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<blockquote data-quote="newfie" data-source="post: 4063817" data-attributes="member: 58700"><p>we not trying to destabilize China. the timing is good.</p><p></p><p>if china sells a billion dollars worth of goods to us and we sell 600 million to them as the trade imbalance shows then the impact of a trade war is proportionally greater on them then us.</p><p></p><p>couple that assessment with the fact our GDP is about three times that of china and we have leverage in a trade war now, that we would lose if we allow china to grow unchecked.</p><p></p><p>We've given this subject lip service too long because no previous president wanted to impose the hardships of a trade war.</p><p></p><p>one of two things will happen either we get a trade agreement or we all learn to live with 25 percent tariffs.</p><p>if we end up with the tariffs it actually makes American companies more competitive</p><p></p><p>market forces will adapt to either scenario , it always does.</p></blockquote><p></p>
[QUOTE="newfie, post: 4063817, member: 58700"] we not trying to destabilize China. the timing is good. if china sells a billion dollars worth of goods to us and we sell 600 million to them as the trade imbalance shows then the impact of a trade war is proportionally greater on them then us. couple that assessment with the fact our GDP is about three times that of china and we have leverage in a trade war now, that we would lose if we allow china to grow unchecked. We've given this subject lip service too long because no previous president wanted to impose the hardships of a trade war. one of two things will happen either we get a trade agreement or we all learn to live with 25 percent tariffs. if we end up with the tariffs it actually makes American companies more competitive market forces will adapt to either scenario , it always does. [/QUOTE]
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