Forbes: Everyone is a loser if there’s a trade war
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Forbes Media Chairman Steve Forbes on the economic crisis in Venezuela and the impact a trade war could have on the U.S. and global economies.
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Forbes is all talk no action. So if there are things in place to enforce china to behave, why aren't they doing it?
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good job lame stream media trying to twist what Trump is saying he wants fair trade not trade where Americans get poorer by the day
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These people or dumb, America never need China and now they keep talking about China. Stupid people don't understand how nasty Chinese are. If they know the actual Made in USA product is cheaper than a China made product! I bet no one would want a product from China anymore!
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Trump will break china
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They are NOT being very honest when they talk about trade. They seem to imply that if there were a tariff, that the people in this country would be forced to pay for it, and that is not necessarily the case. If you have a choice between buying a low quality Chinese product, that has a higher cost from a tariff, or buying a much higher quality US made product for a normal price, I think it is a no brainer which product most people are going to buy. Companies that import products, would have a loss of sales if they continue outsourcing, while US companies that make their products here will not. Which means, companies would quickly come flocking back to the US to avoid the tariff and loss of sales associated with it. DUH. People are not forced to buy a product with a tariff, nor are companies forced to stay overseas. That is the WHOLE POINT of a tariff. He isnt proposing it for kicks or just as a means to give China a hard time. He is also ONLY proposing it for US COMPANIES OUTSOURCING OUTSIDE THE US. They will likely come back anyhow, due to the lower corporate tax rate, so this will probably not even go that far, but it if does, it is not quite the way they are trying to paint it. The only ones that lose, are people like Steve there, that are willing to outsource for higher profits, at the expense of the rest of the country and of course the countries that are ripping us off. Everyone else wins.
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Trump knows what's up
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Nobody mentioned trade wars, but the slanted media. Trump mentioned fair trade, where the U.S.A. doesn't take it on the chin, when concerning free trade. NAFTA eliminated tariffs, paid by Canada and Mexico.
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Not close, It IS collapse! not closer, It IS in total collapse. They burned a man alive in the street yesterday. I would say the rule of law has certainly broke down.
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Venezuela is a preview of what this country will soon look like under socialism so get a good fucking look Bernie supporters. This is your future if your candidate wins or Hillary for that matter. Either will run this country right into the dirt and not bat an eye! Don't know why I bothered writing this as Google+ is ghost banning me again.Don't know if anyone will see it.
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Well we the last of the middle class are tired of shouldering most of the losses while the top tier socialize their losses, so no Steve not "everyone" loses. We are just tired of being the major losers while you folks get to skate.
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We are already at the bottom, how much farther can we go! There are people that need jobs, Not that any of you ivory tower elite snobs would give a shit. You elites have run the country into the ground, and we the people are the ones suffering for it. The only problem with a trade is that the elites are going to lose out, the rich will be hurt, as there is nothing they can do to the average you person anymore you have already trashed our lives.
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Steve would make less on his billion dollar portfolio.
Forget this guy. -
We can buy from other people than China. They need us more than we need them,.
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When negotiating you need leverage, if necessary you must be willing to use it as a threat, and if they think you are bluffing, you must follow through. If China think you are not insane, they will not take you seriously.
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We better go to depression for a little while now recover our economy than in future country get bankcrupt.
Go Trump 🇺🇸
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