Trump Started Trade War Because He Was Angry

[ebacon]

Donald Trump advocated for US import tariffs before he ran for public office. I would like to post a fresh link to the interview but now it is buried in search noise on YouTube. An old PC post of mine has a link for the genuinely curious.

IMO trade tariffs have utility. They can nudge nations to use their resources efficiently before they go shopping outside for more.

[Dondilion]

Originally Posted by ebacon

Donald Trump advocated for US import tariffs before he ran for public office. I would like to post a fresh link to the interview but now it is buried in search noise on YouTube. An old PC post of mine has a link for the genuinely curious.

IMO trade tariffs have utility. They can nudge nations to use their resources efficiently before they go shopping outside for more.

The Chinese have outsmarted the West which initially underestimated them.

In about three decades a massive transfer of Science and Technology from the West has taken place. The West especially US apparently did not expect that and was surprised by the rapidity of the transfer.

Now the Chinese are building infrastructures all over the world to facilitate trade favorable to them. It is called One Belt, One Road (OBOR).

They are using the Chinese diaspora in this project. Said diaspora is sometimes used to disguise somewhat the source of Chinese goods. The Chinese have been on a buying spree of and investment in important Western companies.

Additionally they have invested heavily in STEM education both at home and abroad.

We awoke late to the broad scope of Chinese trade moves.

Trump tariffs are symbols to give his base something. But the Chinese are too far ahead in the game they can placate us with some moves. e.g buying more of our semi conductors.

One Belt, One Road Initiative.

https://en.wikipedia.org/wiki/One_Be...oad_Initiative

[ebacon]

Originally Posted by Dondilion

The Chinese have outsmarted the West which initially underestimated them.

In about three decades a massive transfer of Science and Technology from the West has taken place. The West especially US apparently did not expect that and was surprised by the rapidity of the transfer.

Now the Chinese are building infrastructures all over the world to facilitate trade favorable to them. It is called One Belt, One Road (OBOR).

They are using the Chinese diaspora in this project. Said diaspora is sometimes used to disguise somewhat the source of Chinese goods. The Chinese have been on a buying spree of and investment in important Western companies.

Additionally they have invested heavily in STEM education both at home and abroad.

We awoke late to the broad scope of Chinese trade moves.

Trump tariffs are symbols to give his base something. But the Chinese are too far ahead in the game they can placate us with some moves. e.g buying more of our semi conductors.

One Belt, One Road Initiative.

https://en.wikipedia.org/wiki/One_Be...oad_Initiative

You make sense to me. When I think about the rate problem between improvement and regret my mind cannot improve on Ayn Rand's writing in "Anthem". That book draws a contrast between sweeping vs. leaf blowing, and daylight vs. artificial light, that is worth putting to action by hand instead of by wallet.