Quote:
Originally Posted by eric_wahlberg
I want a nice opinion. No trump bashing please.
What do you think of Trade war i.e. new protectionism method in USA.
Do you agree with it or not?
Please give your views.
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I agreed with the trade war in the beginning.
The trade war started January 22, 2018
The stock market stopped it's upward trend January 26, 2018
It's been 17 months and our stock market levels today are lower than they were January 26th.
Our trade gap with China is at world record levels, the highest it's ever been in history.
Congress had to give emergency funding to our farmers because China is not buying their goods, that emergency funding stopped right after the midterms.
Now our electronics and steel from China are going to have increased tariffs of 25%.
So in the end I think that either the administration has done it incorrectly and they won't be successful or China is better at the American businesses they put tariffs on than we are with their their businesses we put tariffs on, because the trade gap has increased tremendous amount and that's a win for China.