Does the media have you concerned and confused about a trade war? Does there one sided approach scare you? What they will not tell you is that China can’t win. China needs us way more than we need them and China’s economy can’t handle a trade war. President Trump is right about China stealing our trade secrets and treating us as a second class nation in trade. They have been taking our worth for years. No President has stood up to them until Donald Trump. He is doing this to make America Great Again and the facts are on his side. Yes we will experience some short term purchasing discomfort, but the future view looks like we will win again. Unless you are tired of winning.
The facts are clear and simple:
The U.S. goods and services trade deficit with China was $309.6 billion in 2016. China is currently our largest goods trading partner with $578.6 billion in total (two way) goods trade during 2016. Goods exports totaled $115.8 billion; goods imports totaled $462.8 billion.
We spend $462.8 billion on China’s exports and they spend only $115.8 billion on our goods. China cannot compete for long in a trade way as they stand to lose $309.6 billion.
Ignore the main stream media, the democrat stooge economists, and the democrat and a few republican politicians who don’t want to make America Great Again. Stand fast and reap the benefits of better prices from China and more goods sold in China by companies employing and needing more U.S. workers.