How 'The Donald' could incite a trade war
April 18th, 2011
12:26 PM ET
4 years ago

How 'The Donald' could incite a trade war

NEW YORK (CNNMoney) – Donald Trump's call for a 25% tariff on Chinese goods is winning him a lot of attention as he weighs a presidential run in 2012.

But Trump seems to be overlooking the consequences that his economic policy would likely trigger - a destructive trade war and higher prices, according to some experts.

FULL STORY

Filed under: 2012 • Donald Trump
soundoff (14 Responses)
  1. Greg in Arkansas

    This type of thinking Explains how he managed to bankrupt a casino.....you know.....a place where the house always wins.

    April 18, 2011 12:46 pm at 12:46 pm |
  2. Carl

    Wow – That confirms all. Donald Trump must at all cost win the Republican primaries. The President has to be seen next to a "popular" Republican who states that the "blacks" like him, and that we should tax the Chinese 25%.

    It is extremely difficult to articulate a deep rooted hate for women and non-hegemons – please let the Republicans present their positions. “It” only smells when you let it fester in a dark damp place.

    April 18, 2011 12:48 pm at 12:48 pm |
  3. ConservaFascists/FUBAR

    Trump's wreckless comments just go to show you that he's not the man for the job. He wants to start a trade war with our biggest debtor.

    April 18, 2011 12:53 pm at 12:53 pm |
  4. sector7

    A trade war is pure speculation. What we need is real change – can't you see the ship is sinking? – and Trump is willing to stick his neck out and do something about it. I say bring it on.

    April 18, 2011 01:03 pm at 1:03 pm |
  5. FM

    I had enough of this Trumpet. Too much talking, less substance. And CNN is gearing up on whatever he lips off!

    April 18, 2011 01:07 pm at 1:07 pm |
  6. Name Jeremy from Dallas

    Yes...lets go Mr President. Lets invade all opec members and take their oil. Do not forgive Canada and Venenzuela...oh yes and Brazil. Yes Trump 2012.

    April 18, 2011 01:10 pm at 1:10 pm |
  7. diridi

    by moving himself to Dubai...D-U-B-A-I.

    April 18, 2011 01:15 pm at 1:15 pm |
  8. Robert Holt

    DONALD TRUMP MAY RUN FOR PRESIDENT *

    * for entertainment purposes only

    April 18, 2011 01:41 pm at 1:41 pm |
  9. Howard

    SAVE AMERICA – RESTORE OUR ECONOMY
    VOTE FOR DONALD TRUMP IN 2012 !!!

    Obama has spent more American tax money in the first two years of his Presidency, than all the Presidents before him, COMBINED !!! ... and, he still is pushing to spend TRILLIONS more !!!

    Here are just a few examples of how Obama is ruining our economy:

    2009 GAS $1.83 per gallon TODAY $4.00 + per gallon
    2009 SOYBEANS $9.66 TODAY $13.75
    2009 SUGAR $$13.37 TODAY $35.39
    2009 UNEMPLOYMENT RATE BLACKS 12.6% TODAY 15.8%
    2009 NUMBER OF LONG TERM UNEMPLOYED 2,600,000 TODAY 6,400,000
    2009 PEOPLE IN POVERTY IN U.S. 39,800,000 TODAY 43,600,000
    2009 NATIONAL DEBT IN TRILLIONS $10,627 TODAY $14,052
    Just take this last item: In the last two years we have accumulated national debt at a rate more than 27 times as fast as during the rest of our entire nation's history. Over 27 times as fast! Metaphorically, speaking, if you are driving in the right lane doing 65 MPH and a car rockets past you in the left lane 27 times faster . . . it would be doing 1,755 MPH! This is a disaster!
    Sources:
    (1) U.S. Energy Information Administration; (2) Wall Street Journal; (3) Bureau of Labor Statistics; (4) Census Bureau; (5) USDA; (6) U.S. Dept. of Labor; (7) FHFA; (8) Standard & Poor's/Case-Shiller; (9) RealtyTrac; (10) Heritage Foundation and WSJ; (11) The Conference Board; (12) FDIC; (13) Federal Reserve; (14) U.S. Treasury

    SAVE AMERICA – RESTORE OUR ECONOMY
    VOTE FOR DONALD TRUMP IN 2012 !!!

    April 18, 2011 01:43 pm at 1:43 pm |
  10. Al-NY,NY

    He'll come up with some idiotic retort to this opinion. Maybe the "lamestream business community"??

    April 18, 2011 01:52 pm at 1:52 pm |
  11. GI Joe

    Trying to keep his pink lace panties a secret while he fights like a girl (with lies and biting and whining).

    April 18, 2011 02:07 pm at 2:07 pm |
  12. Proud member of "Global Zero"

    The fact that we could not even pass a tax change to keep jobs here instead of shipping them overseas goes to show that one man cannot make a difference. It is the congress that legislates. Even the last congress did not have America's best interests. What the hell is a Blue Dog anyway. That is not a democrat, That is a republican!

    April 18, 2011 02:09 pm at 2:09 pm |
  13. debby

    Simply open his Huge Mouth,and show the world his "Big Hair", America will have alot more to worry about than "Trade Wars". I,d worry about "Armageddon" Jeez! This man is not working with a "Full Deck"

    April 18, 2011 02:23 pm at 2:23 pm |
  14. Marie MD

    Really? From someone who has declared bankruptcy two or three times? Who would have thunk it!
    That ugly hairpiece peobably has more sense. Speaking of . . . . If you had all that money wouldn't you make sure your hair looked better? So much for using his money wiseky! :(
    His homes look like saddam's palaces. Yes, he sure knows what the little people need!!!

    April 18, 2011 02:28 pm at 2:28 pm |