Are you a Trump supporter? If so, how do you think his numerous trade wars are faring for the country?
I have written numerous posts on what I think of this sanity that is nothing more than a political stunt.
But let’s look at the results of the so-called trade war with China just weeks before the vote.
trade warAs the curtain falls on the first Trump presidency, it is timely to reflect on what has been achieved – or not. And nothing could be more at the heart of US President Donald Trump’s mission to “Make America great again” than an audit of hison China.
costly claim….It is more than two years since his crassest, most significant and most: “Trade wars are good, and easy to win.” The shocking naivety of that statement still makes me shudder. But having declared war, he has fought it, and continues to fight it, unflinching in his conviction that one way or another he will eventually succeed, and that the United States will have been made stronger in the process.
Whether Trump wins another term in office or not, he can take comfort that his good fight will continue. His opponent in the presidential election, former US vice-president Joe Biden, has given that Trump’s trade war on China will rage on.
But how well served have the US economy, American companies and workers been by the, and unprecedented efforts to roll back seven decades of globalisation and trade liberalisation?
I have listened to his drooling slobbering supporters applaud and scream when he mentions what is war is doing to China…..it is nothing but make believe and wishful thinking…..
Further Reading…..If you dare…..
To be honest I am not thrilled with the trade policies of the Dem candidate, Joe Biden, either…..on which I wrote recently….read those thoughts as well…..https://lobotero.com/2020/05/27/biden-on-trade/
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“lego ergo scribo”
Some workers in China earn less than $5 a day. You cannot compete with labour costs that low.
Best wishes, Pete.
True…..I will be writing about Trump’s sanctions and the failure they truly are chuq