11 ms·
I don't understand the hate Trump gets for doing what needs to be done. All these issues esp. theft of intellectual property, IP transfer, currency manipulation
by verroq 7y ago
I don't understand the hate Trump gets for doing what needs to be done. All these issues esp. theft of intellectual property, IP transfer, currency manipulation are much more important in the long term than some tarrifs.
One shitpost tweet crashed SZSC by 7%, most of China couldn't even read it. Trump is in a position of power at least with this negotiation.
China deserves the pain train for backpedalling.
- whytaka 7y agoThis is the one thing where I find myself supporting the policies of the Trump administration.
- yumraj 7y agoI have to agree. And, while I will hate myself for this, but after Biden's statement that China is not a competition, who I will end up voting for in the next election is no longer given.
- ok_coo 7y agoYep, one of the hardest and most important things in life is the ability to agree/compromise with people you have fundamental issues with. This is one of those cases and his tweet is correct, they can just wait this out until the next election after someone new gets in and we do a 180.
- dsfyu404ed 7y agoThey might be waiting until 2025. That's a long time to wait.
- CharlesColeman 7y ago> This is one of those cases and his tweet is correct, they can just wait this out until the next election after someone new gets in and we do a 180. No. Chuck Schumer, one of Trump's major political rivals tweeted this in response his tweet on tariffs: > Hang tough on China, President @realDonaldTrump. Don’t back down. > Strength is the only way to win with China. https://twitter.com/SenSchumer/status/1125143336837206016 https://twitter.com/SenSchumer/status/1125143336837206016 The US isn't going to do a 180 until a pro-business Republican or a Libertarian sits in the Oval Office, and its unlikely that will happen next cycle unless Trump dies or is impeached.
- youarewrongstfu 7y agoWhat policies? You, and everyone else, need to understand that Trump has no policies other than "BROWN BAD, MONEY GOOD, TRUMPY SHIT PANTS, TRUMPY WANT NEW DIAPER" edit The Trumptards have woken up. Poor bastards must be grumpy their brainless dementia-addled fat fuck dicklicker isn't actually a billionaire. Boo fucking hoo. Eat dicks and die. Not necessarily in that order.
- scarface74 7y agoThe trade war isn't helping anyone. It's costing US consumers, companies, farmers and the stock market. Just a quick search, I couldn't find any mainstream, usually Republican leaning economists, magazines, or newspapers that said it was a good idea.
- HillaryBriss 7y agothere are some narrow interests that favor Trump tariffs. e.g. the United Steelworkers Union: "China ... dumps its excess aluminum and steel on the world market at super-discounted prices. The United States, in conjunction with European allies and others, has repeatedly over the past decade negotiated with China to stop defying the rules it agreed to abide by when it gained entrance to the World Trade Organization in 2001. China repeatedly has said it would. And then it doesn’t." http://inthesetimes.com/working/entry/21027/union_steel_tariffs_china_labor_trump/ http://inthesetimes.com/working/entry/21027/union_steel_tari...
- youarewrongstfu 7y agoSo the steelworkers, whose income relies on American production of steel, is butthurt because someone else makes steel. Again. Still. This is not new. The steelworkers have been bitching about everyone and everything basically since Japan started making cars that weren't shit and releasing them in the US market. Adapt or die.
- jtx22 7y agoYou're well on your way to dying.
- scarface74 7y ago“Trump’s steel tariffs cost U.S. consumers $900,000 for every job created, experts say“ https://www.washingtonpost.com/business/2019/05/07/trumps-steel-tariffs-cost-us-consumers-every-job-created-experts-say/ https://www.washingtonpost.com/business/2019/05/07/trumps-st...
- baybal2 7y ago> Trump gets for doing what needs to be done. Reducing new borrowings and doing dramatic gestures to reduce debt? No, he is not doing that. US deficit shot up dramatically as giant loads of new t-bills went into circulation, and financial players got strong signal on US interest rates. To reduce the trade deficit, the first thing to do is to reduce the fiscal deficit — a thing that has little to do with trade.
- Fjolsvith 7y agoWhat would you do if you were going to perform an audit of the Federal Reserve? Lets say that the Fed has not been exactly lawful with the way they sling money. And you know it because you've put someone in charge that could take a look. So you have the justification for shutting it down. Wouldn't you max your "credit card" out if you knew you were going to be able to cut it up? Trump knows debt better than anyone on this planet. Don't let him fool you.
