How trade tariffs are Donald Trump helping the US stand up to a predatory China
For too long, American presidents have stood idly by while our country suffers huge losses at the hands of Beijing. Of late, China has been dumping steel and aluminium in the United States, in a deliberate effort to destroy America’s defence industrial base. As Trump has made clear, this has to stop.
This sounds like a lot, but it is really only a tiny fraction of the US$600 billion in intellectual property that the FBI estimates China steals from the US annually.
Add this theft to China’s US$500 billion-dollar trade surplus with the US, and it becomes clear that the predatory Chinese state and its operatives are making off with over a trillion dollars a year. The Chinese party-state is engineering the largest transfer of wealth in human history with one overriding goal: to replace the US as the dominant power on the planet.
China ready to defend its interests ‘at any cost’ in trade war
Trump understands that China is not just engaging in a trade war with the US, but an all-out contest for global economic dominance in the 21st century. And he is determined that America will win.
