nominee of the party of Lincoln and Reagan. It is worth spelling out why that would be a terrible thing,’ they write in the latest issue of the magazine. ‘From an economics point-of-view, we think that if he did one-tenth of what he’s planning, he would trigger a global trade war, which would cause a kind of global recession and cost lots of jobs,’ [David] Rennie [Washington bureau chief for The Economist] says.” [Public Radio International, 9/7/15] 2011: Trump Said He Would Put A 40% Tariff On Chinese Products “Without Hesitation” If China Continued To Manipulate Its Currency. SPITZER: “Based on what you just said about China and their manipulation of their currency which is estimated to be between 30, 40 percent. Are you going to slap a 40 percent tariff on everything coming in from China?” TRUMP: “If they don't change their ways I would do it without hesitation.”[In The Arena, CNN, 4/22/11] 2011: TRUMP SAID HE WOULD IMPOSE A 25% TAX ON CHINESE PRODUCTS Trump Said He Would Immediately Announce A 25% Tax On Chinese Products. TRUMP: “And if you read the real economists and real people that know what's going on it's an unfair playing field. So here's what happens. You said what would I do? I would immediately announce a tax of 25 percent. The first thing that's going to happen is the Chinese are going to call.”[Piers Morgan Tonight, Fox News, 2/9/11] TRUMP CALLED FOR “A BIG UNCOUPLING” OF THE U.S. AND CHINESE ECONOMIES After The Slump In China’s Stock Market, Trump Called For “A Big Uncoupling” Of The U.S. And Chinese Economies. “Trump sharpened his attacks against China on Monday after the U.S. stock market took a dive over concerns about China's economy, leading Trump to call for ‘a big uncoupling’ of the U.S. and Chinese economies. ‘They want our people to starve -- they're taking our business away. They've taken our jobs away,’ Trump said.” [CNN, 8/25/15; The O’Reilly Factor, Fox News, 8/24/15] Trump Claimed A Fall In The U.S. Stock Market Was Due To U.S. Ties To China. “Republican presidential candidate Donald Trump lamented the global stock market turmoil Monday morning -- when the Dow plummeted 1,000 points at open -- saying it's an example of how the United States is too closely tied to China. ‘As I have long stated, we are so tied in with China and Asia that their markets are now taking the U.S. market down. Get smart U.S.A.’ Trump tweeted. He added in a separate Tweet: ‘Markets are crashing - all caused by poor planning and allowing China and Asia to dictate the agenda. This could get very messy! Vote Trump.’” [CNN, 8/24/15] TRUMP CALLED FOR “STRONG ACTION” TO DEAL WITH CHINA’S CURRENCY MANIPULATION… Trump Said That The U.S. Has “To Take Strong Action” To Deal With China’s Currency Devaluation. The New York Times on Donald Trump: “How would he handle China, should it keep devaluing its currency? ‘Well, you have to take strong action,’ he said at a news conference here later in the day, right before he took the stage in a hall crammed with about 3,000 people.” [New York Times, 8/11/15] Confidential Page 182