- martythemaniak 7y agoPerhaps you can understand it better if you ask yourself if he and his administration is actually capable of achieving anything. Did his tweetbluster and love for Kim denuclearize the Korean Peninsula? Did his wall or child caging stop immigration? Did his repeal of parts of the ACA give people "the best health coverage"? Did his Muslim travel ban stop terrorism and make America safer? Did Jared bring peace to the middle east? Did his constant slagging of NATO and the EU make America stronger? Are you starting to see a pattern?
- maxxxxx 7y agoAgreed. He likes to talk tough but he doesn’t seem interested in doing the hard work of finding a solution.
- hourislate 7y agoI don't really know what your comment has to do with the Trade dispute? What do we do about a Chinese Government that is responsible for the largest transfer of wealth in human history through theft of western IP and Technology? Do we just keep doing business as usual and ignore the unfair trade practices and forced technology transfers? Do we ignore Muslim Internment camps, slave labor, political oppression, etc? So what do you think? Should the USA capitulate, what's your plan?
- keanebean86 7y agoSome of the stuff he talks about are legitimate issues that need to be fixed. He's just so superficial with his changes that none of the problems get fixed. In some cases he just exacerbates the problem. I personally feel people dismiss these issues because trump talks about fixing them. They seem to think admitting a problem trump is talking about is real means they support trump. That's absolutely crazy. Then again Republicans did the same with Obama though. It's almost taboo to think the world should not be looked at either from a left or right perspective. Truth is what the party tells you.
- maxxxxx 7y ago“Truth is what the party tells you.” Welcome to US politics. It’s very sad that a lot of people buy into this.
- awinder 7y agotheres a lot of reasons for someone to look at both what and how trump is approaching this, and rationally come away less-than-enthused: 1. Poor execution & personnel at odds with each other leaking play-by-play details has led to a lot of market fluctuation and difficulty for the market to price in the "real world". Anyone exposed to this gets a first hand look at the monetary cost of this. 2. Real impacts of the tariffs felt by american manufacturing & farmers as well as american consumers. If trump wanted an extended trade war he should have been much more upfront with people & prepared to cushion it. You say it's "some tariffs" but this minimizes real household struggles. 3. General impacts of "losing the people". He's a highly polarizing leader; anywhere from beat street to wall street to pennsylvania ave, people who don't get along with others will find it very difficult to be trusted on any given issue even when they're right. This is a near-constant in life, some people manage to be a net-benefit with that attitude but it's usually by leaning on other crutches like being highly gifted. Trump isn't that person.
- rrggrr 7y agoThe facts say differently: GDP growing around 3%. US net exports up about $55b. Unemployment 50 year low. Minority unemployment record low. Non-farm payrolls up by about 3%. Business confidence (Fed Ind Businesses) highest in 45 years. (sources) https://www.whitehouse.gov/trump-administration-accomplishments/ https://www.whitehouse.gov/trump-administration-accomplishme... https://www.cnbc.com/2018/09/07/how-trump-has-set-economic-growth-on-fire.html https://www.cnbc.com/2018/09/07/how-trump-has-set-economic-g...
- youarewrongstfu 7y agoNone of which has anything to do with Trump's policies and, in fact, these numbers would improve if the fuckbag Republicans would all spontaneously die and leave the actual adults to their work.
- 0xDEFC0DE 7y agoDon't forget that yield curve inversion
- 7y ago
- deleted 7y ago[deleted]
- jasonlotito 7y agoI'll bite instead of just downvoting. > China deserves the pain train for backpedalling. Fine, I'll accept your premise here. Now, on the flip side: Why do I deserve "the pain train" for what's happening with China? Why should I and others I know suffer for this? > I don't understand the hate Trump gets for doing what needs to be done. Because things for me were good before, and now they are less good as a direct result of things he's doing. Trump isn't doing anything to alleviate that, and if he is, I'm not seeing the results. Finally, he serves me, so I have every right to demand results. He made lots of promises, and he's failed many of them already. So answer my questions. Especially with the context of him not saying we'd have to suffer for his failures.
- maxxxxx 7y agoI am with him on this issue but I have strong doubts about him being able to find a resolution. When I look at the North Korea situation, his health care “plan” and other issues he seems to like going in and talk tough but in the end he gets nothing done. I wouldn’t be surprised if at some point China would flatter Trump with some nice words and then Trump would declare “I love China” and forget about the whole thing.