HomeArticlesChina deal could boost Dow 10,000 points: Art Laffer China deal could boost Dow 10,000 points: Art Laffer By Frank Lundy September 13, 2019 Articles, Blog 100 Comments Tags:art laffer, art laffer fox business, business, china, china deal, china tariffs, china trade, china trade deal, china trade war, dow, dow jones industrial average, economic growth, economic indicators, Economy, finance news, finance stock, Fox Business, Fox Business Network, maria bartiromo, Markets, mornings with maria, news, Stock Market, tariffs, trade, trade deal, Trade War, trump china, trump economy, trump tariffs, us china trade, us china trade war, us economy Related Posts SpongeBob Draw from Memory Challenge! 🧠 w/ Annie, Hayley, Jayden & Armani | Nick How To Hang Artwork From Picture Molding How to draw a Ice cream for Valentine’s Day, Draw cute things About Author admin 100 Comments Grant Goldberg September 6, 2019 Oh jeez, I wasn't aware the stock market belonged to Trump. What an ego maniac. Reply imaGINAtion September 6, 2019 Here're the facts based on statistics and calculations. The US GDP has reached $23 trillion, and the total amount of money from the US exports each year to China, is about $170 billion, which is approximately less than 1% of the US GDP or 0.74% to be exact. This fraction number is too small to account for our country's $23 trillion GDP! So what's the big deal about the trade deal with China? Stop doing business with China and impose tougher and higher tariffs on Chinese imports to stop China from stealing our American jobs and technology! It's for our country and for us all because the tiny fraction number representing our trade deal with China does NOT benefit our economy after all. With or without China, America is doing just fine. Our American history said it all. Reply Jim LaGuardia September 6, 2019 Art, there is a difference between optimism and gullibility. China is a criminal nation. No deal with them is worth the paper it is written on. Just keep raising the tariffs, Mr President. We don’t need the Chinese, they need us. Reply Brandon A. English September 6, 2019 A trade deal only matters if it's actually enforced. Reply Mel Smith September 6, 2019 Our great President was custom made by God for this job✝️🇺🇸 Reply Troy Wilson September 6, 2019 It "Nuts" that America allows communist into its supply chain. Reply Joseph Lupo September 6, 2019 President Trump is absolutely correct in confronting China. Frankly, the tariffs should be increased. Reply Timothy Bryan September 6, 2019 China and their products suck !!! Reply mabatommy September 6, 2019 MAGA at work Reply Nun Ya September 6, 2019 Art says, "everyone wants to be rich"…not true. The democrats in government want to be rich and keep everyone else poor. Reply John Bennett September 6, 2019 Let no man deceive you Reply Todd Griffith September 6, 2019 China has never ever honored any treaty, or agreement with the United States. If you keep getting wacked over the head decade after decade, administration after administration, don't you want to know why and what is causing it? Disengagement is what we should be doing, not engagement with the people who are at unrestricted warfare with us. The Chinese are the biggest abusers of human rights, who harvest the organs of political prisoners in their internment camps. Disengage not engage. Reply Ruben Sahakian September 6, 2019 I hate reporters talking over the guest none stop! IDIOT let the man talk! Reply Crazy Hermit September 6, 2019 This will send the Democratic party into their final tailspin.The only hope they had was America's economy crumbling. Reply Afoo Danner September 6, 2019 How do you do a deal with a country who does not honor their words??? Reply Jeannie Seibert September 6, 2019 "I'm very bullish on America," says Art Laffer. Reply Jared Zufelt September 6, 2019 Red October Reply Ben Jackson September 6, 2019 Hey Art, pass the blunt this way, I want whatever you're smoking. Dow to 19,500. Reply Tom Meyers September 6, 2019 Trump….stomping the memory of Slappy the Bong Weasel from Kenya into the Dust Bin of history… Reply John Villalovos September 6, 2019 It dont look good for the DEMOCRATS Reply MrChad97Z September 6, 2019 wont happen Reply Big Will September 6, 2019 Well yeah, it’s going to be epic once the DON make the deal Reply Dan Erickson September 6, 2019 If Trump can't make this deal happen with China no one can. Reply Văn Phan September 6, 2019 China invaded Vietnam’s sea and islands. China is dog Reply Văn Phan September 6, 2019 Road 9 segments on the east sea of your country, arbitrarily drawn. no one in the world recognizes. Reply PAW PALS September 6, 2019 LIES LIES Reply V.L. September 6, 2019 trust me..no deal is gonna to happen between Xi and Trump….no one with a clear mind would trust any single word of Trump Reply 55 ostar September 6, 2019 There are no respect for the president even for the once who stand up with Mr Trump. The table is turning on them Reply erospawn September 6, 2019 A lot of the economy is based on consumer confidence..Democrats know they aren't going to win in 2020 mainly because of the economy. So, the democrats and their criminal conspirators are now trying to talk us into a recession…Keep talking it long enough, people quit spending money and start tightening their belt, which in turn causes the economy to become weak… Reply black/white cookie September 6, 2019 President Trump forever ! 