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Originally Posted by dyna mo
I hear ya and tend to agree. My big concern is the fact that trump has put all those trade deals in flux at the same time. It's not just 1 product and 1 country, it's a lot of products and a lot of countries all at the same time. throw in some nukes too. does trump think he can win both denuking NK AND get trade concessions from China? that's a lofty goal.
i'm open to it. but certainly reasonably skeptical.
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I would compare it to any negotiation. You have to walk into the room ready to either walk away and do the extreme or negotiate a great deal for all involved. There is no perfect way to negotiate with cheats. There is also no good way to shore things up across to many trade partners where we have deficits without really making a lot of noise.I think that in cases like China, they have a decades long history of cheating every deal they have... so to simply say "hey, lets sit down adn talk about it" never works. WHen they think their largest trading partner is fully willing to blow things up and look elsewhere, they will be willing to talk and also more likely to avoid the same in the future. What Americans and others can never understand is that many Asian countries like Japan or China and some others only have a long term view. Generations. They are not negotiating for poll numbers in a 4 year term. So any tactics have to be severe and resulting agreements have to be binding... with the legitimate threat at least for the next 6 years of Trump just announcing on Twitter he might end it for any small test on their side as they always do.