Trump says White House asked China for plan to reduce US trade deficit with country by $1 billion

Is trump a moron?

cnbc.com/2018/03/07/trump-says-white-house-asked-china-for-plan-to-reduce-us-trade-deficit-with-country-by-1-billion.html

Other urls found in this thread:

mobile.reuters.com/article/amp/idUSKBN1GH2SM?__twitter_impression=true
en.wikipedia.org/wiki/Four_Asian_Tigers
strikemag.org/bullshit-jobs/
youtube.com/watch?v=BE1FtBRZqOE
en.m.wikipedia.org/wiki/Century_of_humiliation
twitter.com/SFWRedditImages

>Is trump a moron?
Yes, and you are too for not seeing this already.

>Trumponomics

Why can't people understand that free trade is a good thing? Why?

well, that wasn't the point of my post. i was more amused by the $1 billion in the light of a $367 billion deficit with china

Does that mean they will negotiate for 399 times more?

No, I do it all the time as a father and as a manger.
>Show me a better way you can do this
>OK, that was a failure, do this instead. I mean, I gave you a choice, and you fucked it up.

Still butthurt over TPP, eh?

lol, the difference between solving a 1 billion trade deficit and a 300 billion one is systemic.

>1 billion - buy less iphones
>300 billion - move production back to the US and pay workers $1.50/hr

see the difference?

they're shipping off material wealth in exchange for fiat currency, trade imbalance isn't necessarily good for them either

you mean china? yeah

If you fucking tell them you want a plan to reduce it 400,000,000,000$ they wont say a word. If you say 1,000,000,000$ they might say do this, then you do that x100.

You fucking CTR/ShariaBlue nerd virgins have to be the most obtuse retards on the planet.

I'm not butthurt when your stupid president does not understand economics and trade.

If I buy an apple from you, that's not a fucking deficit. I gave you money in exchange for an apple, you dumb fuck. We are both better off because of the transaction.

Saying you have a "trade" deficit with someone is like thinking money is the only thing that matters when it comes to economics. It's a tool. A means to an end.

I can't eat money, nor can I use it to look up hentai.

You mouth breathers need a basic crash course in economics before you reproduce.

The number really shouldn't matter, whether it's 1 billion or 1 dollar. The fact that he's calling it a "trade deficit" in a negative light shows how this man thinks about trade.

which basically boils down to asking american consumers to buy less made in china stuff? lol, good luck

No it's not.
-t Country with no industry left

...

QUICK

TELL ME WHAT CAN AMERICA EXPORT TO CHINA

>The fact that he's calling it a "trade deficit" in a negative light shows how this man thinks about trade.

fair point

degeneracy

If it wasnt for the US and most Western nations, China would still be a backwater shit hole full of peasants.

They only got rich and wealthy because white people sent their production there.
Is it impossible for China to help the West out?
Are non whites just greedy parasites who will feed on us till our civilization collapses?

Also when the West falls, so does China.

Their economy relies on us too much as we are their biggest customers.

pic related a new wakanda

>implying most of your growth isn't in china

china's the growth engine of the world retard

>firing up trade war with China
>offer peace talks and negotiation
>ask China to come up with ideas to reduce their own deficit
>keep the target low so they actually contribute
>use their own ideas against them in the coming trade war
>they can't complain because they came up with the ideas in the first place
>by coming up with any ideas or engaging in any way they admit that there is a problem and that Trump is within his right to instigate the trade war

67D chess from the master negotiator.

Rice.

>collapse

that would be your own fault banking on a currency backed by nothing (ie. USD)

alternatively ignore Trump completely, while he makes US exports to other countries prohibitively expensive thanks to countermeasures, then swoop in and take over those markets as well. but hey, I hear Jared got all the paperwork for a sweet waterfront project in Hong Kong

except trump is someone who says how it is, and says what he means. $1 billion is probably just $1 billion

>TELL ME WHAT CAN AMERICA EXPORT TO CHINA

That's not the point, you dumb faggot.
America has evolved beyond steel and making shirts. It now exports culture and services. Even if China does not buy shit from the United States, USA sells other shit to other people. Trade is not a zero sum game.

Retard.

China has as much if not more to lose as America does.
But what's the alternative for the U.S?
Current policies aren't exactly working out for them.

Firstly you have to eat an elephant one bite at a time.
Secondly if China voluntarily reduces their own deficit by 1b that's a huge victory.

>China has as much if not more to lose as America does.

i dunno, you'd have to actually look at the math. china's export as % of GDP is 18.6%, 18.3% of which go to US, so overall 3.4% of its economy relies on US exports.

the cost to the US is more complicated, because most the imports are from american companies, so you'd have to factor in loss to the stock market as well as additional revenues lost from the inability to sell in the chinese market.

>But what's the alternative for the U.S?
the US has no good moves. china won

>voluntarily reduces their own deficit by 1b that's a huge victory.

true. they could order more boeing airplanes or something.

