Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Trump escalates economic tirade against free trade, China and globalism
Source: The Guardian
Trump escalates economic tirade against free trade, China and globalism
Ben Jacobs in Monessen, Pennsylvania
Tuesday 28 June 2016 21.04 BST
Donald Trump raged against globalization and free-trade agreements on Tuesday and urged the US “to declare economic independence again”.
At a scrap metal facility south of Pittsburgh, the presumptive Republican nominee veered yet again from conservative free-market orthodoxy as he called for the US to withdraw from free-trade deals, including Nafta, the trade agreement with Canada and Mexico. Trump said of the US’s two neighbors: “They are so used to having their own way. Not with Trump they are not having their own way.”
He also promised to take actions that many economists believe would start a trade war with China, including introducing retaliatory tariffs, bringing trade cases against the country in the World Trade Organization and labeling China a currency manipulator.
“We already have a trade war and we’re losing badly,” he said.
[font size=1]-snip-[/font]
Ben Jacobs in Monessen, Pennsylvania
Tuesday 28 June 2016 21.04 BST
Donald Trump raged against globalization and free-trade agreements on Tuesday and urged the US “to declare economic independence again”.
At a scrap metal facility south of Pittsburgh, the presumptive Republican nominee veered yet again from conservative free-market orthodoxy as he called for the US to withdraw from free-trade deals, including Nafta, the trade agreement with Canada and Mexico. Trump said of the US’s two neighbors: “They are so used to having their own way. Not with Trump they are not having their own way.”
He also promised to take actions that many economists believe would start a trade war with China, including introducing retaliatory tariffs, bringing trade cases against the country in the World Trade Organization and labeling China a currency manipulator.
“We already have a trade war and we’re losing badly,” he said.
[font size=1]-snip-[/font]
Read more: https://www.theguardian.com/us-news/2016/jun/28/donald-trump-foreign-policy-speech-tpp-china-free-trade
1 replies
= new reply since forum marked as read
= new reply since forum marked as read
