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  Topic: Who´s Afraid Of The Big, Bad Chinese Trade Deficit?
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Who´s Afraid Of The Big, Bad Chinese Trade Deficit?
Investor’s Business Daily, by Staff

Original Article

Posted By:RockyTCB, 11/10/2017 6:58:37 AM

Trade: During President Trump´s trip to China, the U.S. scored some $250 billion in deals for such major companies as Boeing, General Electric and Qualcomm. It´s a nice haul, but Trump´s time in China would better be spent reducing barriers to trade overall. China´s commerce minister, Zhong Shan, perhaps engaging in a bit of political hyperbole, hailed the deals as "truly a miracle." Of course, we´re always happy to see an American firm win orders overseas, but not if the orders are part of a political arrangement — rather than part of the free flow of goods and capital between nations. The

      


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Reply 1 - Posted by: JansGraphix, 11/10/2017 7:38:33 AM     (No. 11447600)

I totally agree with the article. We should have more free trade. Not Bernie Sanders style trade embargos. And we desperately need to reduce the size of government to reel in our deficit. But we are apparently dealing with 2 democrat partys now. A progressive democrat light party (aka republican) and a commie democrat thugocracy.

We are fortunately cutting regulations but spending caps are off, tax reduction is a myth and we seem to be facing a form unlimited government rather than limited government at the moment.

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Reply 2 - Posted by: Javelin, 11/10/2017 11:47:24 AM     (No. 11447763)

Shhhh . . . .don´t tell the Trumpkins, those same lost souls the Democrats fooled for years. They continue to believe that we get "more jobs" by insulting people and imposing huge tariffs. They are aided in their determinedly incorrect understanding by not knowing a thing about history.
The best way to have a booming economy benefiting all is to abandon business taxes and tariffs entirely. In the end, we pay them all as consumers.

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Reply 3 - Posted by: NYbob, 11/10/2017 1:29:17 PM     (No. 11447858)

When you start off with a childish taunt, your tiny lecture about how you know ´history´ and everyone should listen to you, falls way short.

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