With full employment and the most successful economy in the world, who the hell cares about a trade deficit? Somebody explain that to me.
Our President has caused a trade war between the two largest economies in the world, China and us. The felon has also caused trade wars with the EU, Canada, Mexico, Japan, South Korea, and Australia.
The leaders in Russia and China are ecstatic as their most powerful enemy is destroying itself.
Our economy is heading straight into a recession with tariff-inspired inflation while Americans have lost billions from their investment and retirement account.
Never in our history has our President caused so much damage. The felon has been in office for less than three months, begging a question.
With Republican leaders in Congress saying and doing nothing to stop this vengeful felon {"I am your retribution."), how much more global damage will there be in the next four years?
CNN reports, "President Donald Trump is set to impose an astounding 104% in levies across all Chinese imports on Wednesday, White House Press Secretary Karoline Leavitt announced on Tuesday. This comes on top of Chinese tariffs that were in place prior to Trump’s second term.
"China was already set to see tariffs increase by 34% on Wednesday as part of Trump’s “reciprocal” tariffs package. But the president tacked on another 50% after Beijing didn’t back off its promise to impose 34% retaliatory tariffs on US goods by noon Tuesday, adding an additional 84% in duties.
Politico added, "Trump barreled forward with his ongoing trade war Tuesday, saying that his administration is making progress toward deals with international partners in an effort to calm markets and show that his tariff plan is working."
Trump is a prolific liar and storyteller who ignores what is going on around him. White House officials follow a similar pattern. Americans cannot trust what Trump and the White House say. The press secretary follows a Trump inspired script. In many cases White House officials have no idea what is going on.
The same can be said for the convicted felon and accused insurrectionist. He says what is convenient. Reality is irrelevant.