China expert Gordon Chang praises Trump's tariffs: 'The Chinese are now doing things which smell des

[rangerrebew]

China expert Gordon Chang praises Trump's tariffs: 'The Chinese are now doing things which smell desperate'
By Sam Dorman | Fox News
 

China is in a weaker position economically because of President Trump's tariffs which the Chinese are ultimately paying for, Gordon Chang, an expert on the Asian powerhouse, said.

"President Trump has not been deterred and we saw that with this announcement of the last set of tariffs that's going to go on $300 billion worth of goods ... the markets didn't like it but nonetheless, this is something that had to be done," Chang said during Thursday's "Hemmer Time" podcast.

"I think you can say the U.S. is winning because the Chinese are now doing things which smell desperate," he added before noting how China depreciated its currency. By devaluing their currency, Chang argued, the Chinese made their products cheaper for U.S. consumers.

https://www.foxnews.com/media/gordon-chang-trump-tariffs-china

[IsailedawayfromFR]

Chang also pushed back on the idea that trade deficits weren't as big of a deal as Trump was making them out to be. He added that China was using proceeds from the trade deficit to build up their military while senior Chinese officers openly talked about killing Americans.

"We've got to understand that this is not just an economic or a trade matter -- this is a matter that involves the safety of Americans and indeed the sovereignty of the United States," Chang said.

Meanwhile, the chicken-littles are deploring they cannot shop more cheaply in Walmart due to paying more.....

[Sanguine]

Chang also pushed back on the idea that trade deficits weren't as big of a deal as Trump was making them out to be. He added that China was using proceeds from the trade deficit to build up their military while senior Chinese officers openly talked about killing Americans.

"We've got to understand that this is not just an economic or a trade matter -- this is a matter that involves the safety of Americans and indeed the sovereignty of the United States," Chang said.

Meanwhile, the chicken-littles are deploring they cannot shop more cheaply in Walmart due to paying more.....

Well said. It's incredibly short sighted to think that China doesn't plan to harm us and that we shouldn't suffer at all in trying to stop them from harming us.  Yeah, it's going to hurt some, but continuing to not do anything is going to hurt a lot worse.