Well in that case they have nothing to lose.
How could that possibly be conceived to be moronic again?

who's they? US? just because they can't win doesn't mean they don't have anything to lose. it'll just accelerate their decline

if by they you mean China, they win either way. most of their economic growth is domestic driven, not export driven. a full blown trade war will just force them to redouble in investing back into their economy, which is what the gov't wants anyway.

>How could that possibly be conceived to be moronic again?
because if you're going to attempt to rebalance trade, even if you're going to lose either way, at least be serious about it

That’s assuming your competitors are producing top tier steel.
Alas, that’s not the case, now is it.
mobile.reuters.com/article/amp/idUSKBN1GH2SM?__twitter_impression=true

How is asking China for plans to reduce the deficit not serious?
Outcome A:
>China tells the U.S to fuck off, Trump says "See I tried to negotiate but they didn't want to, tariffs are the only way!"
Outcome B:
>China obliges, Trump says "Even China admits there is a huge problem with trade deficit, $1b is a good start but there's still $360 billion to go, tariffs are the only way!"

These are the kind of Win-Win moves only a master negotiator would come up with.

Degenerate music and fashion

Outcome A. Then China just watches and smiles as trump shoots himself in the foot coming up with haphazard ideas that will depress the entire american stock market for weeks as every investor keeps waiting on him what retarded shit he will come up.

Also, truly a masterstroke trying to sanction the EU and China at the same time. Might as well sanction Russia while at it. There is no way forming a literal global alliance aganist the US can backfire, right?

china has enormous trade barriers set up to protect itself. It's dumb, but that's what they do. Probably to protect the regime there.

>free trade is a good thing?
For whom?

What's the alternative? Watch as their already dying industry continues to dwindle into nothing? As a man who lives in a country with an already dead industry I can tell you I'd rather start a trade war.

>be competitive

>be lazy shits and hope you can still extort value out of other countries even as your culture, economy and nation withers away and gets replaced

>the same but hastening the process and going into the grave how awesome you are and everyone else envies you


Westcucks are in a rough awakening .

>lazy shits
>compared to Chinese slave labourers

Why would you want to compete with that? Chinese live terrible lives!
If that's what it takes to "not be lazy" than I'll take the lazy life any day.

Everyone involved, you dumb Gypsie faggot.

Your country is barely relevant because you are able to do trade across European borders. I am no fan of the EU, but this is a perk that allows your country to have electricity. You poor faggots would still be stuck in the 19th century, had it not been for trade.

What about the lower class and working class of your own country? Is it beneficial for them to have to compete with third world slave labourers?

(protip: It's not - that's why they voted Trump, that's why Trump is keeping his campaign promises)

>If that's what it takes to "not be lazy" than I'll take the lazy life any day.

You did and the chinese did not. Thats why their country has a future and yours not.

Trump needs to ban foreign investors from scooping up land in the US at ridiculous rates.

Can you buy land in China if you weren't born there?

No.

So why should we allow them to do so? It's wrong.

No one is arguing that.
But why is slave labour a good thing? Why would we want it in our own countries?
>Hungarian "intellectuals"

I know that you are retarded and won't take basic economic logic as proof, but lemme try:

At one point, we used to use horses for transportation. Now, we don't. What happened to all the people that either raised horses or were the coaches that operated buggies? Well, they retrained and got new jobs.

These things happen. At one point, England and United States were the textile powerhouses in the world. Then, free trade made them rich and then those jobs went to South Korea, Taiwan and Singapore. Those countries became rich, now those jobs are gone to India and China. Pretty soon, those jobs will be kicked over to Africa.

Are you seeing the fucking logic? Free trade makes you richer, then the poor people in your country retrain and start working for better jobs and become richer. Those jobs then make the new country, where goods can be made cheaper, richer.
So on and so forth.

en.wikipedia.org/wiki/Four_Asian_Tigers

If that money never comes back, it's a good situation. Otherwise, it's just spending more than you earn.

Remember when the Indians traded land for beads? That's us now.

So what job should these low skilled American workers begin retraining for?

How the fuck should I know? It's their fucking life and their skillset.

How is it my responsibility if you are unemployed and too dumb to retrain. You either survive or you don't.

You know how many different jobs I've had to retrain for? My old man went from an accountant, to a cabinet maker, to a taxi driver, to an accountant again to a real estate agent.

If you can't figure out how the fuck to make money, why should anyone care?

Go ahead and vote for retarded politicians that will make your economic development in the dark ages. People in other countries will marginalize you and just move on to cooperating with eachother and the only person hurt would be you.

The fact that I even have to argue this in the 21st century makes my head hurt.

Try this: grow and manufacture everything yourself and see how far you can go. Then, you don't have to trade with anyone and you can became a fucking Wakanda.

>How is it my responsibility if you are unemployed and too dumb to retrain.
DING DING DING DING DING DING DING DING DING.

Some people literally are too dumb to do much other than menial labour - but they're still people and they still vote, ignore them at your own peril.
Why shouldn't the government implement policies to protect their interests?

>Hey guys, could you fix me up with plan that will make trade worse for you?

t. the unironic leader of the US

>Why shouldn't the government implement policies to protect their interests?

Because we aren't commie faggots?

