Saturday, July 16, 2005

Fixing The US Trade Deficit And China

The US trade deficit of exports over imports is about $600 billion, of which about $180 billion is with China. Which is threatening to nuke hundreds of US cities. The US should use this threat to fix its trade deficit and strengthen its defenses.

In an unusually forthright briefing to foreign journalists, General Zhu Chenghu speculated on what the response would be if the United States attacked China or its military in a war over Taiwan.

"If the Americans draw their missiles and position-guided ammunition on to the target zone on China's territory, I think we will have to respond with nuclear weapons," he said, making it clear he was speaking in a personal capacity. "We Chinese will prepare ourselves for the destruction of all of the cities east of Xian.

"Of course the Americans will have to be prepared that hundreds of cities will be destroyed by the Chinese."

It's a deniable threat - just the views of a private citizen, er top general. And anyway the Chinese won't attack Taiwan until they've staged the 2008 Olympics, by which time the Taiwanese should be able to nuke Peking.

But the threat does present the US with a golden opportunity to cut back on Chinese imports - no international treaty can force a nation to trade freely with one that threatens to slaughter hundreds of millions of its citizens.

I suggest that Congress enacts a 100% tariff on Chinese imports, with the proceeds to be spent building up the US Ballistic Missile Defense system. The tariffs to remain until China destroys all of its ballistic missiles.