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发帖数: 1709 | 1 The "Trade War" Is Over, Trump Just Doesn't Realize It Yet!
https://realinvestmentadvice.com/the-trade-war-is-over-trump-just-doesnt-
realize-it-yet/
“Trump has been reaching out to corporate leaders this week amid his
concerns that a slowing U.S. economy could impact his reelection chances,
according to a Thursday piece from the Washington Post.”
Art Of The Deal Versus The Art Of War
This is all assuming Trump can actually succeed in a trade war with China.
Let’s step back to the G-20 meeting between President Trump and President
Xi Jinping. As I wrote then:
“There is a tremendous amount of ‘hope’ currently built into the market
for a ‘trade war truce’ this weekend. However, as we suggested previously,
the most likely outcome was a truce…but no deal. That is exactly what
happened.
While the markets will likely react positively next week to the news that ‘
talks will continue,’ the impact of existing tariffs from both the U.S. and
China continue to weigh on domestic firms and consumers.
More importantly, while the continued ‘jawboning’ may keep ‘hope alive’
for investors temporarily, these two countries have been ‘talking’ for
over a year with little real progress to show for it outside of superficial
agreements.
Importantly, we have noted that Trump would eventually ‘cave’ into the
pressure from the impact of the ‘trade war’ he started.
Of course, Trump caving to China was evident in the agreement made during
the G-20 summit. | b*********3
发帖数: 1709 | 2 Trump has already lost the “trade war,” he just doesn’t realize it, yet. | b*********3
发帖数: 1709 | 3 The problem is that this President has no clue has to use tariffs.
If you want the jobs to come back to the USA instead of playing Asian
musical chairs, you have to slap the tariffs on every country that has low
wages/benefits and no/low environmental laws (that are enforced). If you don
't, they are just shuffling factories around.
I'm no fan of China, but tariffs only on China won't bring a single job back
to the USA unless tariffs encompass all the "beggar-my-neighbor" countries,
like Mexico, China, Malaysia, Vietnam, Indonesia, etc. | b*********3
发帖数: 1709 | 4 Rather than invading countries or trying to make countries weaker, we should
focus on fixing our crumbling infrastructure, manufacturing base collapse,
declining life expectancy etc. And don't even start babbling about how Trump
's China tariffs help US manufacturing. Unless you put tariffs on all the
low wage countries, singling out China does nothing for US workers. | b*********3
发帖数: 1709 | 5 Tariffs alone on everybody else would lead nowhere. Everybody else would
simply grow the trade with each other and leave the US behind.
This is why the US is also regime changing, and waging aggressive economic
war on the rest of the world. Truth is the US centric economic system is
collapsing and the US can't handle it fair and square.
Europe, Russia, China, Latin America, the Middle East are all under constant
US attack.
The Trump WH's attempts at kidnapping the Iranian oil tanker in the Med is a
typical example. Or attempts at stopping Nordstream 2. Or Maidan in Hong
Kong etc. | J**********r
发帖数: 1 | | Y***i
发帖数: 1932 | |
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