A Quote by Peter Navarro
Donald Trump is not a protectionist. If he imposes tariffs on China or any other country that cheats, all he wants to do is defend America against unfair trade practices.
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The far more likely Trump scenario is this: Chinese leaders realize they no longer have a weak leader in the White House; China ceases its unfair trade practices. America's massive trade deficit with China comes peacefully and prosperously back into balance, and both the U.S. and Chinese economies benefit from trade.
When China got into the WTO, that allowed it to sell into any other country within the WTO - not just the United States - at the lowest tariffs that country offered. And the other countries could sell into China at the lowest tariffs that China offered. The problem, right off the bat, was that China had much higher tariffs than everywhere else, so the U.S. and Europe in particular got the short end of that stick.
Three year sof unconditional MFN have not lead to any subtantial improvement in human rights, trade and nuclear proliferation practice of the Chinese government. In addition to the trade barriers, China has marred our trade relationship wit prison labor or export and other unfair trade practices.
The policy goal is to persuade China to stop cheating. But here's what's interesting - Donald Trump intuitively understands what things should be. I did a study in 2008 where I estimated the impact of China's unfair trade practices on their competitive advantage - the so-called China Price. You know what it came out to be? Forty-three percent. Forty-three percent - very close to what his intuition said we needed in order to equalize things.
We're already in a trade war with China. The problem is we've not been fighting back. Trump, through tariffs, wants to call a truce.
Donald Trump has no design to transform America. Donald Trump doesn't think America is second-rate. Donald Trump doesn't think America's guilty. Donald Trump doesn't think America owes people things. Donald Trump doesn't think that the borders are to be wide open so that anybody who wants here can come here because we've screwed them at some time in the past.
The United States is the least protectionist country in the world but has the largest trade deficit, while other countries are highly protectionist and have huge trade surpluses. This cannot continue.
The Donald Trump trade doctrine is this. America will trade with any country, so long as that deal meets these three criterion: You increase the GDP growth rate, you decrease the trade deficit, and you strengthen the manufacturing base.
I'm supporting Donald Trump because Donald Trump is against this trade deal, this Trans Pacific Partnership, this job-killing trade deal that is going to bring cheap labor into this country.
[Donald Trump rhetoric]this is a common rhetorical line used by people who are against free trade that say, we're in favor of trade; we just don't like any of the free trade deals that America has actually signed onto.
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.
My administration is going to enforce all trade violations against any country that cheats.
Tariffs are in the end taxes. And somebody has to pay that tax. I think one thing people are forgetting is that trade disputes are two-sided. When the United States imposes tariffs on a partner like Canada, there is always a possibility that Canada will say that's not fair and retaliate. And at that point, you have to ask the question, - which U.S. industry will suffer because the Canadians retaliated against it?
China is the most protectionist country of the very large countries. They talk more about free trade than they actually practice.
The United States will not tolerate the P.R.C.'s (People's Republic of China) violations of our sovereignty and intimidation of our people, just as we have not tolerated the P.R.C.'s unfair trade practices, theft of American jobs and other egregious behavior.
I believe Donald Trump would be better for America than Barack Obama, because he understands business. Donald Trump has taken a pro- life position. He believes that we're getting shanghaied by China.
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