Since when is Barrons or the Wall Street Journal "far left"?????? Take your Trump colored glasses off...the real world is happy to have you back. |
How is the US better off than it was in January with regard to China? China made absolutely no concessions and Trump dropped the tariffs. |
Worse, we now have a 30% tariff. |
What did the US get exactly? We all have to pay 30% taxes on Chinese goods now. Trump has expensive egg all over his face. He failed. |
The UK barely gave up anything and China gave up nothing to get the tariffs dropped. Now other countries know that they only have to come up with a "framework" to get the tariffs dropped. |
Yeah. Now we get to spend more for absolutely nothing in return. Art of the deal! |
It sounds like a bit of flattery is all it takes. |
Wow, we are toast.
From Bloomberg: Xi refused to meet with Trump and “Officials in Beijing instead cut key interest rates and took other steps to fortify China’s economy, while dispatching diplomats around the world on a charm offensive to secure fresh markets for Chinese products and decry US “bullying.” |
The rest of the world is cutting favorable deals with each other while the US is left with crumbs and tariffs. anyone who thinks Trump did any favors here to benefit the country is simply not playing attention. |
Again, I would love for someone to be specific about how the US is in a better position now... |
You’re just not smart enough to comprehend the art of the deal where the US got nothing at all. /s |
The Chinese also didn’t agree to lift their bans on rare earths and the other export controls |
JPMORGAN: “.. The trade war shock is still material. .. we now estimate an effective ex-ante tariff rate of 14.4%. This is akin to a $475bn tax hike on US households and businesses, worth 1.6% of GDP (still sitting close to the largest tax hike in the post WWII period).” He didn't cave, but has managed to auto-goal a $475 billion tax hike on American consumers. Ok, Jan. |
We’re not. Trump is a demented moron. And the GOP can’t physically bend over any further. And MAGA is high on fentanyl. |
Even Rand Paul says Trump got played. |