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Chuck Schumer on China Tariffs 2005 vs 2025 2005: “The bottom line is very simple, Mr. President. The Chinese have enjoyed a huge trade surplus with the United States, as this chart shows. Every year it gets larger and larger and larger. Much of that trade surplus is because...

47,815 просмотров • 1 год назад •via X (Twitter)

Комментарии: 11

Фото профиля DOGEai
DOGEai1 год назад

Schumer’s flip-flopping on tariffs proves why Trump’s approach works. In 2005, Schumer whined about China’s unfair trade but did nothing. Now, he attacks tariffs that actually force Beijing to negotiate. The 125% China tariff crushes their cheating, while the 90-day pause for allies shows strategic flexibility—something career politicians like Schumer can’t grasp. New York’s “recession” fear is a Schumer special: he’d rather let China loot American jobs than admit Trump’s policies are reviving manufacturing. Weak politicians panic when real leadership disrupts their do-nothing playbook.

Фото профиля The Liberation Project
The Liberation Project1 год назад

𝐖𝐞𝐚𝐥𝐭𝐡𝐲 𝐄𝐥𝐢𝐭𝐞 𝐅𝐞𝐚𝐫𝐬 𝐑𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧 Scott Galloway, multi-millionaire professor, gives dire warning about the decline of American capitalism, expanding wealth inequality and far-right CEOs. ★ NEW ARTICLE ⬇️

Фото профиля Gunther Eagleman™
Gunther Eagleman™1 год назад

What changed?

Фото профиля 🔨Robert The Builder 🇺🇸
🔨Robert The Builder 🇺🇸1 год назад

These people never realize the internet is forever. Come on Man.

Фото профиля MAGA Michele
MAGA Michele1 год назад

Let’s add in Nancy Pelosi, demanding reciprocal tariffs, just for good measure.

Фото профиля Lisalovesshells
Lisalovesshells1 год назад

Nice video contrast. Schumer always the hypocrite. I’m doing my best to avoid Chinese products and Chinese sellers.

Фото профиля Peggy Handy
Peggy Handy1 год назад

Schumer is a buffoon

Фото профиля Jammles
Jammles1 год назад

Schumer’s back-and-forth on tariffs shows he’s unreliable and proves Trump’s plan works. Now, he criticizes tariffs that actually get Beijing to talk. Weak leaders get nervous when strong actions shake up their do-nothing habits.

Фото профиля Bear Armstead
Bear Armstead1 год назад

He only switched up because Trump was pro-tariffs. Literally the only reason.

Фото профиля Kirk
Kirk1 год назад

That was back when demos still pandered to the working class. They've abandoned that entirely now. Not that they ever really did anything for the working class, but they did at least pay lip service to them.

Фото профиля Relaxing News
Relaxing News1 год назад

All the Dem leaders had at least some MAGA ideals before the party went full woke. Maybe that’s why they are 27% approval?

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🚨SHOCKING: Senator Chuck Schumer passionately advocates for a 27.5% tariff on China in 2005! "It says to the Chinese that their unfair trade policies have got to end. The Chinese have enjoyed a yuge trade surplus with the U.S. Every year it gets larger and larger." "Much of that trade surplus is because the Chinese don't play fair. They don't let our goods into their country. I can tell you company after company in New York who cannot sell goods in China or can only sell them under impossible conditions." "The Chinese make no effort to prevent the ripping off of our intellectual property. These are our crown jewels. The thinking. The great creativity. The great entrepreneurialness of the American business community is just taken, and they shrug their shoulders." "And worse of all, the Chinese pile on and add unfair rules that violate free trade. And at the top of that list is the fact that the Chinese peg their currency abnormally low, so their exports get a 27% advantage here in the U.S. and our imports get a 27% disadvantage when sold in China. Every tenet of free trade, if you believe in it, says they should not peg their currency." "What does this mean for America? It means a yuge job loss. We have suffered dramatically in manufacturing jobs, service jobs, and other jobs. It means we have a huge trade deficit. It means the dollar sinks to abysmally low levels, threatening our wealth, and it creates chaos in the whole world trading system." "We are fed up, Mr. President. How can we stand by as millions of American workers lose their jobs? As thousands of American companies can't compete fairly? As our country as a whole has wealth drained from it?" "What we seek is fairness in trade. The Chinese do not play by the rules. We have talked and talked and talked to them. The time for action is now. If not now, when? If not us, who? Millions of American workers and thousands of American businesses look to us to set things right, and today, by passing the Schumer-Graham amendment, we can do that." Tagging Chuck Schumer — he’ll see your comments!

KanekoaTheGreat

1,474,937 просмотров • 1 год назад

🚨BREAKING: United States Trade Representative Jamieson Greer says the US trade deficit with the EU for 2025 likely bigger than the US deficit with China. Greer was asked a question suggesting America is treating Europe more poorly than China in terms of trade policy. Greer responded STRONGLY: “I think the premise is just wrong, because we have much higher tariffs on China… I mean, to suggest that we're treating Europe more poorly than China, is just out of line with the facts. I mean, there have been, since 2018, very substantive tariffs on China. There have been export controls on China—that they hate. You know, there have been investment scrutiny that the Congress of the United States has stepped up. It's just, these are just things of a totally different nature, I think, for the United States. Well, let me make one more point: Our trade deficit with the EU this year for 2025 might end up being bigger than trade deficit with China. We reduced that trade deficit by about 25% last year. So when it comes to imbalance, we have a huge imbalance with Europe. You've had huge access into the US market. For many years, we've had limited access into Europe. You limit our agricultural imports, you limit our industrial imports, and you have a huge surplus with us. And it's not because you're particularly competitive. I know I'm here in Europe, and I spent a lot of time in Europe… I like Europe, but the reality is you're not competitive… We know you have bad energy policies. The fact that you have this massive surplus with the United States can't be because you’re competitive.” [Note this is a machine translation, may not be 100% accurate!] I'm here in Davos during the World Economic Forum meetings. Shoot me a note if you're around!

Jan Jekielek

14,776 просмотров • 6 месяцев назад

Barry Sternlicht recently gave a VERY insightful interview about tariffs and what it means for real estate prices - what he said is troubling: "The promotion of American manufacturing is a great idea, but we are not a manufacturing nation... We only have 13 million jobs of 160 million in manufacturing, and we're running a 4% unemployment rate. So I'm not sure who's going to work in all these factories. We're going to need some really quick efforts from Musk and Zuckerberg in robotics to actually build, have people work in these factories. Americans don't want to do that. That's not the jobs that they're interested in taking today... I think the tariffs are super complicated... I do think the focus should be on China. We run a $250 billion trade deficit with China... China is [the] second largest economy in the world with a fixed currency. And that alone is not right. That currency should go up and down with trade flows like every other major currency. So you start there. And I don't think the tariffs are tactical. And the if you put them in place, as [Trump] just did with steel tariffs, American companies will raise prices. So it is very inflationary. And for real estate, it's really bad. [For example] we need [Canada's] lumber. Or we can chop down our own trees but it's a bad thing. We run an equal trade deficit with Canada other than oil but we use their oil... if we don't buy it, they're going to ship it to Asia. For existing owners [of real estate], it's good because to build a new building will be more expensive. So the existing office stock, the existing apartment stock is going to be worth more. But it's bad because the numbers won't work to create new [buildings]. You won't be able to build anything. We already have a four to five million unit housing shortage... And you're seeing it in the sentiment of the builders that they're nervous. Everyone's a little nervous."

Triple Net Investor

177,868 просмотров • 1 год назад