Slaying the Red Dragon might incur some costs, but who should be blamed for this cost? Trump is solving the problem. But Obama, Bush, Clinton, Bush, Carter, Nixon, ... Truman created the problem! — they fed the Red Dragon to the monstrous size we see today!
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This is not a surprise.
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Wrong again! Money circulates around the world and this article is more propaganda than fact. Free trade idiots killed US industry and middle class with their economic experiment.
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I believe that someone here is obviously going to have to feel the pinch. But we have more stuff coming in than going out, its going to hurt them more.
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This is bad very bad. I played enough video games to know. A healthy country needs to import as well as export. You play a country sim game without this and wonder how far. You will go. Farmers in America food just doesnt go to America. It goes world wide.
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In the worst scenario of trade war, the U. S. A. GDP might get down a little bit (I even doubt that), but Chinese dictators have the risk of domestic revolution, in which ALL their families will be hung along the roads, & Chinese people will be liberated from tyranny. Worth a try
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USA should 1 confiscate all western national debts, public equities, real estates, etc., owned by Chinese government, dictators & oligarchs; 2 kick CN out of SWIFT system, 3 block China from Internet, 4 ban Chinese tech students, 5 change the regime in Beijing.
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China’s dialogues, negotiations, talks are just tricks to buy more time with empty promises. USA has been cheated 1 thousand times. It doesn’t need to be cheated 1 more time to know the truth. The 2nd best date to have trade war with China is today, the 1st best is yesterday!
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So how does expert economist Greg Ip suggest US close whopping trade deficits???
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surprise winner you mean
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No duh
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What’s ‘counterintuitive’ about pain spread broadly? The global economy is not zero sum.
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