Robme's policy on China - this is a good one, guys!

Started Oct 11, 2012 | Discussions thread
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vadimraskin
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Robme's policy on China - this is a good one, guys!
Oct 11, 2012



I know it was reported on Yahoo (dahh...) but still, the fact is the fact:

"Romney is pledging, on his first day in office, to designate China a currency manipulator, a step no U.S. administration has taken against any country for 18 years.

That could lead to tariffs punishing China for policies that Americans believe unfairly keep Chinese products cheap, hurting U.S. manufacturers. Tariffs could trigger a trade war with a country that is the fastest-growing market for U.S. exports. Even if they don't, the designation would instantly set back relations with Asia's emerging superpower.

The U.S. seeks Chinese cooperation on international hot spots, such as North Korea and Iran, and wants to narrow differences over handling maritime territorial disputes in East Asia."

Besides, if he does that, he will put world markets in a tailspin, hurt more American companies that depend on China for supplies and products, and (this is a real kicker) hurt himself because significant amount of his own investments are in the companies that manufacture in China! His sugar daddies donors will eat him alive if he does something like that.

Do you really think he will follow up on his promises or it is just a ploy to get in to Oval Office? What a weasel!

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