Donald Trump (Trade)

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Trump's Trade (section page)

US-China

  • Officially declare China as a currency manipulator (DTW)
    • "Economists estimate the Chinese yuan is undervalued by anywhere from 15% to 40%" (DTW)
  • Force China to uphold IP laws. (DTW)
    • "This theft costs the U.S. over $300 billion and millions of jobs each year. " (DTW)
    • US companies will no longer be forced by China to share proprietory technology with Chinese firms (DTW)
  • End China’s illegal export subsidies and lax labor and environmental standards (DTW)
  • Lower corporate tax rate (to 15%, listed in Tax section) (DTW)
  • Bolstering U.S. military presence in East and South China Seas (DTW)
  • "But the worst of China's sins...is the wanton manipulation of China's currency, robbing Americans of billions of dollars of capital and millions of jobs." (The International Economy)
  • "Economists estimate that the yuan is undervalued anywhere from 15 percent to 40 percent. Through manipulation of the yuan, the Chinese government has been able to tip the trade balance in their direction by imposing a de facto tariff on all imported goods." (The International Economy)
  • "On day one of a Trump administration, the U.S. Treasury Department will designate China a currency manipulator." (The International Economy)

"Why are we striking trade agreements with countries we already have agreements with? Why is there no effort to make sure we have fair trade instead of ‘free’ trade that isn’t free to Americans?" (BB)