tariffs. meaning they take all their business abroad. affected countries retaliate with more tariffs creating a trade war. let s leave this one aside. discuss these first. well you know the easiest case study here is china. the ideas that we re going to tariff china out of business, or make china noncompetitive by imposing drastic tariffs on what they sell to the united states is very backwards thinking. china really isn t a nation of assemblyline workers only producing cheap clothing to the united states now. they want to be world leaders themselves. they re trying to back technologically progressive, competitive companies. and they ll sell to the rest of asia if the united states isn t there. we kill trade agreements which it looks like we re going to, the tpp, and impose a very drastic tariff regime it s going to be anti-competitive to the united states ultimately. now the president-elect has suggested that china taxes our stuff but we don t tax any of thirst. now is that true?