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Author Topic: Trump: US Considering Global Trade Embargo on NKorea  (Read 462 times)

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Online mystery-ak

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Trump: US Considering Global Trade Embargo on NKorea
« on: September 03, 2017, 07:38:28 pm »
Sunday, 03 Sep 2017 12:34 PM


U.S. President Donald Trump said on Twitter on Sunday that the United States was considering cutting trade to any country doing business with North Korea.

    The United States is considering, in addition to other options, stopping all trade with any country doing business with North Korea.
    — Donald J. Trump (@realDonaldTrump) September 3, 2017

North Korea said it had tested an advanced hydrogen bomb for a long-range missile on Sunday, setting off a manmade earthquake near the test.

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http://www.newsmax.com/Politics/trump-embargo-trade-nkorea/2017/09/03/id/811406/
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Offline Suppressed

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Re: Trump: US Considering Global Trade Embargo on NKorea
« Reply #1 on: September 03, 2017, 07:46:01 pm »
What a curious thought exercise, what would happen to the US if we cut all trade with China.
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Offline InHeavenThereIsNoBeer

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Re: Trump: US Considering Global Trade Embargo on NKorea
« Reply #2 on: September 03, 2017, 08:10:13 pm »
Quote from: Suppressed on September 03, 2017, 07:46:01 pm
What a curious thought exercise, what would happen to the US if we cut all trade with China.

Prices would rise for both sides, as our imports from and exports to China would have to travel through an intermediate country.
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Offline truth_seeker

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Re: Trump: US Considering Global Trade Embargo on NKorea
« Reply #3 on: September 03, 2017, 08:45:57 pm »

Where will Apple make overpriced products, for the rich and cool folks?

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Offline edpc

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Re: Trump: US Considering Global Trade Embargo on NKorea
« Reply #4 on: September 03, 2017, 09:01:34 pm »
Quote from: Suppressed on September 03, 2017, 07:46:01 pm
What a curious thought exercise, what would happen to the US if we cut all trade with China.

We'd just open trade deficits and enrich other Third World nations in SE Asia - likely their competitors - India and Vietnam.
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Offline NavyCanDo

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Re: Trump: US Considering Global Trade Embargo on NKorea
« Reply #5 on: September 03, 2017, 09:07:19 pm »
That would mean cutting off trade with China,  which woul kill my company Boeing.
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Re: Trump: US Considering Global Trade Embargo on NKorea
« Reply #6 on: September 03, 2017, 09:41:50 pm »
Waiting for the obligatory "More Crazy Talk from Trump's Twitter"

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Offline Suppressed

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Re: Trump: US Considering Global Trade Embargo on NKorea
« Reply #7 on: September 03, 2017, 10:33:29 pm »
Quote from: InHeavenThereIsNoBeer on September 03, 2017, 08:10:13 pm
Prices would rise for both sides, as our imports from and exports to China would have to travel through an intermediate country.

Yup.  The only effect would be to enrich some third parties.
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Re: Trump: US Considering Global Trade Embargo on NKorea
« Reply #8 on: September 03, 2017, 10:34:48 pm »
Quote from: Suppressed on September 03, 2017, 10:33:29 pm
Yup.  The only effect would be to enrich some third parties.

What parties might those be commissar Suppressed?
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