Gordon Chang
👤 SpeakerAppearances Over Time
Podcast Appearances
The Pakistanis took the Indians by surprise by downing those at least two Indian planes. I don't think India is going to let that happen again.
A couple of hours ago I would have said yes, that's what I expected. With Trump saying he wants a result, I'm afraid that we're going to be pressured into some sort of mutual reduction of tariffs. Remember, there's the reduction of tariffs. That is a win for China. And the reason is, our tariffs are remedies for the theft of US intellectual property and for China's predatory trade practices.
A couple of hours ago I would have said yes, that's what I expected. With Trump saying he wants a result, I'm afraid that we're going to be pressured into some sort of mutual reduction of tariffs. Remember, there's the reduction of tariffs. That is a win for China. And the reason is, our tariffs are remedies for the theft of US intellectual property and for China's predatory trade practices.
A couple of hours ago I would have said yes, that's what I expected. With Trump saying he wants a result, I'm afraid that we're going to be pressured into some sort of mutual reduction of tariffs. Remember, there's the reduction of tariffs. That is a win for China. And the reason is, our tariffs are remedies for the theft of US intellectual property and for China's predatory trade practices.
If we reduce our tariffs, this is unilateral disarmament. Because we are taking away our remedies. Because China is going to continue to steal our stuff and they're going to continue with their predatory policies. So, that's a win for China. And I'm really afraid that that's going to occur.
If we reduce our tariffs, this is unilateral disarmament. Because we are taking away our remedies. Because China is going to continue to steal our stuff and they're going to continue with their predatory policies. So, that's a win for China. And I'm really afraid that that's going to occur.
If we reduce our tariffs, this is unilateral disarmament. Because we are taking away our remedies. Because China is going to continue to steal our stuff and they're going to continue with their predatory policies. So, that's a win for China. And I'm really afraid that that's going to occur.
Absolutely. Look, we've had injurious China policies for three decades. We've had injurious trade policies for three decades. We Americans can't think that we can get out of this without costs. And if we're not willing to pay this cost, we are going to be a very diminished country. And so if you don't want a future, sure, yeah, let's continue to buy cheap stuff from China.
Absolutely. Look, we've had injurious China policies for three decades. We've had injurious trade policies for three decades. We Americans can't think that we can get out of this without costs. And if we're not willing to pay this cost, we are going to be a very diminished country. And so if you don't want a future, sure, yeah, let's continue to buy cheap stuff from China.
Absolutely. Look, we've had injurious China policies for three decades. We've had injurious trade policies for three decades. We Americans can't think that we can get out of this without costs. And if we're not willing to pay this cost, we are going to be a very diminished country. And so if you don't want a future, sure, yeah, let's continue to buy cheap stuff from China.
If we want more wars around the world, yeah, let's continue to buy this cheap stuff. But we're Americans and we've got to make sacrifices. And this is a tough message for the American public. I know it's not one that any politician is willing to say, but let's face truth. So many times in the past, we have failed to face reality and we have paid for it.
If we want more wars around the world, yeah, let's continue to buy this cheap stuff. But we're Americans and we've got to make sacrifices. And this is a tough message for the American public. I know it's not one that any politician is willing to say, but let's face truth. So many times in the past, we have failed to face reality and we have paid for it.
If we want more wars around the world, yeah, let's continue to buy this cheap stuff. But we're Americans and we've got to make sacrifices. And this is a tough message for the American public. I know it's not one that any politician is willing to say, but let's face truth. So many times in the past, we have failed to face reality and we have paid for it.
And sometimes we paid for it in the lives of many Americans. Let's not do this again.
And sometimes we paid for it in the lives of many Americans. Let's not do this again.
And sometimes we paid for it in the lives of many Americans. Let's not do this again.
A lot of presidents have let the China trade matters slide, and Trump had the courage to take this on. We hold all the high cards. We're the bigger economy. China is the trade surplus country. They ran a $295.4 billion merchandise trade surplus with us last year. So they've got everything to lose, and we don't.
A lot of presidents have let the China trade matters slide, and Trump had the courage to take this on. We hold all the high cards. We're the bigger economy. China is the trade surplus country. They ran a $295.4 billion merchandise trade surplus with us last year. So they've got everything to lose, and we don't.
A lot of presidents have let the China trade matters slide, and Trump had the courage to take this on. We hold all the high cards. We're the bigger economy. China is the trade surplus country. They ran a $295.4 billion merchandise trade surplus with us last year. So they've got everything to lose, and we don't.
But Xi Jinping believes that he can intimidate President Trump into surrendering preemptively because they're trying to get Wall Street, C-Suite, Main Street to put pressure on Trump to cave in. I don't think Trump will do that because we know on Wednesday, Trump imposed tariffs of 145% on China. And that's a real demonstration of political will.