Rogue America still thinks it can lie and bully the rest of the world for its own interests and benefits at the expense of others. Its narrative of trade deficit against many countries is a big lie. The American trade deficit is a self inflicted injury, intentional and unintentional. The basic nature of a trade balance is due to buying and selling by a nation. In America's case, it is because the Americans want to buy and buy and buy but not wanting to sell what others want, or want to sell expensive overpriced goods that nobody wants. Its trade deficit against China is simply because it refused to sell expensive high end chips that China wants and many other high tech products, but only want to sell cheap low value agricultural products that China can get elsewhere at cheaper prices. How could the cunning and deceiving and lying Americans then put the blame on China for their own trade deficits caused by their own gangster policies of wanting to deprive China of high tech products, to keep China from developing into an advanced high tech country?
The trade deficit can easily be corrected by stopping the Americans from buying more Chinese products or by selling more American products that China wants. China did not point a gun at the Americans to buy Chinese products. The Americans like Chinese products because they are good value for money. Actually China is helping the average Americans to improve their quality of life and lower their cost of living. America should be grateful and say thank you to China.
And Bessent and the Washington clowns are still lying that it is bad and wrong for China to produce goods that are of better quality and at cheaper prices to sell to the world that needs them, and wanting China to cut production so that the rest of the world has to buy expensive and overpriced poor quality goods from America. This is what the arrogant American gangsters claimed should be the order of trades. What China is doing is really benefiting the rest of the world, producing and selling essential and desirable goods that the rest of the world are happy to buy at the cheapest cost. Only the mischievous and unreasonable American thugs can argue that this is bad. The rest of the world choose to disagree and are not complaining and keep on buying and buying from China to keep their cost of living down and to raise the quality of life of their people. No need to waste money buying overpriced and undesirable and poorer quality products from the Americans.
The country that is destroying world trade and hurting all countries is rogue America with its reckless and unreasonable tariffs against all countries and banning of foreign students in America. Only the cruel and inhuman American gangsters can do such wicked acts. But no western country or American cronies would dare to condemn such irresponsible behaviours of the American terrorists.
Below is an extract of what Scott Bessent reported back to Washington after the London Talks and clearly revealed how bad the Talks went. He could not get what he wanted and slammed China with derogatory terms like unreliable partner and that China should not be allowed to export to the rest of the world. That is the right of the American gangsters, to force the rest of the world to buy expensive and overpriced things from America whether they like it or not. That is the right thing for the American gangsters, the evil American Empire.
What Trump said about a deal being done, and excellent relations are all bullshit. The Chinese did not give an inch to the bullying American gangsters. If things have gone the American way, he would not be that angry. And he is still lying about China stealing jobs from lazy and unproductive Americans when they were the ones that sent all their factories to China happily and making a lot of money at the expense of cheap Chinese labour. Read for yourself the text below by MSN.
US Treasury chief slams ‘unreliable’ China at House hearing on Trump trade policy
Story by Mark Magnier
US Treasury Secretary Scott Bessent slammed Beijing on Wednesday for its aggressive export policies, urged it to be a more dependable partner and depicted China’s disjointed economic structure as hurting not only the US but the entire globe.
“China currently has the most unbalanced economy in the history of the world,” Bessent, a former hedge fund manager, told the powerful House Ways and Means Committee.
“They cannot be allowed to export their way back to prosperity, not only for working Americans but for working citizens around the world.”
