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Trump Goes Full Protectionist on China While Claiming To Be a “Free-Trader”
Yesterday, Trump told The New York Times editorial board that he supports a 45 percent uniform tariff on Chinese exports:
“Donald J. Trump said he would favor a 45 percent tariff on Chinese exports to the United States, proposing the idea during a wide-ranging meeting with members of the editorial board of The New York Times. …
The only power that we have with China,” Mr. Trump said, “is massive trade.”
“I would tax China on products coming in,” Mr. Trump said. “I would do a tariff, yes — and they do it to us.”
Mr. Trump added that he’s “a free trader,” but that “it’s got to be reasonably fair.”
Unfortunately, I was too busy yesterday to share this important story, but this is a YUGE development. It WAS NOT in his actual policy statement on trade which China which I reviewed here in November. Of course a 45 percent uniform tariff on Chinese exports would have to get through 1.) the WTO in which China is a member and 2.) the Paul Ryan-Mitch McConnell-controlled US Congress, but still Trump is now openly calling for a revolutionary change to American trade policy.
Source: http://www.occidentaldissent.com/2016/01/08/trump-goes-full-protectionist-on-china-while-claiming-to-be-a-free-trader/
