American products cost more in China because of tariffs and other Chinese Gov't fees. Yet U.S allows China to funnel tons of Chinese made crap into the States. I wish U.S. would STOP selling its debt to China so we are not obligated to buy their stuff.
Sure it does, anyone that gets their income reduced starts spending their savings. China is going to get our dollars one way or another, either by us making purchases, or them cashing in their bonds.
Comments
Why? They are perfectly fine with an iFone, or a Sory, or a Smasung.
We’re not. The US should just stop buying their stuff.
We owe them too much money to ever do that.
That’s not even remotely how it works.
It's still basically a product of China.
Sure it does, anyone that gets their income reduced starts spending their savings. China is going to get our dollars one way or another, either by us making purchases, or them cashing in their bonds.
No, our purchases of their products is in no way tied to their ~1/14th ownership of our debt.
So corporations in China don't pay taxes? If their income decreases so does the tax they pay to the government.