😎🔥💪💪 💪🐘🇺🇸 Reply Mike Hawk September 6, 2019 I support this President. Reply Ageof Craccadillia September 6, 2019 Of course anything to benefit the top investor class they are the major political donors Reply Ageof Craccadillia September 6, 2019 The common sense thing would have been to do is trade with nations that have similar wages. So with Tariffs etc things will be to expensive just like american made products are to expensive for most Reply jopageri1964 September 6, 2019 Bring the Red Menace down now. It's a big world. There are other markets. Check the "Made in" labels, folks. Eshew Chinese-made goods. Reply benstonewall22 September 6, 2019 PROPAGANDA Reply Eros Kaw September 6, 2019 100% tariff. Go Trump 2020 from California Reply Avarice September 6, 2019 😂😂😂😂 what ever makes you sleep at night Reply A 4 PLAYJUNKIE September 6, 2019 I will not be shopping at wal-mart anymore, so I don't care if China makes a deal or not. Communist slave labor in China is bad for the Chinese people!! God bless the Hong Kong protesters, and the Hong Kong people 🙏🙏 Reply Otie Brown September 6, 2019 Make a deal.Trump! Reply pew 927 September 6, 2019 I buy as much made in the USA as possible. It takes me awhile going through stores checking what I buy to see where it's made. You would be surprised at how much we make. The Dollar stores are getting more made in USA. I'll pay a little extra for made in America. I've harassed family members to check theirs also and they are. Most we get from China is junk, but they didn't want to buy our stuff. It's their government not the people. Reply fanglethorpe September 6, 2019 Dow wouldn't go up 10k points. Those companies won't have their cheap Chinese labor with a fair trade deal so their margins will be slimmer. So stocks will rise but not no 10k. Reply Na Na September 6, 2019 Hardcore Absolute Fact: Here comes 10,000 point drop in stock market! Here comes an already sick economy about to turn into a virus spreading like wildfire! US government is getting desperate because they know they are not producing much! No livable wages = very unproductive and dying economy!!! Reply Fred Rogers September 6, 2019 Bankers and Wall Street want it to fail! Control! Not for Trump! Reply Remington Bradley September 6, 2019 10,000 points?! MY God… Even 2000 would be incredible! Reply Chuck Dalton September 6, 2019 Only way to stop Trump or Messi is to foul them. Reply Edward C Tullis September 6, 2019 Stop all imports from China Reply steven jean September 6, 2019 Mexicans COULD pay for the wall. But you are. The Dow COULD go up. Or it could plummet as soon as trump leaves office because trump set it up that way. Blame a democrat for it after, trust me. It always works. Reply victoria quesnel September 6, 2019 Art Laffer I agree with you 100 % we are headed to another 10,000 points on the Dow . People want to work hard and to be rich . End of story .Hard work wins all the time ! Reply C gatz September 7, 2019 70 chinese dont "like" this Reply Lisa Cartor September 7, 2019 Never trust a dog that bites your hands when you feed it. Reply Theodore September 7, 2019 It was withdrawn for now, can be reinstated in NY minute. Don't be fooled by the Chinese communists. Reply Ivy Rivard September 7, 2019 Trump 2020.The man can DEAL!! Reply Cris Dean September 7, 2019 President Trump. Please Please sir stop this winning! I’m so exhausted of winning. Sir could we take a break? Maybe for a few weeks? But I know after Thanksgiving and during the Christmas holidays that we will be spending because we have more money to spend. Please slow down on the winning. Okay? Thank you President Trump you are certainly the Best President of our lifetime. 🇺🇸 Reply Jeffrey Mill September 7, 2019 Never make a deal with china..Mortal enemies..Stop doing business with china…We don't need them. Reply TC September 7, 2019 The DOW has never been so connected to the president's pulse before President Trump. Reply Patrick Sannella September 7, 2019 Can we build a cottage industry right here that actually builds stuff cheaper and better than china? sure invest in american small buisness. If trump wants to superheat our economy on an incentive basis backed by loans for manufacturing we once again would forget China ! This is what China is affraid of. All of China subsidizes industry by the Chinese Communist party ! Thats why we get ripped off , because there really arent any price controls, and they manipulate thier currency. We could have chose to keep manufacturing here, but that would have meant corporations would have to pay a