I don't have a problem with the idea of balancing trade with other countries, including China. But, to conduct trade negotiations this way is not appropriate or PRODUCTIVE.
The USA has not had active trade negotiations since Nixon. The USA Pre-NAFTA sought trade through negotiations. It is the way it should be. Wall Street came along and put plenty of money in the palms of US politicians and all of a sudden there were huge CONTRACTS that treated countries homogenously. It is crazy, it hurts Americans (the best workforce on the planet) and it contributes to the national debt. The USA loses income to the US Treasury every day when Americans are underpaid.
The USA needs to be a leader, step away from Wall Street and conduct trade negotiations that stabilize the US economy and returns the American Dream. Shouting across the internet is not the way it is done. When Nixon went to China it opened paths, not "Windows."
April 6, 2018
China warned on Friday (click here) it would fight back "at any cost" with fresh trade measures if the United States continues on its path of protectionism, hours after President Donald Trump threatened to slap an additional $100 billion in tariffs on Chinese goods.
In light of China's "unfair retaliation" against earlier U.S. trade actions, Trump upped the ante on Thursday by ordering U.S. officials to identify extra tariffs, escalating a high stakes tit-for-tat confrontation with potentially damaging consequences for the world's two biggest economies.
On Wednesday, China unveiled a list of 106 U.S. goods — from soybeans and whiskey to frozen beef and aircraft — targeted for tariffs, in a swift retaliatory move only hours after the Trump administration proposed duties on some 1,300 Chinese industrial, technology, transport and medical products....
