Quote:
Originally Posted by photon
Oh for sure, none of his speech was surprising at all, I think it's just more that these were the things he chose to put into his inauguration speech which the world watches just as closely as US citizens. I think everyone already knew Trump has a world view closer to the dog eat dog take what you can get of Russia and China, but to hear it put so directly really puts it into reality for everyone.
|
I don't think it was a surprise to the other nations listening in. I would expect they've already analyzed the crap out of how Trumps protectionist policies are going to harm or hurt their economy.
China right now has the most to lose. with a trade imbalance of over $350 billion dollars, I would expect that American's are going to have to break their addiction to cheap Chinese goods.
I also believe that if the American's successfully tarrif China other nations with the same issues are going to follow suit.
I think that the other area that the US is going to go after China is in terms of patent stealing. I wouldn't be surprised if Trump actively tried to ban Chinese products that are shipped to the States that incorporate stolen Patents.
I would also expect that a similar fate will hit Nafta as the trade imbalance combined is close to $85 billion dollars.
Even if the States managed to reduce the trade imbalances for Nafta and China in half that would represent nearly half of their defense budget