livable wage. In china picture a chicken coop dorm setting for workers and wages so lo that the worker is totaly dependant on the state, from cradle to grave Just like plantation workers and gold miners. Corporations have a stangle hold , They own everything now , but not DJT. Reply John Paul Jones September 7, 2019 Fk China. We don’t want a deal with China. Cut them off completely Reply M Masseh S September 7, 2019 How come Chinese companies are alowed to buy American companies but not the opposite. Reply Equitable Apple September 7, 2019 Art, why is our ISM Manufacturing Sector in Contraction ? Reply Equitable Apple September 7, 2019 The numbers: The economy added just 130,000 new jobs in August, marking the smallest increase in three months and offering more evidence that hiring has slowed amid a broadening trade dispute with China that’s disrupted the U.S. and global economies. The soft employment figures are all but certain to keep the Federal Reserve on track to cut interest rates later this month, even after another sharp increase in wages. Hiring fell well short of the 170,000 MarketWatch forecast. Reply OC Vegas Property September 7, 2019 10k pts is just a number trump doesn't know that so just relax. Hes trying to make a point. Reply D M September 7, 2019 Only an idiot would vote a Democrat into office. Reply ideaquest September 7, 2019 Trump has no clue about China. China hates people like Trump. Reply Claude Bessette September 7, 2019 Can you imagine the amount of progress this president would achieve without all the obstruction?? If he wins back the house and keeps the senate, there is more likely a chance that more RINOS will be voted out and new republicans with sincere support for Trump will follow through on practical solutions for the american people. That WILL BE PROGRESS!! And maybe, just maybe, the criminal justice system will be realigned to what it was originally created for, to put away criminals as opposed to supporting them. Looking forward to 2020 with HOPE!! Reply Phillip Crandall September 7, 2019 I wouldn't say we need China but fair even trade with them would be a good thing Reply Tom Ski September 7, 2019 The American economy was doing great until China came along. Reply Nate Andrews September 7, 2019 GIVE THIS GUY A MEDAL!. Wait.. Trump already did that. Reply Joyce Thomas September 7, 2019 don't buy anything w/a made in china tag on it!!! and the US govt should ABSOLUTELY NOT BUY ANY CHINESE PRODUCTS — PERIOD!!! PELOSI/SCHUMER LEGISLATE THIS… NO PRODUCTS OF ANY KIND FOR ANY GOVT. DEPT. FROM CHINA… IT AIN'T THAT HARD FOLKS Reply 555Trout September 7, 2019 Well then. Deal, then Dow skyrockets. Massive landslide.Perfect. Reply Amanda Gilbert September 7, 2019 If Trump fixes the trade with China won't we lose more jobs so why would he fix it wouldn't go back to the same old same old American jobs leaving think about it Reply Layla Reeves September 7, 2019 So the liberals and democrats are taking over fox business too? I’ll ask it here, did CNN close down? Why all the aggression since they landed? What are they trying to accomplish by starting arguments over at Fox News and Fox Business? People need to ignore them or block them and they will go away, they love to cause chaos. Reply Joe Tairei September 7, 2019 The Democrats are struggling to find bad news to campaign on, but the news is mostly very good. Sucks to be them, I guess. Reply Robert Carpenter September 7, 2019 China already conquer the world! Reply Tom Ski September 8, 2019 I would rather see the Dow drop by 10,000 and everybody's wages double. Reply Carole Miller September 8, 2019 GLORY TO GOD !! GREAT NEWS!!! THANK YOU ART FOR YOUR ALWAYS POSITIVE VIEWS!!! Reply Gary Glanz September 8, 2019 In how many years? Reply Cary Clan September 8, 2019 Art Laffer is a moron, him and his stupid Laffer curve. The Chinese are stalling. These people are laughable.The US is $2.4 trillion in debt to float the economy, Trump will add $1 trillion more next year, GDP growth under Trump is lower than Obama, unemployment is only 1% point lower than Obama, US businesses paid $68 billion in Trump’s tariffs, the US farmers lost over $26 billion in sales to China and next year will worse as China has ordered soybeans from Brazil, and Brazil is burning their forests to grow soybeans.2018 stock market lost the most money since 2008 recession. Employment numbers have been dropping for 4 months now. The Fed is cutting interest rates for the first time since the 2008 Great Recession. Reply Itzahk Pearlman September 8, 2019 Not one Democrat comment. They don't get this stuff Reply Chopan Alvarado September 8, 2019 Y is their alot of poverty still dude come to la skid row n other places smh useless guy Reply Sal Lizandro September 8, 2019 NO DEAL WITH CHINA. CHINA HATES AMERICA Reply Sal Lizandro September 8, 2019 CHINA IS A GOD LESS NATION Reply DSC800 September 8, 2019 It's good to see an optimistic economist for a change, instead of those leftist, anti-American Trump haters