So far Trump is losing the trade war

Trump was a fool to declare a trade war against the world

If he wanted a trade war with China, he should have partnered with the EU and forced a favorable competition environment

Instead, it is us against the world

We’ve been in trade war with China and the rest of world for decades, and we’ve been losing. President Trump is the first to fight back.

The EU trade chief already capitulated to President Trump and declared the EU was willing to drop their tariffs against the US.

China is shitting their pants because they need the US even more. Without us, their economy collapses.
Only in the twisted minds of conservatives

We had trade deals that benefitted both sides. We had advantages, they had advantages

Trump has substituted tariffs that must be paid by consumers
 
The trade deficit with China reached a new high despite the tariffs. It seems like the only ones hurt by the tariffs are Americans.
Ford and GM have moved their electric car manufacturing to China and Harley Davidson is building it`s motorcycles in England and France. Our soybean farmers are collecting welfare.
U.S. imports hit all-time high, trade deficit with China sets new record despite tariffs
Well, this didn't age well.


Economy “Unexpectedly” Grew at 3.2% Clip in First Quarter Boosted by SHRINKING TRADE GAP

The US economy surged “unexpectedly” in the first quarter of 2019 to 3.2% growth.
Economists predicted a 2.5% growth.

The US economy was boosted by a SHRINKING trade gap.
Wall Street Journal.

A factor that boosted growth was a shrinking trade gap. The pace of American exports continued to rise in the first quarter, while the rate of imports fell, as Americans cut back on purchases of foreign goods.”

President Trump is winning the trade war.
 
The trade deficit with China reached a new high despite the tariffs. It seems like the only ones hurt by the tariffs are Americans.
Ford and GM have moved their electric car manufacturing to China and Harley Davidson is building it`s motorcycles in England and France. Our soybean farmers are collecting welfare.
U.S. imports hit all-time high, trade deficit with China sets new record despite tariffs
Well, this didn't age well.


Economy “Unexpectedly” Grew at 3.2% Clip in First Quarter Boosted by SHRINKING TRADE GAP

The US economy surged “unexpectedly” in the first quarter of 2019 to 3.2% growth.
Economists predicted a 2.5% growth.

The US economy was boosted by a SHRINKING trade gap.
Wall Street Journal.

A factor that boosted growth was a shrinking trade gap. The pace of American exports continued to rise in the first quarter, while the rate of imports fell, as Americans cut back on purchases of foreign goods.”

President Trump is winning the trade war.
Way to ratchet up the lefty scums’ butthurt!
 
The trade deficit with China reached a new high despite the tariffs. It seems like the only ones hurt by the tariffs are Americans.
Ford and GM have moved their electric car manufacturing to China and Harley Davidson is building it`s motorcycles in England and France. Our soybean farmers are collecting welfare.
U.S. imports hit all-time high, trade deficit with China sets new record despite tariffs
Well, this didn't age well.


Economy “Unexpectedly” Grew at 3.2% Clip in First Quarter Boosted by SHRINKING TRADE GAP

The US economy surged “unexpectedly” in the first quarter of 2019 to 3.2% growth.
Economists predicted a 2.5% growth.

The US economy was boosted by a SHRINKING trade gap.
Wall Street Journal.

A factor that boosted growth was a shrinking trade gap. The pace of American exports continued to rise in the first quarter, while the rate of imports fell, as Americans cut back on purchases of foreign goods.”

President Trump is winning the trade war.
The soybean farmers are pretty happy

China buys more U.S. soybeans as trade talks kick off: traders - Reuters
 
American liberals are PISSED that good things are happening for the American economy and for average Americans.
 
The trade deficit with China reached a new high despite the tariffs. It seems like the only ones hurt by the tariffs are Americans.
Ford and GM have moved their electric car manufacturing to China and Harley Davidson is building it`s motorcycles in England and France. Our soybean farmers are collecting welfare.
U.S. imports hit all-time high, trade deficit with China sets new record despite tariffs


Great news

I know soy bean & corn farmers that voted for Trump in 2016 that are (now) wondering WTF did we do? :9:
great news?....
Great news in the long run if it wakes some people up. Big Picture.
I would say that an average of over 3% annual growth describes the big picture very well, dude.
 
The trade deficit with China reached a new high despite the tariffs. It seems like the only ones hurt by the tariffs are Americans.
Ford and GM have moved their electric car manufacturing to China and Harley Davidson is building it`s motorcycles in England and France. Our soybean farmers are collecting welfare.
U.S. imports hit all-time high, trade deficit with China sets new record despite tariffs
Well, this didn't age well.


Economy “Unexpectedly” Grew at 3.2% Clip in First Quarter Boosted by SHRINKING TRADE GAP

The US economy surged “unexpectedly” in the first quarter of 2019 to 3.2% growth.
Economists predicted a 2.5% growth.

The US economy was boosted by a SHRINKING trade gap.
Wall Street Journal.

A factor that boosted growth was a shrinking trade gap. The pace of American exports continued to rise in the first quarter, while the rate of imports fell, as Americans cut back on purchases of foreign goods.”

President Trump is winning the trade war.

You may want to look at the trade deficits with China and how much we owe...
 
The trade deficit with China reached a new high despite the tariffs. It seems like the only ones hurt by the tariffs are Americans.
Ford and GM have moved their electric car manufacturing to China and Harley Davidson is building it`s motorcycles in England and France. Our soybean farmers are collecting welfare.
U.S. imports hit all-time high, trade deficit with China sets new record despite tariffs
Well, this didn't age well.


Economy “Unexpectedly” Grew at 3.2% Clip in First Quarter Boosted by SHRINKING TRADE GAP

The US economy surged “unexpectedly” in the first quarter of 2019 to 3.2% growth.
Economists predicted a 2.5% growth.

