Trump: US considering 'stopping all trade' with countries doing business with N. Korea
Source: The Hill
President Trump on Sunday raised the possibility of taking new actions targeting North Korea in the wake of Pyongyang's latest nuclear test.
"The United States is considering, in addition to other options, stopping all trade with any country doing business with North Korea," Trump tweeted Sunday.
Trump also said earlier in the day that North Korea has become a great threat an embarrassment to China, which is a major trading partner with Pyongyang.
-snip-
Treasury Secretary Steven Mnuchin on Sunday warned of new sanctions after North Korea's latest test.
-snip-
Read more: http://thehill.com/homenews/administration/349058-trump-us-considering-stopping-all-trade-with-countries-doing-business
Cryptoad
(8,254 posts)400% inflation! I guess if you are GOP Oligarch $10/ loaf of bread is really not a bigly thingy!
spiderpig
(10,419 posts)Who will make Ivanka's shoes?
tblue37
(65,227 posts)onetexan
(13,024 posts)JDC
(10,117 posts)Just spouts off.
Kennah
(14,234 posts)Kennah
(14,234 posts)janterry
(4,429 posts)This is serious. NK won't bow (nor will China) to his stupid BS.
'Nuff said.
Response to highplainsdem (Original post)
TubbersUK This message was self-deleted by its author.
demmiblue
(36,824 posts)TubbersUK
(1,439 posts)livetohike
(22,124 posts)again what a complete idiot he is.
SHRED
(28,136 posts)But we know that.
Shrike47
(6,913 posts)RKP5637
(67,088 posts)The U.S. debt to China is $1.102 trillion, as of May 2017. That's 28 percent of the $3.9 trillion in Treasury bills, notes, and bonds held by foreign countries. The rest of the $19.8 trillion national debt is owned by either the American people or by the U.S. government itself. For more, see Who Owns the U.S. National Debt?
https://www.thebalance.com/u-s-debt-to-china-how-much-does-it-own-3306355
Kennah
(14,234 posts)onecent
(6,096 posts)Trump also said earlier in the day that North Korea has become a great threat an embarrassment
TRUMP is the big embarrassment....at least he has been in things i'm reading.
I am 72 years old.....I have listened to alot of people, AS ALL OF US THAT ARE PUSHING 70, and I
NEVER EVER heard anyone trying to take down North Korea.....THIS Drumpy is off his rocker.
TubbersUK
(1,439 posts)dalton99a
(81,406 posts)or ask their idiot president for a better job
WePurrsevere
(24,259 posts)is reflective of his abysmal LACK of knowledge on how to run a friggin COUNTRY. Apparently he doesn't have a CLUE how shutting down trade with all those doing business with NK would affect our country.
From HERE, these are just the TOP countries that do business with NK...
The top export destinations of North Korea are China ($2.34B), India ($97.8M), Pakistan ($43.1M), Burkina Faso ($32.8M) and Other Asia ($26.7M). The top import origins are China ($2.95B), India ($108M), Russia ($78.2M), Thailand ($73.8M) and the Philippines ($53.2M).
Compare that to the TOP countries the US exports to and imports from HERE...
The top export destinations of the United States are Canada ($219B), Mexico ($188B), China ($128B), Japan ($63.5B) and Germany ($63.3B). The top import origins are China ($457B), Mexico ($291B), Canada ($288B), Japan ($128B) and Germany ($122B).
Apparently this is Mnuchin's idiotic idea and Trump bought into it. Hopefully someone semi SANE on his staff, Kelly perhaps, will explain how incredibly foolish this would be for the US to implement to him and in simple enough terms that even he can understand.
Girard442
(6,066 posts)He probably has fantasies of punching out Kim Jong-un.
JustABozoOnThisBus
(23,325 posts)nini
(16,672 posts)I'm not worried about how China will react.
He's such a clown.
bucolic_frolic
(43,063 posts)resistors considering stopping all trade with companies doing business with Trump
or hasn't anyone noticed?
sinkingfeeling
(51,438 posts)can run the world like I want it to be run."
BlueIdaho
(13,582 posts)That should effectively empty the shelves at most stores and push millions into the unemployment lines. This TV millionaire has no idea how the real world works.
Let's ask his supporters to look around their houses and see how many of their possessions are made in China. That should sober them up...
still_one
(92,061 posts)negotiations, but if NK refuses to do that, then they can only continue as they are, with the clear warning that any attack by NK against a neighbor will result in immediate retaliation
truthisfreedom
(23,140 posts)How did he ever run a business?
spiderpig
(10,419 posts)The most bigly flimflam man the modern* world has ever seen.
*I wasn't around for the Roman Empire.
berni_mccoy
(23,018 posts)Mr.Bill
(24,253 posts)if he puts Walmart out of business.
Kennah
(14,234 posts)Turbineguy
(37,295 posts)only with ultra stupid added for good measure.
procon
(15,805 posts)His ignorance, his bloviating incompetence, has given our enemies cause to threaten us, and made our allies nervous.
How will we ever undo the global damage Trump is causing? It will take years, even decades yo recover.
Honeycombe8
(37,648 posts)TomCADem
(17,382 posts)Haven't some liberals indicated that they would actually support Trump's policies? For example, Bernie has been pretty consistent in his support, such as back in January:
http://thehill.com/blogs/floor-action/senate/315655-sanders-ill-work-with-trump-on-trade
Then, a few months later in April as noted below. Indeed, isn't Bernie's criticism that Trump has not gone far enough in rolling back trade relationships?
http://www.pbs.org/newshour/rundown/bernie-sanders-says-work-trump-trade-policy/
On the campaign trail, Vermont Sen. Bernie Sanders and then-candidate Donald Trump both agreed that in order to revitalize the middle class, good-paying manufacturing jobs have to stay in America.
As the White House moves forward with tax reform and trade policies, Sanders reaffirmed his commitment towards protecting middle-and-working-class Americans from large corporations, indicating its an area on which hed be open to working with Trump.
We have lost our manufacturing base and its an issue that has got to be dealt with, Sanders told PBS NewsHours Judy Woodruff in an interview Tuesday. We have to fundamentally rethink our trade policies and make them work not for the CEOs of large corporations, but for working people.
If Trump wants to develop a rational trade policy that demands that corporations start investing in this country instead of China, thats something that we can work on, he added.
riversedge
(70,092 posts)Yavin4
(35,422 posts)And his base loves this kind of ignorant crap.
syringis
(5,101 posts)adigal
(7,581 posts)he will take this economy down in a huge crash. He is incompetent, vindictive, and unable to make connections between acts, it seems.