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I think all this tariff stuff will eventually be sorted out, and we could be headed for a golden age over the next 10 years.
China eventually will fall in line too, they have no other choice
Trump could offer removal of tariffs in exchange for more strategic
investments from China. Nano and material science research
has been making steady progress in American universities. China can
inject its trade surplus into for instance commercialization of fruits of
academic research in energy storage and next generation nuclear breeder
reactors. China can also help the U.S. with building a network of high-speed
rail. If the U.S. does have as much gold bullions as it has on the book Trump
can offer 2 or 3 thousand tons of gold in exchange for cancellation
of debt owed to China. That should bolster confidence on the future
of the U.S. and attract enormous foreign investment.
Trump could steer the U.S. in the right direction without alienating
the whole world if only he ceases to be the manical bully he is.