Trump's Entire Stance On China Confuses Me: What Are His Intentions And How Do They Affect Me?

Submitted by: lalapancakes 10 months ago in News & Politics


If there’s one thing I can agree with Trump on, it’s China’s negative influence on America's economy. I’m just not sure he's going about the whole re-evaluation of the two country's international agreement the right way. And I'm not really sure at what capacity Trump is willing to reach for, with respect to him getting fat off of real estate financially tied to debts to China.

Trump's entire stance on China confuses me. Shady real estate deals seem to be the one thing he has in common with them. Sure, the Chinese government spent a long time undermining U.S. imports and exports by matching the currency values, making trade with them less than competitive. But you'd think Trump would be for the billions elite Chinese have dumped into owning real estate in the U.S.. Then again, maybe not. Those billions did contribute towards unreasonable cost increases of property not only in the U.S., but throughout the world.

My stance with Trump on China probably really doesn't align in the way I wished it would, as a renter effected by extreme housing inflation. I can appreciate Trump rattling their cages but, again, I suspect it’s not for the actual benefit of any American. And the way he’s going about singling China out isn’t exactly the wisest or most diplomatic move either. Sure, a lot of western nations need to reconsider how China is effecting their economies but perhaps reevaluation without being a complete dick about it might be a better pathway to take.

An excerpt from The Hill: “Trump implied Sunday he would not hesitate to push China until it works on trade and its ties with North Korea.

'I don't want China dictating to me and this was a call put into me. I didn't make the call, and it was a call, very short call saying congratulations, sir, on the victory. It was a very nice call. Short,' Trump added. And why should some other nation be able to say I can't take a call?'

Trump received criticism for accepting a call from the leader of Taiwan, which some political observers said broke from the One China policy that refuses to acknowledge Taiwan as a sovereign nation.”

There are 19 comments:
Male 3,332
The first thing you have to realize about the US/China relationship is that they have us by the balls.  They hold a considerable amount of our debt (no, I don't have numbers on that), and we certainly can't survive without our "Made in China" stuff.  If China got pissed of at us, and decided to stop all exports to the US, we'd be screwed, and they know it.  If China decided to cash in on their debt, we'd be screwed, and they know it.
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Male 1,249
I also wonder who owns their debt. One of our allies?
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Male 1,071
No, if we get pissed and stop all imports from China into the US, they're the ones who'll be screwed. We make up about 30% of their exports. We can just start buying all our Made in China crap from countries like India, Indonesia, Bangladesh, etc. Debt schmebt, what are they gonna do to collect it? 
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Male 316
Most of the U.S. debt is held by the U.S. It is held by the treasury, corporations, investors and citizens. Our debt is in the form of bonds. No bond holder can demand immediate repayment or otherwise leverage the debt. The only thing that can be done with the bonds that could hurt the U.S. is flood the market with them cheaply, if done with enough fast enough, billions of dollars worth at one moment, the interest rate the U.S. pays could be forced up. It would cost the entity doing billions of dollars though. Also most of the U.S. debt held by China is not held by the Chinese government but but Chinese corporations and wealth individuals, exactly the people that don't want to lose money. U.S. bonds are the safest and most stable investment in the world, so much so that the U.S. bonds have paid negative interest rates for several years, something we should have taken advantage of. If you want sources use Google or Bing or pick a different search engine this is easy to find.
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Male 4,152
From an economics viewpoint (and several others) Trump is cut from the same cloth as JFK and Reagan. Done right it should get things booming again. The very idea of it already has the stock market looking very happy and that’s a good thing.

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Male 1,742
"Every aspect of the American economy has profited from the contributions of immigrants." - JFK

"When Mexico sends its people, they’re not sending their best. They’re not sending you. They’re not sending you. They’re sending people that have lots of problems, and they’re bringing those problems with us. They’re bringing drugs. They’re bringing crime. They’re rapists. And some, I assume, are good people." - Trump