The government should do the least amount possible and just make sure that crime is low and there is little to no barrier between me and making money.

You sound like a socialist. Maybe that's your fucking problem.

This unironically.

>we asked them to come up with an answer they liked but they failed, now we do it my way

Food. America produces a massive amount of food.

> to a real estate agent

So his endgame is an artificial parasitic makework job. When everybody does this kind of thing (lawyers, managers, etc), your country doesn't generate anything, it doesn't solve any problems. Where then does the wealth come from?

strikemag.org/bullshit-jobs/

The value we produce that the poorer countries don't (yet) is SOFTWARE. This is well and good if you think every backwater hick can retrain to be a programmer (they can't).

No a socialist would be advocating for gibs for the lower class, we're advocating for ensuring they opportunity to work and better themselves.

Free trade benefits class A but it hurts class B, class B has now propelled a representative to enact policies to protect their interests.
This is how democracy works, if you don't like it perhaps you're the socialist?

Dude, you dumb mother fuckers don't understand what commie faggots you are.

If you consider real estate, the only thing they don't make anymore of, parasitic, you belong in a gulag.

Fuck off to China, you dumb fucking chink.

Also, if you think you need to be a genius to program, you are retarded. Like, honestly. I was programming java when I was 14.

You are obviously a retarded chink that thinks programmers are gods.

You ARE asking for gibs when you say the government should artificially protect your shitty manual labour job working in a coal mine or whatever the fuck you retards think is good.

Free trade is the reason millions were lifted out of poverty in the Asian Tiger countries and now India and China. You morons are trying to strangle the human spirit of invention and competition by getting the government involved.

You niggers are worse than SJWs, cuz at least they know they are commies.

Pic related, it's you faggots.

software

>caring about the trade deficit
We have more things to worry about, like debt

Corporations and when you do something wrong we make your economy scream.

Above my pay grade, however I’m having a fuckin hell of a ride watching it all unfold. He’s done much better than critics would like to admit.

No that's not gibs, gibs is welfare, they are asking for the opportunity to work, they are asking to not be replaced by another working class.
You CANNOT replace your own working class with the working class of another peoples - it destroys your society.

But you seem to be very globalist oriented - looking out for the good of other peoples instead of your own, your society can't function like that - not yet anyway.

youtube.com/watch?v=BE1FtBRZqOE

this is happening.

Holy fuck you're retarded

When he shocks you into talking about one billion because you realize that the actual deficit is far more, he had in fact shocked you into realizing the enormity of the problem. It’s how he does.

>Why can't people understand that free trade is a good thing? Why?

Because it isn't, you imbecile. Look at your decaying society, for example.

Have the chinks pulled the ultimate Judo counter to the West by using the Jew's endless money printing scheme to absorb a debt while at the same time using this flow of printed money to buy everything the Jews and whites own out from underneath them?

t. IP stealing chink

Ahahaha holyshit you must be 16. Is that really how you think? Copy and save what you wrote and look back at it 5 years from now.

:DDDD chex mix

>a fucking leaf

This is why the US will fail, it's citizens are brain dead. TPP was actually going to reduce the trade deficit and take back some of the stolen intellectual property. Muh rednecks had different plans.

The bottleneck here (and everywhere) is niggers can only benefit from so much training. The upper limit of intelligence being below 80 IQ means that they do not advance your workforce to the next level and are a net drag on your economy due to 'gibs".

dude just stop buying their stuff lmao so simple

TPP was designed to help big pharma with marginal gains in agriculture. China would have co-opted it so they could strangle Taiwan. You don’t need more integration with China, they will just continue to rob you and break whatever rules you try to install.

>yfw they already bought all your stuff with your own debt

>t.chinaman

Nip bro that guy is a shill. No one wanted TPP in the US except elites.

...

People who don't understand why China and Russia are hostile towards the US and EU don't know their history. Russia's population is largely based around Moscow, with only a few buffer countries to protect from an easy western invasion, as has happened numerous times over the centuries. They don't have access to any warm water ports either not already controlled by western powers like the dutch, which is why they couldn't risk losing ukraine to the west which gives them access to the Mediterranean.

China has been a western bitch for basically forever. First we trade with them. Then we decide we want our silver back, so we sell them heroine (opium), wrecking their society. Then when they want to prevent us from importing drugs, we went to war with them, beat their ass and took Hong Kong. This embarrassment is still part of the national mindset in china.

en.m.wikipedia.org/wiki/Century_of_humiliation

The only time they managed to organize well enough to back against western powers was under communism and Mao, where they were then starved. It's been a shit show in China for a long time. They're like an abused dog. Same with russia. It's really no wonder they're so aggressive and untrusting. We've fucked them repeatedly for years now.

Things have been rather peaceful lately, so far he has been the least warmonger of the US presidents.

>understand that free trade is a good thing


is it free trade if I steal my neighbors car and trade it at a dealership for a different car?

If that dealership knowingly accepts a stolen vehicle, are they innocent?

If a country is able to sell goods really cheap off of essentially stolen/forced labor of its socialized citizens, is this not similar?

Compelling argument, I might borrow that next time.