Trump Started Trade War Because He Was Angry

[Chicks]

Originally Posted by Dondilion

The Chinese have outfoxed the West especially since joining WTO.

So I guess you've pretty much demolished the absurd idea of "white superiority/supremacy", then... Though I doubt that was the point you were TRYING to make, lol. MAGA!

[Oerets]

Deficit's only truly matter to the Republican "Conservatives" when Democrat's are in control!
So let us hope they regain control soon!

[Chicks]

Despite Donny's Promises, The Trade Deficit Is Only Getting Wider

Care to bloviate, Whell? Why is yer boy Donny not delivering?

https://www.npr.org/2019/03/06/70065...-getting-wider

[Chicks]

Donny’s tariffs are hurting the stores where the poorest Americans shop

Many of whom were ignorant enough to vote for him, sadly.

https://finance.yahoo.com/news/trump...145724622.html

[Chicks]

Tariff Man Has Become Deficit Man
Trump really has no idea how international trade works.

https://www.nytimes.com/2019/03/07/o...p-deficit.html

Yet morons like Whell still think they're "winning", lol. Such an idiot.

[Chicks]

Expert: 'We are worse off as a world' amid Trump's trade war

https://finance.yahoo.com/news/trade...154052679.html

Wes Peterson, a professor of agricultural economics at the University of Nebraska-Lincoln, emphasized the global impact of the trade war.

“Trump says that trade wars are easy to win,” Peterson told Yahoo Finance. “What does it mean to ‘win’ a trade war? Basically, you’ve done damage to part of your economy.”

He continued: “If you start with a world where trade is flowing normally and you start putting tariffs on, you’ve introduced a bunch of inefficiencies and distortions into global markets that will reduce the level of world output. We are worse off as a world.”

Of course, Donny has his own “experts”, all of them, sadly, as ignorant as Whell.

[Chicks]

U.S. GDP WILL LOSE $290 BILLION DUE TO TARIFFS

https://www.aem.org/news/report-u-s-...ue-to-tariffs/

Maybe a Trump Tax on all the moron Trumpkin voters would compensate the rest of us.

Whell, you were stupid enough to vote for this pig, how about manning up and finally admitted he’s an incompetent buffoon?

[Chicks]

TRUMP’S FORMER ECONOMIC ADVISER SLAMS ADMINISTRATION OVER TRADE WAR, SAYS TARIFFS ‘HURT THE ECONOMY’

https://www.newsweek.com/trump-econo...conomy-1363598

”Tariffs don’t work. If anything, they hurt the economy, because if you’re a typical American worker, you have a finite amount of income to spend,” Cohn, a former Goldman Sachs executive who served as Trump’s first director of the National Economic Council, told Freakonomics radio in an interview broadcast Wednesday, CNBC reported. “If you have to spend more on the necessity products that you need to live, you have less to spend on the services that you want to buy.”

Stephen J. Dubner, who interviewed the former Trump adviser, pointed out that the majority of economists agreed with Cohn’s point, except for Peter Navarro, who serves as the president’s director of the National Trade Council. Cohn concurred, saying, “There’s only one in the world” who disagrees, in an apparent jab at Navarro.

Navarro is a joke. Donny is a joke.

[Chicks]

Trump tariffs costing US consumers $1.4 billion per month, study shows

A new study finds the Trump administration's trade policies and tariffs reduced U.S. income at a rate of $1.4 billion per month by November.

The Federal Reserve Bank of New York, Princeton and Columbia conservatively estimate that U.S. tariffs cost American consumers at least $6.9 billion last year.

"Tariffs were almost completely passed through into U.S. domestic prices, so that the entire incidence of the tariffs fell on domestic consumers," the paper finds.

https://www.cnbc.com/2019/03/26/ny-f...per-month.html

MAGA!

[Dondilion]

The previous admins had been so forgiven of the Chinese and allowed China to con them with soft promises for so many years that this admin has very few weapons to deal with the Chinese extensive abuse of their relation with the US.