Trump pick John Bolton warns of 'a little shock therapy' with China tariffs

[DonViejo]

Source: The Hill




BY JOSH DELK - 03/25/18 07:01 AM EDT

President Trump's incoming national security adviser John Bolton said Sunday he hopes impending economic tariffs against China could be "a little shock therapy" for the country.

Bolton pointed to Trump's announcement Thursday that the U.S. would impose up to $60 billion in tariffs against China over what he called its unfair trade practices. China has already threatened reciprocal tariffs over the move. Trump said the tariffs on Chinese products were aimed at curbing China's infringement of copyrights and intellectual property patents that costs U.S. companies billions in lost revenue each year.

"I don't think anybody is looking to have a trade war," Bolton told New York AM 970 radio host John Catsimatidis in an interview broadcast Sunday. "For far too long China has taken advantage of its place in the world ... the trade arrangements it has with the United States and other countries," he continued.

"The United States lives by these agreements," Bolton said. "All we’re asking for here is for the Chinese to do the same. So I think this could be a little shock therapy, get their attention, and hopefully it'll have a good impact.”



Read more: http://thehill.com/homenews/administration/380117-trump-pick-john-bolton-warns-of-a-little-shock-therapy-with-china

[LastLiberal in PalmSprings]

1. I don't think the Japanese were looking to have a real war when they bombed Pearl Harbor.

I guess they were surprised when we had the gall to retaliate.

I think Bolton and Trump are either ignorant, naive, or stupid -- or all three. Of course, since David Dennison ran off his top economic adviser with his first round of tariffs and replaced him with an unqualified television personality (like himself), he won't have anyone to disagree with his insane actions. I was going to say "insane plans" but that would imply Trump is capable of rational thought.

I wonder if his red hats are covered by the China tariffs.

[beachbum bob]

2. lol, started with tariffs on steel and aluminum....China says f*ck you trump and a trade war

is coming that will cost americans money and jobs and its all at the hands of trump and his republican enablers....another great path for the blue tidal wave in November.

bolton is still the same moron he was when he was pushing the Iraq war

[cab67]

3. has Bolton ever been right about anything?

[AllaN01Bear]

4. gee

1: quit sending our jobs there 2: quit encuraging businesses, esp manufacturing busonesses to send their plants and equipment there . if u want to hit them hit walmart ,etc.

[bronxiteforever]

5. He is an idiot!

[Bengus81]

6. DOW TANKS another 1100 points,and the markets open again in 24 hrs....

There's some shock therapy for Bolton and Trump.

[tomp]

7. shock and awe for Iraq....

....trade shock for us and the rest of the world. Bolton's MO is shock.

[Mountain Mule]

8. Oh, ye of little faith!

I'm sure China will crumble and kowtow to tRump's demands. Those US high paying manufacturing jobs will return in no time! Either that or another great Recession brought on by a trade war with the world.