09-28-2015, 04:46 PM
(09-28-2015, 04:43 PM)Au165 Wrote: "Scott Pelley: How does the president do that?
Donald Trump: Well, the president does it by not allowing places like China to devaluate, you know, they devalue their currency, Scott, to such an extent that it's impossible for our companies to compete every time they do that, they suck the blood right out of our country.
Scott Pelley: You're not running for president of China.
Donald Trump: No, I'm running--
Scott Pelley: You're not going to be able to prevent the devaluation of the currency.
Donald Trump: Oh absolutely. Sure you are, sure you are. Look, they don't respect our president. They don't respect our country. They will respect me. They won't be doing it. But here's what we have to do. If they don't come to the table, they're going to have a tax when they put their products into this country. And they're going to behave."
"Donald Trump: Let's say Ford-- let's say Ford moves to Mexico. If they want to sell that car in the United States they pay a tax. Here's what's gonna happen, they're not going to build their plant there. They're going to build it in the United States.
Scott Pelley: But there is a North American Free Trade Agreement.
Donald Trump: And there shouldn't be. It's a disaster.
Scott Pelley: But it is there.
Donald Trump: OK, yeah, but--
Scott Pelley: If you're president, you're going to have to live with it.
D
onald Trump: Excuse me, we will either renegotiate it or we will break it. Because, you know, every agreement has an end.
Scott Pelley: You can't just break the law.
Donald Trump: Excuse me, every agreement has an end. Every agreement has to be fair. Every agreement has a defraud clause. We're being defrauded by all these countries."
Both of these exchanges show that he feels like he can "bully" other countries into bowing before him. The guy is a bully, it is what it is. I hope Republicans figure it out sooner than later, otherwise you'll get 4 more years of Democrats in the White House.
To be fair, Trump is right about NAFTA. We don't "have to live with it", and it should most certainly be at least renegotiated.
Trump is wrong about a lot of things. The completely destructive effect of so-called "free trade" isn't one of them.
