What happens if we end all trade with China ?
- ErikLv 79 months ago
we make America great again
- WhoLv 79 months ago
china will stop buying treasury bonds - So the US will have to start living within its means and not borrow all over the place
(china buys about 20% of all the bonds the US treasury issues -
- StephenWeinsteinLv 710 months ago
Our economy suffers. It means no more of a lot of products that are only made in China and nowhere else in the world, such as iPhones. And it means that U.S. companies (including Apple) lose a lot of money because they need trade with China.
- SumDudeLv 710 months ago
No more Chinese food, Snapper lawn mowers, Rubbermaid products, or toothpicks. [ Honest ! Look at the labels in your grocery store !!]
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- Anonymous10 months ago
It's not a good idea since we owe China about a million dollars. China has this thing called Bitcoin and if we suddenly stopped trading with China China could respond by devalue waiting the Bitcoin and making all of our money that we have invested in Bitcoin disappear and the Chinese can say oh so sorry but you owed us the money anyway
- MichaelLv 710 months ago
An immediate recession, massive layoffs, especially in the retail and transportation sectors, hyperinflation, a stock market crash. .
- JohnLv 710 months ago
We can't and we aren't. So there's just not much more to say. It is a global economy, like it or not.
The TD sayin' "We don't need us no China men, we can do everything in Merca" is how we got an idiot in the WH to begin with. It's an ECONOMY, it's not just buying a loaf of bread. Even economists have trouble grasping things, at times.
- ANDRE LLv 710 months ago
As that will be that WalMart has nothing to sell, they will go backrupt and the resulting job losses will kick off the Trump Depression.
No other country can replace China in the supply chain. That's because US companies moved so much of their manfacturing to China for lower costs. Turns out there are other costs...
- RobinLv 710 months ago
you lose out whoever you are
- KiraLv 710 months ago
We will trade with other countries. We should have never started trade with Communist China.