Yeah, I'd say the're exactly the same.
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Female 4,427
looking at the context of both, one is clearly talking about legal immigrants, and the other is talking about ILLEGAL ones.
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Male 1,742
Trump wasn't talking about Mexican illegal immigrants. He was talking about "Mexico send[ing] its people." Read the full context of his speech here. He talked about Chinese people, and Japanese people, and Mexican people. NEVER did he talk about illegal immigrants. https://www.washingtonpost.com/news/post-politics/wp/2015/06/16/full-text-donald-trump-announces-a-presidential-bid/?utm_term=.9f134849b020
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Male 40,752
So bliznik, you deny that the Drug Cartels are deliberately sending bad people over the border? 
So you deny that a massively disproportionate % of illegals commit crimes, other than being there illegally of course, during their stay in the USA?
You deny that Trump was specifically talking about talking about the 'big picture' and not in any way about specific individuals, or even the 'average' illegal person?
Then you are... in denial.
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Male 1,742
ALL criminal organizations deliberately send people over the border. A majority of Mexican immigrants do not work for the Mexican Drug Cartel. The Rizzuto family deliberately sends criminals from Cananda to America to commit crimes. A majority of Canadian immigrants do not work for the Rizzuto family.

Yes, I deny that more illegals commit crimes. If you read deeper into the FOX news study that claimed that illegal immigrants commit more crimes than locals, you'll see that they included misdemeanors, and so compared illegal aliens with both midemeanors and felonies against American citizens with only felonies. Here is a study that compared BOTH. https://www.americanimmigrationcouncil.org/research/criminalization-immigration-united-states

I admit that Trump was talking about THE Mexicans...as if all Mexicans are the same. He categorized most as drug mules, criminals, rapists, and a few as good people.
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Male 4,152
I was speaking more in terms of supply-side economics than immigration and it's effect on the economy from two vastly different era's but go right ahead.
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Male 1,742
Ah, got it. 

I do think that the only reason FDR's supply side economics model worked was b/c he also taxed people making over $1 million by 77%. Reagan's supply-side economics model failed horribly because he lowered taxes while simultaneously stimulating only the richest and largest businesses. Reagan created jobs by dramatically increasing the deficit.
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Male 40,752
Reagan granted 'amnesty' to about a million illegals (not all Mexicans!) now there are 11 million illegals (not all are Mexicans!) and if this bunch gets a free pass? There will be 25 million more within a decade...
Why would they not come illegally? Doing it in a legal way takes years and costs thousands, and might not even work! 
Just skip across the border, or overstay your visa, and maybe you'll get it for free! There's literally zero consequences... under Obama anyhow. Even convicted criminals don't get deported! Just put back on America's streets...
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Male 1,742
Obama has deported more illegal immigrants than any other president. There are just more illegal immigrants coming to America than ever before. Trying to find and deport EVERY illegal immigrant would seriously add to the deficit. If you can figure out how to PAY for this, then, heck, you be president. 

I've known illegal immigrants who have been granted amnesty. Getting a job is super-difficult,as well as paying all of the fines and taxes associated with the amnesty. Their lives are NOT easy.
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Male 1,871
Bring manufacturing back to the USA and enact a heavy tarriff on any Chinese goods.  Make policy stating that theft of intellectual property is an act of war and bomb the shit out China.  Wait for the nukes to come, get a good tan and see what the remaining bacteria evolve into over the next billion or so years.  

*Problem solved*
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Male 857
1) you can't compete with 3rd world countries in labour costs for manufacturing.  Any future in manufacturing in industrialized countries is with automation - which will not bring back jobs lost in the first place.  The rust belt is forever.  Get used to it.
2) throwing heavy tariffs on Chinese goods will do nothing except raise the cost for industrialized companies that depend on Chinese made goods for assembly.
3) American companies have made billions shifting production off-shore.  Shutting that avenue down will drive the companies to simply move everything overseas, taking the high paying management jobs away, too.  Imagine New York City without the engine of the financial sector.
4) American companies have excelled in gaining an advantage by driving the unit cost of items through volume.  They need to change how they manufacture to make the unit cost lower through efficiencies other than efficiencies of scale.  The world is not going to grow continuously and expand forever.
5) The myths that regulation is killing business, are simply the millionaire's ways of saying that my profits are shrinking and complying with these nasty requirements on food labelling, environmental controls, labour standards, etc. is hard.  Screwing over your neighbour to make a profit isn't how we should be thinking.  Rolling back labour, health, environmental, and other social standards to Victorian era standards is simply looking to cash in on today's world by burning our future's world.  Robber barons shouldn't be tolerated any longer.
6) Tax spending, rather than earnings.  Countries that don't use consumptive taxes are simply way behind the curve.  It doesn't matter how you earned it, but as soon as you spend it on anything, the taxes come in.

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Male 1,871
@Punko: 


At least @Bliznik got it.

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Male 1,742
Sounds about right. WWIII here we come!
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Female 4,427
::cough cough *ahem* cough:: fuck China
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