A Quote by Donald Trump
It's not like I'm anti-China. I just think it's ridiculous that we allow them to do what they're doing to this country, with the manipulation of the currency, that you write about and understand, and all of the other things that they do.
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You look at what China is doing to our country in terms of making our product. They're devaluing their currency, and there's nobody in our government to fight them. And we have a very good fight. And we have a winning fight. Because they're using our country as a piggy bank to rebuild China, and many other countries are doing the same thing.
Our jobs are fleeing the country. They're going to Mexico. They're going to many other countries. You look at what China is doing to our country in terms of making our product. They're devaluing their currency, and there's nobody in our government to fight them. And we have a very good fight. And we have a winning fight. Because they're using our country as a piggy bank to rebuild China, and many other countries are doing the same thing.
What there is no dispute about is whether or not China is a currency manipulator. They are a currency manipulator. They actively intervene every single day to keep the value of their currency less than it would be against the dollar than if it floated freely. We think. Even China barely disputes that.
If money is the root of all evil, then China's manipulation of its currency, the yuan, is the tap root of everything wrong with the U.S.-China trade relationship.
The really big problem with China is that there are the unfair trade practices, like currency manipulation, illegal export subsidies and the theft of intellectual property, but then there's also things that the WTO doesn't cover that it should, which is the use of sweat shops and pollution havens.
When someone like Kurt Cobain or Jack White comes out, they didn't go, "He sounds just like Muddy Waters," did they? They just said, "He's great, he sounds like him." When women come out and men write about them, they tend to write about them in a way that other men can understand, which sometimes can seem a bit patronizing.
Someone wanted me to write a profile for ESPN about the commissioner of baseball, and I said, "He's just some suit! Some Republican. No!" I mean if you want me to write about baseball, boxing or football, I'll write about those things because I watch them, I think about them a lot and I like them. But I don't want to write about Barry Bonds.
There is no difference in a country between military, economic, and political affairs. It's useful for Business Insider to divide things that way. That's useful for a college program. But a country is a country. How do you understand China's economy without China's army? If you take these all into account you're ready to explain a question like, "How come the US doesn't have a debt problem?"
To be honest, I’m more concerned with living my life than writing about my life. I feel like that’s really the main thing I know now that I didn’t know when I was younger — and that is that you have to have a life to write about one. If you’re more worried about having experiences so you can write about them, I think you’re kinda being ridiculous, and I think a lot of young people look at it like that.
And it's a necessity [for journalists] to pretend to be competent on every subject, some of which they really do not understand. They are under that necessity, I regret; I'm sorry for them. But to pretend to understand all the things you write about, and habitually to write about things you do not understand, is a very corrupting thing.
I feel, if I criticize my country, it's not because I don't like my country. I love my country. That is my patriotism. I want to make it a better place for my children, for everyone. And if we don't look at what's in front of us, and we allow things to get out of hand because of other vested interests, then as citizens are not doing a good job.
China should have a currency which is a much higher value relative to the dollar and other things. What they're doing is keeping it low, artificially low. And I mean seriously artificial. I don't just mean a little bit low. I mean major low.
We're going to stand up to China, we're going to stop their currency manipulation and product dumping, which is killing us.
I like clothes. And I think it's OK to think about clothes just so long as you also think about other things. I'm not interested in clothes to the point where they'll push other things out of my mind; I just see them as a way of expressing yourself, and a pleasure, really.
China's idea of fair trade is government subsidies of its textile and apparel exports to the United States, currency manipulation, and forgiveness of loans by its government banks.
I fully understand the One-China policy. But I don't know why we have to be bound by a One-China policy unless we make a deal with China having to do with other things, including trade.
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