He didn't win at all. The bottom line is that US consumers have benefitted greatly from what's going on with China. If that apple cart is upset US consumers are not going to be happy.Ivytalk wrote:BDK FTWBDKJMU wrote: And you need to realize:
-We have a massive trade imbalance with China.
-They put tariffs on US goods.
-They manipulate their currency.
-They conduct state sanctioned economic espionage against the US on a ginourmous scale..
And past POTUSes haven’t done a damn thing about any of the above..
And this thing about a trade deficit being "bad" has got to stop. As may others have said, if I buy something from somebody I give them money and they give me what I want to buy. It's not "bad" when I go to Wal Mart and buy a cheap watch. I want a cheap watch. So I give Wal Mart $10 and Wal Mart gives me a cheap watch.
I have a trade deficit with Wal Mart. But we are both happy.