The Donald Wants to Impose 45% Tariffs on Trad

April 17, 2016 at 11:51 pm Leave a comment

So the Donald thinks it is good idea for us to make 45% tariffs with China.  Reuters reports

“Chinese Finance Minister Lou Jiwei criticized Republican presidential front-runner Donald Trump, calling him “an irrational type” due to the candidate’s 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.”

He acknowledged that rhetoric in a U.S. presidential campaign can become heated”

45% tarriffs is that exactly the type of speech that would inflame military conflicts.  Never mind the issues in the South China sea which might significant issue. Or TPP which is another thing.  But this is open ticket for a hot war with the Chinese.   A hot war that we do not need, do not want, or more money going to defense contractors so they continue to justify their existence in a world that is requires more global cooperation than ever.

If a Donald takes a foreign relations class or a macroeconmic class, the Donald would get a F period.

 

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