We might get lost in the weeds here, needless to say concerns of Washington pandering to corporations (Wall st) are indeed very valid and stretch back a long way. We might even look to how Washington is structured, funded and how legislation is brought around, because it all favors Wall St. We might even get into the intellectual property rights and yadda yadda yadda.
But that would be to miss the central component of what we are talking about, back in July 2015 TheConservativeTreeHouse was the first conservative group to fully back Trump. The central reason was his economic focus was on main st, not wall st. It was with that understanding that all economic manoeuvres and counter moves have been viewed.
It’s completely different to how Washington has operated for decades and threw a spanner into the think tanks who draw up legislation because none of them are/were geared up for a Donald Trump economic approach, it’s also the central reason why Washington hates him. Trillion are at stake.
But that is the starting point when discussing Trump and economics, I’ll link you back to the 2015 post by the CTH. If this is the first time you have heard the economic battle as Wall St vs Main St, you might like to take some to to review, because I know the MSM avoids framing the discussion in such a way. That is the starting line for any such discussion.
That is significantly less than the baseline of over 80%. They’re not concerned about Tsai because Tsai is very clear on status quo.
Who is claiming this? Don’t straw man my position. I was making a point that the phone call was pretty damn historic. It’s been decades since the two heads of states communicated directly. Come on now.
Keep your mic. You just look like a douche fool with this mic drop line lol
Don’t get so defensive it’s not very becoming. You mentioned selfies at NASA. I laughed. Between that and a phone call that is not a policy. Yes great Tsai came to the US but Trump is endangering the region with his incoherent and reckless behavior with China and N Korea. That is not good for Taiwan sorry. Real results matter more than selfies.
You are behind a few posts. Who owns many of those factories in China? Yes they move production to Taiwan and Vietnam because they have to but they are still losing money. Now here’s a novel idea. How about we don’t tax them and instead make it tax free to move! Revolutionary idea I know.
From the other angle.
Taiwanese companies in China that manufacture telecommunications devices and computers are likely to be hit hard in the escalating trade war between the United States and China, as such products are the prime targets of the U.S.’ latest wave of proposed tariffs, a leading technology research and development institute in Taiwan said Tuesday (May 14).
TPP and free trade would be great if China played fair with the rest of the world. But this is not the case. It’s absolutely BS every country allows their firms to do what China does not let foreign firms.
I agree their practices are BS. But the whole genius of free trade is to give all of our allies free trade and cut out China making them irrelevant. You really want to contain them? Don’t yell and make threats. Be smart about it. Look what they did to us in Africa. This was already an economic cold war.
Trump’s trade has made my professional life hell. Uncertainty is the killer of business. As much as I want to move everything cant do it over night, and had already been moving out before the trade war. I didn’t need a tariff to motivate me.