Donald Trump has taken on China again in his Cincinnati Rally on August 2. His remarks are as follows:
We have taken the toughest ever action to stand up to China’s trade abuse, and I just announced another 10% tariff on 300 billion dollars worth of Chinese products that are coming to our country. And that’s on top of the 25% that we’ve taken of the 250 billion dollars of goods coming in from China.
Don’t let them tell you. The fact is China devalued their currency; they’ve poured money into their system. They poured it in. And because they do that, you are not paying for those tariffs; China is paying for those tariffs.
For the last twenty years, Chinese have taken hundreds of hundreds and billions of dollars out of our country and now we are stopping the theft of American jobs; we’re stopping the theft of so many other things happening including intellectual property. They steal our intellectual property.
And you know I think they want to try and make a deal with us but I am not sure, because the word is I feel they want to wait till they get all the praying. They are praying. They would like to see a new president in a year and a half so they could continue to rip off the United States like they’ve been doing for the last 25 years.
They would love to see a guy like sleepy Joe Bidden who has no clue what the hell he’s doing.
They would say, “Sleepy Joe, Sir, just sign right there!” (And Joe’d say), “Oh, Ok, I’ll sign.”
We’ve been losing hundreds of billions of dollars a year to China. That has to stop. They understand that.
President Xi is a good man; he’s friend of mine. He understands it.
And until such time, as there is a deal, we will being taxing the hell out of China. And that’s the way it is.
Notes taken by staff