Richard Quest goes inside the trade war room to show you the strategies each side will use during a fight over trade and tariffs. source
At last the cowboy comes out with all his guns blasting. Keep it up Trump. As your name says you will Trump them.
THIS WAS GOOD TO UNDERSTAND TY
He's probably looking out to make money for himself
Yes he may shout and yes he's from cnn and some people don't like his accent but he is telling the truth ! It will only end one way and that's bad for America ! !
as if he was talking to a 10 year old… Germans and Chinese need to get off of their surpluses… behind closed doors both countries have been under MASSIVE criticism for many years now.. huge (hundreds of billions) trade surpluses are simply not part of free trade, and are unsustainable for the world long term…
even for the country that owns the world currency, a trillion$ deficit is unsustainable, and both China and Germany have only achieved their surplus position via currency manipulation, the Chines because bound the Yuan to the dollar, and the Germans because their currency is bound to the rest of Europe through the Euro, so they don't properly overvalue as they should…
What Trump is doing is economically insignificant, mostly rhetoric, but his claim, that the US is being screwed by its trade "partners" is correct…
but what he should be doing is devalue the $,.. that would crumble their trade deficit with Europe much smoother and without retaliations, or criticism of him… the China thing is where he's totally full of it.. the Chinese have seen reason in 2009, and have done massive work to switch from export to their own single market… so that problem is gonna take care of itself the next 10-20 years..
This guy is an idiot……..
Fuck you I don’t like the way you speak
Fake American News……..Shithole Country
why does he yell a lot? he's not even italian? is it to appeal to angry conservotards?
So the U.S. citizenry will now be able to ride Harley Davidson Motorcycles to their job at Apple computer ( with casual dress code), work at a higher nominal U.S. Dollar wage than their current job at Walmart, have gluten free pizza for lunch, then after their shift is done, ride their Harley motorcycles home, drink a shot of Jack Danial's whiskey and go to bed with a better income statement that now thanks to a fancy new "Trade War". Wow, this sounds great. There has to be an unforeseen catch somewhere.
Another CNN arsehole.
Trump is putting on a show to look good to the blue collar workers in the rust belt who are having doubts about voting for him again in 2 years…..chances are it might not go to far, he will give the impresion that he tried to stand up to wall street, but failed
That 500 billions trade deficit is a lie created to start a trade war.It counts in full price of iPhone shipped in from China. Actually US company tooks most profit and China only earn 25$ a piece.
The deficit did not counts in billions of dollar US ompanies made from franches such as Macdonals, Starbucks. Profits from US supermarkets and movies and Disney lands.
We cant lose a " trade war" if we create a trade surplus exceeding no more than 10 billion per year on china it would cripple their economy. They would pay an arm and a leg to our famers because they have a billion plus mouths to feed
Better for us to launch nuclear weapons.
Every war are good for the warring barbarian American, United snake are the most powerful nation in the world that is why war are good they creat tensions ,terrorists ,threat and propaganda lies instigateing disharmony and hatred among neighbouring countries supplying weapons to both sides and cheering them on
how about dumping the dollar !!!!! that will destroy the US economy
He is wrong
Trade war slinging TVs and Cars at each other. On a serious note Trump has the balls to protect its most valuable asset, the American Worker, without the American Worker America is nothing. Put them all out of work and see what happens to America and its economy. You are all wrong, get back to basics you morons.
So basically the EU has nothing on the U.S. You fucking retards our economy has already been stripped. The U.S. won this 1 hands down.
And Indonesia too will join the rest of the world in the trade war with USA.
CONTRIES no longer follow Us lies and manipulations. Devide and Conquer and same policy as British Empire. World War 1 was Started by British Empires because Germany was building Bagdad road and Russia was building TransSiberian road. Both treatuend British sea routes.Now crap about N.Korea just to devide Japan and China and Korea trade.And Ukraine to devide Germany and Russia from one another (as Brits did for 300 years).That's increasingly no longer possible.
Uncompetitive Us industry and Ego struck Power hungry Politicians who see USA as new Roman Empire. The world had enough
If the bad news bears in Asia ….really really want to. We, can end globalisim and free trade ….Tommorow. don't mean anything to us. We, can easily make that garbage here. With robotics …computers….And artificial intelligence. We can program machines. To, make 1000s of sweaters and sneakers for pennies. So let's go. Lloll…..
What about the panama canal
Lets go to war
A brave and intelligent move for the Americans to do this.. it has been a very long period of time American tradings around the world has been unfairly done..now it's pay back time !
The USA has all the resources it needs to sustain itself and its population. They can make whatever they need in their country.
You are completely wrong about this. Throw away those props. Trump is targeting Germany and China. They cant fight. Their economies are totally dependent on exports to the US, while the US is not – Harleys and Jim Bean cannot compare to BMW, Simens and Mercedes. They will have to agree to Trumps terms. No Leftist media, the sky is not falling and Trump will win this again.
This is total hogwash fake news
This dude needs to clear his throat
FYI, Mexico is the #1 client of American steel. China is alredy banned from steel market in the world but Canada is one of biggest exporter of steel to US. If Trump rise tariffs to Canada and Mexico, Why not both countries do the same to US? Mexico could hit American trade balance and get some good-quality canadian steel.
No worries. This dumbass president is only lodging a war of mouth. The United States and its president is quite pathetic as it can’t do anything such as North Korea nuclear ICBMs.
Why is he speaking so agressivly?
Trump is crazy…. that is clear…the USa will loose any trade war… the USa needs to sell stuff…never insult your customers …
If the government says you don’t need a gun you need a gun.
Trump is right on this one, usa has been getting raped for years
Its gonna set events in motion more destructive than most people alive today have ever seen. The last full scale tradewar resulted in famine and misery.
As much as I dislike Trump on his rhetoric against Mexicans, I agree with him on this. A trade war was declared on the US first, not the other way around.
This trade war will destroy americas economy. If the US cant export than american companies will lose a lot of money. We are talking about a trade war with China,EU,Canada,South Korea, etc. We can not have a completly isolated economy this will destroy our economy.
The rest of the world could say it doesn't want to trade in dolar…
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