Duff on China, Trade War and Technology Transfer: Press TV Interview

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  1. If China doesn’t want to pay heavy import taxes in order to sell their products to the American market, maybe that would force America to start making the products they would typically import from China.

  2. Yup, exporting manufacturing to increase the profit margins of corporations has destroyed the Western manufacturing industry. I’m no expert so I could be misunderstanding all of this, but if heavy import taxes are put in place, a logical solution might be for Western nations to revamp our manufacturing industry and make things ourselves. This would create many more jobs, many more middle-class consumers and hence, a large boost to the economy. A new industrial revolution. The import replacement program in Russia seemed to work very well for them.

  3. I could be wrong here guys, but the way I understood J.A’s comment was that the American working class has been chewed up and spit out; and that the new immigrants are next in line to be regurgitated.

  4. C’mon that’s like saying who let all those lazy Mexicans up here. USA has top notch workers. That can’t be said of it’s ruling elite and politicians. All Americans work hard and we are debt slaves to the Federal Reserve Bank.

  5. Well said Johnny. Hopeful immigrants believing in the so called land of opportunity will soon discover that the American dream is really a living nightmare. Also, with the amount of American debt that China carries they could likely crush the US economy overnight, if push comes to shove.

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