America, you are not permitted to protect your businesses or shift the balance of trade in your favor. The World Trade Organization deems it to be illegal. Moreover, according to China’s Finance Minister, you do not deserve to be a world power should you follow Trump’s irrational policies.
Chinese Finance Minister Lou Jiwei criticized Republican presidential front-runner Donald Trump, calling him “an irrational type” due to his proposal that tariffs on imported Chinese goods be increased to up to 45 percent.
In an interview with the Wall Street Journal published on Sunday, Lou said, “Trump is an irrational type. If he were to do this, that would be in violation of the rules set by the World Trade Organization.”
Lou said that if the United States put Trump’s proposal into effect, it “would not be entitled to its position as the world’s major power. The U.S. needs to recognize that the U.S. and China are mutually dependent on each other. Our economic cycles are intertwined.”
Intertwined. Is this what he calls ‘intertwined?’
Rubba me tenda..
toss in China’s purchase and holdings of US Treasuries and you have intertwined. They will get together with the House of Saud to bring down the US through it’s own debt if we move the goal-posts mid-game.
Any attack on the U.S. would severely disrupt the economic stability of both nations and therefore their governments. Neither government wants to invite a coup. Oh, and there are no countries that can bring down the U.S.
but the US can bring down the US through its world-wide machinations which are also self-destructive
No kidding there, Juice.
US assets outweigh debt 10 fold. This scenario you suggest is a pipe dream.
Only China is permitted to protect its businesses and shift the balance of trade in its favor and steal intellectual property without limit.
Not a fan of this kind of talk. Let’s drop a couple nukes on Beijing and see if they change their tune.
Trump is an irrational type..boy that’s crazy talk.
He’s tough, though. He just added 10 feet to the Great Wall.