Commentary

Political Party Founder Says, “The Best Way To Deal With Trump’s Trade Wars Is To Not Retaliate With Tariffs, But Sell Their US Government Debt Holdings And Invest Elsewhere”

Political Party Founder Says, “The Best Way To Deal With Trump’s Trade Wars Is To Not Retaliate With Tariffs, But Sell Their US Government Debt Holdings And Invest Elsewhere”

Founder OF 21st Century Australia Party and author of ‘101 Ways to Improve Australia’, Jamie McIntyre says, “countries should not retaliate to Trump’s trade wars with tariffs, as that would only make it worse. Instead, they should simply start selling US debt holdings, which would force the US to stop living above its means and live within its budget”.

McIntyre goes on to explain, “this hasn’t been done for decades and would ensure Trump learns that trade imbalances, especially deficits with other countries doesn’t mean the US is being taken advantage of, but it simply means they are getting funding from other countries to fund US’s inability to live within its means.

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