American good life will collapse without China

 The daft Americans are still spreading lies about American trade deficit with China. These congenital liars chose to pick on specific items to demonise China without wanting to tell the whole picture of how the Americans are benefitting from its trade with China and even the trade deficit in goods is to the advantage of the Americans. Other than trade deficit in goods, America has trade surplus in selling goods and services to China which they intentionally sought not to talk about it. Neither would it disclose that the trade deficit in goods included the goods reimported to America by American companies in China.

The Trump regime intentionally chose not to look at the whole picture, mischievous misrepresented only a part of the overall trade with China and the world. Capitalism is all about maximising profits by taking advantage of comparative advantage and maximising on lower cost of production. The Americans may appear to lose out in one sector, to one country, but making up from other sectors and other countries. Not to forget, the trade deficit is all paid in monopoly money that the Americans could print unlimited.

The $450 billion imports from China are not rubbish but essential and necessary goods, parts and components that the Americans and American businesses need, to make life better with cheaper and better quality goods and to keep American factories running with lower cost parts and components from China.

Assuming that the Americans cut off completely the $450 billion imports from China, the Americans must get the goods, parts and components from other sources. The Americans must find the suppliers that can produce the same quantity and quality of goods, parts and components that they stop importing from China. Very likely the rest of the world would not be able to provide the same goods, parts and components to America, and the American people and manufacturers would take a direct hit for the breakdown of these supply chains.

The daft and devious Americans refused to acknowledge that the $450 billion imports were extremely beneficial and needed by Americans and American manufacturers, cannot be replaced. Without China, they would have to pay more for everything and may not even get them.

It is good that this tariff war is on and let the daft and slimy Americans experience a world without China to satisfy their needs at the lowest prices. When trade is totally decoupled, the quality of life of the Americans would suffer a heavy blow, unable to find the goods they need, unable to pay for them at the price China used to bill them. The rest of the world combined would not be able to do what China is doing for the Americans.

Good luck, dumb hillbillies.