Lou Dobbs last night (Monday, 8-26-2019) with K.T. McFarland and Gordon Chang
https://video.foxbusiness.com/v/6077501428001/?playlist_id=933116636001#sp=show-clipsK.T. Mc Farland argues that the U.S. has the strongest economy of any G-7 nation, and with recent strengthened trade agreements with South Korea, Japan, Canada and Mexico and others, is in a very good position to leverage an agreement from China with a unified front.
Gordon Chang (an author and expert on China) argues that we should not make an agreement and continue to trade with China, that we should move all that business to other nations. That even if China made an agreement, they would not honor it and would continue to cheat the U.S. and its allies. That the only way to force China to truly change is to exclude them and starve them economically until their current government collapses and is replaced, and then are forced to make changes they will never make otherwise.
This is an insightful 10 minutes.
Increasingly, I see the wisdom of Trump's policy. To have made every effort to make a deal with China, but knowing they will not deal, and will not honor their terms if they do sign a deal. And has thus made a de facto deal of his own, to move U.S. industry out of China and move it to other nations. Whatever negotiations China makes at this point, this will happen regardless. Which is so much better than enabling China and just allowing them continue to to fleece us, and the rest of the world.
