A Quote by Donald Trump
In the trade pact you know that was recently agreed to, I said you have to talk about devaluation. Because that's been their [China] single greatest asset in terms of what they are doing to us.
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In America, we're being hurt very badly by China with devaluation, with taxing us heavy at the borders when we don't tax them, with building a massive fortress in the middle of the South China Sea, which they shouldn't be doing.
We make a product here in America and - they copy it in China and they couldn't care less about infringement or anything else. We talk about the environmentalists. You know, they all want us to make our plan so that nothing can go into the air. Do you think China's doing that? They laugh at us.
We have trade with China. We lose hundreds of billions of dollars a year on trade with China. They know how I feel. It's not going to continue like that. But if China helps us, I feel a lot differently toward trade. A lot differently toward trade.
If China is helping its domestic industries charge an artificially low price for solar panels and other environmental goods, then China is violating international trade rules that it agreed to when it became a member of the World Trade Organization.
In my movie, "Death By China," it shows Bill Clinton in 2000 promising that when China got into the World Trade Organization we would be making products here and selling them there, and life would be great. Just the opposite has happened. And here's why this has been so devastating - China went into the World Trade Organization and agreed to play by certain rules. Instead, it's violated these rules. For 15 years, it continues to illegally subsidize its exports.
It may be a blessing in disguise...Something happened a long time ago in Haiti, and people might not want to talk about it. Haitians were originally under the heel of the French. You know, Napoleon the third, or whatever. And they got together and swore a pact to the devil. They said, we will serve you if you will get us free from the French. True story. And so, the devil said, okay it's a deal. Ever since they have been cursed by one thing after the other.
China are running trade deficits with the rest of the world. If you look at the U.S. trade deficit, it's close to $800 billion trade in goods. Half of that is with China, so it's a big part of the problem. And the problem with China, as opposed to, say, Canada, is that China cheats.
We haven't had a recession for 25 years in Australia. It's partly because of our trade with China. China's been doing relatively well. So some of the tensions around a low-wage economy haven't quite happened here in the same way as they have in the United States.
Embrace what you don't know, especially in the beginning, because what you don't know can become your greatest asset. It ensures that you will absolutely be doing things different from everybody else.
It is said that I'm distant and cold. I'm just someone who's very shy. I'm not comfortable doing interviews because I have to talk about myself. To talk about yourself, you have to know yourself pretty well and I feel like there are still some shades in me that I don't know about.
During the 1999 debate over Permanent Normal Trade Relations with China President Bill Clinton said, 'In opening the economy of China, the agreement will create unprecedented opportunities for American farmers, workers and companies to compete successfully in China's market. WRONG: Our trade deficit with China has increased from $83 billion in 2001 to a record breaking $342 billion in 2014.
The Balkanization of the media means that nobody is having a single conversation with a single set of agreed-upon facts and assumptions the way you had as recently as the 90s.
Japan used to beat China routinely in wars. You know that, right? Japan used to beat China, they routinely beat China. Why are we defending? You know the pact we have with Japan is interesting. Because if somebody attacks us, Japan does not have to help.If somebody attacks Japan, we have to help Japan.
We said that a single injustice, a single crime, a single illegality, particularly if it is officially recorded, confirmed, a single wrong to humanity, a single wrong to justice and to right, particularly if it is universally, legally, nationally, commodiously accepted, that a single crime shatters and is sufficient to shatter the whole social pact, the whole social contract, that a single legal crime, a single dishonorable act will bring about the loss of ones honor, the dishonor of a whole people. It is a touch of gangrene that corrupts the entire body.
We're being taken advantage of because we have leaders who are incompetent. They don't even know. When I went out and told them you know in their trade deal they didn't even discuss the devaluation, they didn't even discuss it. At least they started discussing it, only because of me.
People talk about human intelligence as the greatest adaptation in the history of the planet. It is an amazing and marvelous thing, but in evolutionary terms, it is as likely to do us in as to help us along.
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