Pending Trade War: China, Mexico, EU against US , Russia

[vinny9698]

The way Trump is attacking China, Mexico, and the EU over trade matters, threatening tariffs etc. I truly believe they will form an alliance to take on Trump and Russia. And I hate to say this, but I am rooting the Chinese and their Mexican and European allies.
You can bully and insult Hillary, Cruz, Rubio, CNN, Carrier, Ford, but China is neither of those. China has the strength to fight back and start a trade war that will bring 30% unemployment and a lot higher prices to our consumer goods. Will the Americans accept that to please Trump and his cohorts the GOP? Don't believe it.

[RDANGELO]

1. We have been running huge trade deficits with China for decades.

Trump has said that he wants to raise tariffs 35%. If he did that all at once it would definitely cause a world wide recession. You would have to do it gradually to give investors time to adjust to it. This is part of the reason we have the income inequality problems.