NSFW Anon Archived Illogical WAPO article linked to in Drudge headline: Xi's Choice: Destroy Trump or save him and weaken America (archive.is)
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Archived on: 11/20/2019 10:00:00 AM
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NSFW Anon Archived Illogical WAPO article linked to in Drudge headline: Xi's Choice: Destroy Trump or save him and weaken America (archive.is)
submitted ago by 3392762?
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[–] 20264320? [S] 0 points 1 point 1 point (+1|-0) ago
The author is ignoring the huge disparity between how much we buy from China and how much they buy from us.
In 2018 we purchased $540 Billion in Chinese manufactured goods. In 2018, they purchased $120 billion of farm products and other things.
Total US Exports: $2,500 Billion
So our exports to China represent 120/2500 = 4.8%
China Total Exports: $2,410 Trillion
China's exports to USA represent 540/2,410 = 22% of their exports.
If they buy nothing from us, we will be fine.
If we buy nothing from them, they are in trouble.
sources:
https://www.thebalance.com/u-s-china-trade-deficit-causes-effects-and-solutions-3306277
https://www.thebalance.com/u-s-imports-and-exports-components-and-statistics-3306270
https://oec.world/en/profile/country/chn/
[–] 20264360? 0 points 1 point 1 point (+1|-0) ago (edited ago)
WaPo.... it's a rag full of people who despise out country but don't realize it or that we see how much they despise the U.S.