Tuesday 2 July 2019

"A list of U.S. products to buy? How in the world does Trump come up with such a list? It would be difficult to find a better example of the mindset of a central planner than that." Bonus #QotD


"In announcing that the U.S. and China are resuming trade talks, President Trump ... said that during the negotiations, the United States would keep a 25 percent duty on $250 billion of Chinese goods and that he would give China a list of U.S. products to buy.
    "A list of U.S. products to buy? How in the world does Trump come up with such a list? How does he know what China wants? What if China isn’t interested in buying those particular things? It doesn’t matter, at least not to Trump. What matters to him is that he knows which particular U.S. products he wants sold and is forcing China to buy them as part of the agreement to return to the negotiating table.
    "It would be difficult to find a better example of the mindset of a central planner than that."

        ~ Jacob Hornberger, from his post 'Trump’s Socialist Mindset on Trade'
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