Let us talk real. It is not BRAVURA.
THE Donald is talking for REAL.
The working poor of America have not had a pay raise for 40 years.
It was the cheapness of Chinese goods that in effect gave to them some $860+ to spend in necessary kitchen and house hold item by which they could sustain their standard of living.
If Donald applies tariffs for all Chinese goods, the Chinese will help in upping the price of items and erase this continuing benefit to the American working poor and middle class poor and the middle class and the upper class.
Will this be the end of the Chinese economy.
Of course China will impose countervailing tariffs to all incoming US products and all out going products to the US. This is to block all trade with the US.
Will the US, when it has no access to the world's largest trading market and when the EU has, Canada, Australia and New Zealand and also India, Africa, South America, the Caribbean nations, Russia, Japan, Taiwan Korea and ASEAN has, where will this leave the US.
With the US is blocked our of China, the rest of the world would be more than willing to take up where the US was.
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