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DonViejo

(60,536 posts) Wed Jun 20, 2018, 08:12 AM Jun 2018

White House Says China Has More to Lose In Trade War

June 20, 2018 at 5:40 am EDT By Taegan Goddard

“President Trump’s threat to impose tariffs on almost every Chinese product that comes into the United States intensified the possibility of a damaging trade war, sending stock markets tumbling on Tuesday and drawing a rebuke from retailers, tech companies and manufacturers,” the New York Times reports.

“The Trump administration remained unmoved by those concerns, with a top trade adviser, Peter Navarro, insisting that China has more to lose from a trade fight than the United States. He also declared that Mr. Trump would not allow Beijing to simply buy its way out of an economic dispute by promising to import more American goods.”

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https://politicalwire.com/2018/06/20/white-house-says-china-has-more-to-lose-in-trade-war/

4 replies

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White House Says China Has More to Lose In Trade War (Original Post) DonViejo Jun 2018 OP

WH lies Freethinker65 Jun 2018 #1

Trumps tariffs on chinese imports doesn't cost china a fucking penny, the cost is paid by beachbum bob Jun 2018 #2

White House full of shit! Navarro full of shit! We simply cannot replace... TreasonousBastard Jun 2018 #3

Sure, because everything in China was made in the USA....not. sinkingfeeling Jun 2018 #4

Freethinker65

(10,117 posts)

1. WH lies

Reply to DonViejo (Original post)

Wed Jun 20, 2018, 08:15 AM

Jun 2018

beachbum bob

(10,437 posts)

2. Trumps tariffs on chinese imports doesn't cost china a fucking penny, the cost is paid by

Reply to DonViejo (Original post)

Wed Jun 20, 2018, 08:19 AM

Jun 2018

US manuf, retailers and in the end the american consumer as China is the sole producer of almost all we buy and no other markets exist to US to buy from (takes years to set up production)....Chinese tariffs on US imports to China, makes US products more expensive and China can easily find other countroes to buy from, cheaper.

US Loses on both ends

TreasonousBastard

(43,049 posts)

3. White House full of shit! Navarro full of shit! We simply cannot replace...

Reply to DonViejo (Original post)

Wed Jun 20, 2018, 08:20 AM

Jun 2018

the bazillion things we now import from China. We do not have the infrastructure or the workers.

The TPP was supposed to have helped control China's economic power, but asshole-in-chief killed that.

And, if China finds a way to dump all those treasuries it holds, we are fucked beyond belief.

sinkingfeeling

(51,499 posts)

4. Sure, because everything in China was made in the USA....not.

Reply to DonViejo (Original post)

Wed Jun 20, 2018, 08:41 AM

Jun 2018

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