Trump sees China from the White House
Billionaire developer Donald Trump might like to be president. And if he were, he’d bring a hard view of China to the White House.
“I’d tax China,” he tells ABC News in an interview. “They laugh at us. They feel we’re fools. You know, they’re getting away with absolute murder. The products we used to make in this country, they’re making them in China. We’re rebuilding China.”
Trump, who set up an exploratory presidential committee in 1999, said he’ll decide on a 2012 White House run by June.
He doesn’t explain how he’d tax China — or whether taxing China would be any easier than taxing America. But he’s sure the United States can still call the shots, even if China has effectively become America’s banker by holding so darn much of the U.S. national debt.
“We have the cards because we’re the ones who are spending all of this money in China,” The Donald says. “I’ve had bankers over the years. I don’t think the bankers have the cards.”
As for the presidency, Trump’s worth a lot and says he’d spend a lot to get elected: “It could be fun because I’d like to see some positive things happen for the country.”
Democratic Senator John Kerry, who ran for president in 2004, is also worried about the U.S. falling behind China. But his main concern is the paralyzing grip of ideological tension in Congress, where a new class of fiscal conservatives seems hardwired to cut spending and taxes and the debt.
That, says Kerry, bodes ill for future U.S. investment in exciting new technologies like green energy and high-speed trains.
“All they want to do is cut. They’re not talking about investing,” he tells MSNBC. “If all we do is come down here and focus on the deficit, without focusing on future investment, the United States is going to fall further behind.”
“We’re behind France, behind China, behind Germany, Japan. This is ridiculous,” he says. “We’re so far behind the curve with other countries, it’s embarrassing.”
Could Trump’s proposal to tax China provide a happy median for Kerry and those debt-conscious conservatives? The wheeler-dealer contends that it would eliminate the debt Beijing holds over America. And China won’t be casting any ballots in the next congressional elections.
“We tax China, we’ll pay off that debt very quickly,” Trump assures ABC.
Photo Credits: Reuters/David Moir (Trump); Reuters/Aly Song (Shanghai Skyline); Reuters/Molly Riley (Tea Party Supporter)