Nearly everyone wonders, “Why is Donald Trump crazy enough to impose tariffs on imports from other countries? How could this possibly make sense?”
— Read on riggedgame.blog/2019/05/27/why-it-sort-of-makes-sense-for-the-us-to-impose-tariffs/comment-page-1/
While it seems that Prime Minister Abe and President Trump are having a grand time at sumo championships, bbq`s and golf, the US-Japan trade talks are not
— Read on classiarius.net/japan-and-us-trade-talks-hit-a-wall/
For the record, the U.S. has been the target of a very costly and perilous trade war with China for decades.
— Read on patriotpost.us/alexander/63183-trump-is-not-starting-a-trade-war-with-china
Toyota has criticized President Donald Trump’s decision to declare some auto sector imports a national security threat. They say it sends a message that Japan’s largest carmaker isn’t welcome in the United States. Trump has used the threat of “national security” as the excuse for a trade war. His policies on trade are very old world and will do far more harm than good. There is constantly a focus on jobs, but Toyota and BMW have opened plants in the USA and assemble many of their cars in the United States. Claiming there is a threat to national security is really a stretch. We have to understand that what we really need is a complete overhaul of how world trade in actually calculated. If we allocate trade by the flag the company flies, then the USA will have a trade surplus.
— Read on www.armstrongeconomics.com/world-news/world-trade/trumps-national-security-claims-for-autos/
Good points made here.
Did Trump make a tactical mistake when he escalated trade war with China over the weekend? A quick look at the key metrics suggests that the US president did just what he should have done: as he has all the leverage.
— Read on www.zerohedge.com/news/2019-05-06/why-trump-has-all-leverage-china-trade-talks-3-charts
The Chilling Thing Nvidia Just Said about China & Tech | Wolf Street
— Read on wolfstreet.com/2019/01/28/the-chilling-thing-nvidia-just-said-about-china-tech/
They should negotiate a mutually beneficial trade deal with Trump. The deficit with China is a big issue with Americans who are losing jobs.