You are seriously claiming that the Democrats do not want Trump to fail regardless of the consequences on the US economy ??
No actually you have nothing. This was widely publicized news. Why do you post on a subject you know nothing about and can't bother to do a simple bit of research on? And you do it publicly for everyone to see.
Trump is unlikely to get much in the way of a bilateral deal because China has trade agreements it has to honor. Instead of working with other countries to get real reform by China, the Orange Oaf is going it alone.
That's exactly right. And China clearly knows that they cannot be successful as a country without the US as an unrestricted trading partner. Trump is absolutely correct to deal directly with China as he has with our other trading partners.
Ironically because of consumer spending going back up. It's a good indicator but a bad thing in and of itself. But many progressive Trump-haters have been telling us "trade deficits don't matter".
Trump slapped tax on Chinese imports, which is paid by American consumers, and China answered by slapping tax on American imports, which makes them more expensive in China.
Actually, exports to China in the United States decreased to 10071.90 USD million, down from nearly 13000 USD million in 2016. That's a big drop.
What taxes on US goods have the Chinese enacted ?? And we are in the process of negotiation on those tariffs. That's exactly why Trump acted as he did. His objective is to reduce trade restrictions on US exports to China.
Maybe because China's level of technology has gone up and they can build their own farm machinery now. No way they U.S. can compete on labor costs.
From your link: U.S. GDP growth will slow to 2.3 percent in 2019 from 3 percent in 2018. It will be 2 percent in 2020, and 1.8 percent in 2021. That's according to the most recent forecast released at the Federal Open Market Committee meeting on December 19, 2018. The projected slowdown in 2019 and beyond is a side effect of the trade war, a key component of Trump's economic policies. If that is healthy then why wasn't Obama wonderful for the economy. And note that Trump promised 4% or even 5%.
Taxes also slow GDP growth. I don't see how there's a difference between higher tariff rates versus higher tax rates. Why does the Left think higher taxes are good but higher tariff taxes are bad? Mental dissonance? Love of globalism?
A trade war is not a key component of Trump’s economic policies. Whoever wrote this article is a moron.
Of course you are correct excepting of course Mexico, Canada, China, and now apparently India. But who's counting? .
I see. Democrats want the economy to fail under Trump, but Republicans wanted the economy to do well under Obama.
Um Trump's major tax cuts for corporations and the rich don't appear to have helped GDP growth given the GDP projections.
We have new deals with all except China which is in negotiation. You did forget South Korea and Japan.
