manufacturing base."
Trump has spoken out against our trade deficit with China, which was $315 billion in 2014, according to the New York Times "fact check"
from the New York Times
www.nytimes.com/politics/first-draft/2016/01/07/donald-trump-says-he-favors-big-tariffs-on-chinese-exports/
"Donald J. Trump said he would favor a 45% tariff on Chinese exports to the United States, proposing the idea during a wide-ranging meeting with members of the editorial board of The New York Times....
In addressing the trade imbalance with China, Mr. Trump addressed an issue that has been a focus of his speeches going back to 2011, when he considered running for president when President Obama was seeking re-election. In the editorial board meeting, which was held Tuesday, Mr. Trump said that the relationship with China needs to be restructured.
“The only power that we have with China,” Mr. Trump said, “is massive trade.”
“I would tax China on products coming in,” Mr. Trump said. “I would do a tariff, yes — and they do it to us.”....
“I would do a tax. and the tax, let me tell you what the tax should be … the tax should be 45 percent,” Mr. Trump said.
China is on a path this year to surpass Canada as the biggest single trading partner of the United States...
In early November, Mr. Trump released a little-noticed plan about changing the United States economic dynamic with China. The tariff number was not featured in the plan, but Mr. Trump called for, among other proposals, pressing to give “American workers a level playing field” to restore the manufacturing base."