predicting doom and gloom on CNN and MSNBC. Reply mike larry September 8, 2019 Fox new forgot to mention the 4 MILLION jobs lost in 2012 to 2015 that was sent over sea. GDP only grades by A.I and automation not humans ….. MATH Reply MMAFighter38 September 8, 2019 Love to see the media and democrats’ reaction if it spiked that much🤣🤣.All the never trump Bush/McCain Republicans on CNN & MSNBC wouldn’t show their faces Reply machia0705 September 8, 2019 China in my opinion will not make a deal with Trump because they know if no deal is made it will hurt his chances for reelection. China would prefer a Democrat in the White House so they can continue to manipulate America. Reply Gregory Chaffer September 8, 2019 we need a no deal with China and pull every American dollar out of that country Reply DucksDeLucks September 8, 2019 Real GDP growth is still way below the Clinton years and most of the Obama years. Look it up. Trump has done nothing for the rust belt voters and Wal-Mart clerks who elected him beyond symbolic gestures. Reply TUNESMITH da INFINITY Tunegate September 8, 2019 10k sounds to good to be real that means stock shares would be wicked Reply TUNESMITH da INFINITY Tunegate September 8, 2019 We gotta start testing Poland springs for toxic stuff and see what we can do with that if its Illegal Reply TUNESMITH da INFINITY Tunegate September 8, 2019 More regulation Reply John OBrien September 8, 2019 Wait that’s not what cnn says.. Reply Don't Bet on It September 8, 2019 There will be a deal made and both sides will cheat. Reply Tory September 8, 2019 How much would the dow boost in 5 years with end of trade with China all together? Sure there would be a near term drop and recession but in 5-10 years we would be free from China and retain a lot more of our technology industry as we wouldn’t face Chinese competitors selling our same patented tech back to us cheaper than we could sell it for. How much long will Apple even be around if Huawei and xaiomi ect are allowed to sell knock offs? Whether you like America’s big tech companies or not, they are the lifeblood of our economy and without them there will be millions out of work and a downward spiral economy as we negotiate away our resources to stay relevant on the global economic scale. Reply Gene Ferguson September 8, 2019 Look everybody look how good it's going an you want socolist wake up we are free an we are rolling stop the Dems now they want you to be a slave to them don't you understand it time to show them an the world we are free an going to stay that way time is here an now to vote the Dems out to stay free don't you see what they did to you an now they have forgotten you an want only illegaly people that have came here an broke our laws time to vote them out now they want you to be a slave 😠 Reply nowhere dude September 9, 2019 BREAKING: Trump ends US China trade war; swaps Hong Kong for California in unprecedented deal Washington DC—After months of growing trade tensions between the US and China leading to an impending global recession, along with mounting strife in Hong Kong prompting dissidents to wave American flags, US President Donald Trump has negotiated quite possibly the biggest deal of his life. The US will trade the entire state of California for Hong Kong in a flat exchange. “Basically everyone in California wants to be commies and Hong Kong wants to be American, so we did what we call a win-win-win and traded the two in a tremendous deal,” Trump said in a press conference announcing the unprecedented deal. Markets responded with a complete turnaround from recent declines and posted record numbers. Californians and Hong Kongers were dancing in their respective streets—Californians happy about the 1-child-only policy and finally being run by the Communist Party—and Hong Kong happy about being part of the free world once again. If only it was true. Reply Leo Wilke September 9, 2019 Pump the brakes Art! You may be right, but the best thing we can do is pass the USMCA and create new bilateral deals. Dump China CCP once and for all! Reply Todd Miller September 9, 2019 The republican way. A better deal with a communist country will book our investment dollars. Our workers won't be making any more money, because we are still buying products made by slaves, but our investment class will do great. Our nation is bought and paid for and run by the devil. Reply Jerold Gubatcho September 9, 2019 And if i had a 12 inch !#*& most women would run in fear. Go Trump. You brought on a REGAN finantial consulatant? Just no. Reply John Fletcher September 9, 2019 Yeah it will make all the people that invest in the stock market, aka people with money, richer….yay??? literally does nothing for the average Joe Reply Dwight Ash September 11, 2019 No deal don't need China's junk. Reply Add a Comment Cancel reply Your email address will not be published. Required fields are marked *Comment:*Name:* Email Address:* Save my name, email, and website in this browser for the next time I comment.