Trump & China Policy. @GordonGChang @thedailybeast Stephen Yates, Idaho GOP.

Nov 10, 2016, 03:58 AM

11-09-2016 (Photo: China manufacturing ) Twitter: @BatchelorShow

Trump & China Policy. @GordonGChang @thedailybeast Stephen Yates, Idaho GOP.

“…Mr. Trump has promised to rip up America’s trade agreements; a video documentary by one of his chief advisers on China, the economist Peter Navarro, opened with a Chinese dagger plunging into America’s heart. In this view of the world, China is a villain, along with Mexico, responsible for emptying out U.S. manufacturing cities.

It doesn’t matter that manufacturing jobs are now fleeing China for lower-cost countries like Bangladesh and Vietnam, Mr. Trump has promised to bring them home. If he carries out his threat to slap an across-the-board 45% tariff on Chinese imports, expect retaliation against American investors that will slice into the profits of companies doing well in China, including General Electric , Boeing and Apple. Note, too, that trade has long held together the U.S.-China relationship that is fraying in so many other areas—from how to deal with the North Korean nuclear threat to China’s aggression in the South China Sea. On the geopolitical front, Beijing has reason to cheer the election result: Mr. Trump has less regard than Mrs. Clinton for America’s military alliances, which have underpinned U.S. dominance in China’s neighborhood since World War II—a primacy that Beijing is determined to upend….”

HONG KONG—Republican candidate Donald Trump ’s stunning election victory has left some of Asia’s biggest companies that rely on business with the U.S. grappling with uncertainty, amid hopes the president-elect will tone down his threats to impose tariffs on imports and rework global trade treaties. In Japan, companies from Sony Corp. to Toyota Motor Corp. saw their share prices hammered on Wednesday as the prospect of Mr. Trump’s election victory pushed the Japanese yen higher against the dollar, hurting some of the region’s biggest exporters. Mr. Trump’s victory has underlined the uncertainty surrounding his policy positions. Boardrooms globally have been unsettled by his threats to renegotiate trade deals he views as damaging to U.S. jobs, and levy tariffs as high as 45% on imports from China, Mexico and elsewhere.