The US economy was boosted by a SHRINKING trade gap.
Wall Street Journal.

A factor that boosted growth was a shrinking trade gap. The pace of American exports continued to rise in the first quarter, while the rate of imports fell, as Americans cut back on purchases of foreign goods.”

President Trump is winning the trade war.
The soybean farmers are pretty happy

China buys more U.S. soybeans as trade talks kick off: traders - Reuters
Why are they happy? From the article: China`s latest purchases brings the total tons bought to 12.7 million compared to 28 million tons sold at the same point last year. You should read the link before posting it in order to avoid looking like a complete idiot.
 
Trump was a fool to declare a trade war against the world

If he wanted a trade war with China, he should have partnered with the EU and forced a favorable competition environment

Instead, it is us against the world

Fair point...problem is EU is locked in a death Grip with Russia over Nat Gas....not sure they would cooperate.

Yes China is a mighty foe, they're big...they have cash, they use their heads and they have an extreme tolerance for adversity.

Jo
 
The trade deficit with China reached a new high despite the tariffs. It seems like the only ones hurt by the tariffs are Americans.
Ford and GM have moved their electric car manufacturing to China and Harley Davidson is building it`s motorcycles in England and France. Our soybean farmers are collecting welfare.
U.S. imports hit all-time high, trade deficit with China sets new record despite tariffs
Well, this didn't age well.


Economy “Unexpectedly” Grew at 3.2% Clip in First Quarter Boosted by SHRINKING TRADE GAP

The US economy surged “unexpectedly” in the first quarter of 2019 to 3.2% growth.
Economists predicted a 2.5% growth.

The US economy was boosted by a SHRINKING trade gap.
Wall Street Journal.

A factor that boosted growth was a shrinking trade gap. The pace of American exports continued to rise in the first quarter, while the rate of imports fell, as Americans cut back on purchases of foreign goods.”

President Trump is winning the trade war.
The soybean farmers are pretty happy

China buys more U.S. soybeans as trade talks kick off: traders - Reuters
Why are they happy? From the article: China`s latest purchases brings the total tons bought to 12.7 million compared to 28 million tons sold at the same point last year. You should read the link before posting it in order to avoid looking like a complete idiot.
Never knew how in love Democrats were with Soybean Farmers, it's that tofu crap, right?
 
The trade deficit with China reached a new high despite the tariffs. It seems like the only ones hurt by the tariffs are Americans.
Ford and GM have moved their electric car manufacturing to China and Harley Davidson is building it`s motorcycles in England and France. Our soybean farmers are collecting welfare.
U.S. imports hit all-time high, trade deficit with China sets new record despite tariffs
Well, this didn't age well.


Economy “Unexpectedly” Grew at 3.2% Clip in First Quarter Boosted by SHRINKING TRADE GAP

The US economy surged “unexpectedly” in the first quarter of 2019 to 3.2% growth.
Economists predicted a 2.5% growth.

The US economy was boosted by a SHRINKING trade gap.
Wall Street Journal.

A factor that boosted growth was a shrinking trade gap. The pace of American exports continued to rise in the first quarter, while the rate of imports fell, as Americans cut back on purchases of foreign goods.”

President Trump is winning the trade war.

You may want to look at the trade deficits with China and how much we owe...
The Trade Deficits are immediately paid in lost GDP, they don't accumulate.

Foreign Trade - U.S. Trade with China

Jan/Feb deficit numbers are in and they are both improved over last year. The trade deficit improvement is part of the improved GDP number.

So far, globally, Trump has:
Reduced Imports
Increased Exports, and
Spiked Customs/Duties revenue to the Federal Government.

fredgraph.png
 
what happened to the trade deal with China that was supposed to be done by the end of March, 2019; at the latest?????????

This is the SAME DEAL that was supposed to be done by the end of December, 2018.

So, where the Hell is it?
 
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We are the losers of this Trump dumb trade wars.
Trade deficits with China went up not down.
Well they did as Trump was ramping up Tariffs, that's pretty common, front loading to beat a price increase, but, 2019 numbers are starting to roll in and they are beating 2018 numbers, which is part of why our GDP number was so strong in the First Quarter of 2019. 3.2% is the best 1st Quarter reading in several years.
... At the same time prices of commodities went up...
Actually Inflation is not a problem at all, that's why the Fed backed off on interest rate increases.

fredgraph.png
 
what happened to the trade deal with China that was supposed to be done by the end of March, 2019; at the latest?????????

This is the SAME DEAL that was supposed to be done by the end of December, 2018.

So, where the Hell is it?
These things take time and our Trade Deficit with both China and the World is improving while we negotiate, so what's your hurry?
 
what happened to the trade deal with China that was supposed to be done by the end of March, 2019; at the latest?????????

This is the SAME DEAL that was supposed to be done by the end of December, 2018.

So, where the Hell is it?
These things take time and our Trade Deficit with both China and the World is improving while we negotiate, so what's your hurry?


Oh, OK; I get it. It's like when Trump said 'repeal & replace' and EVERYONE will have "great health care" and of course that never happened.
So, when Trump says the China trade agreement is gonna be finalized by the end of 2018, and then it is NOT, then the date goes out to the end of March, 2019, then it is NOT.

Got it. NO trade deal; just bullshit. Got it. Just like 'health care.' Got it.

Why don't you just keep repeating to yourself, "what's the hurry" and then you & everyone else will forget about a trade deal, eventually. LOFL .......
 
what happened to the trade deal with China that was supposed to be done by the end of March, 2019; at the latest?????????

This is the SAME DEAL that was supposed to be done by the end of December, 2018.

So, where the Hell is it?
These things take time and our Trade Deficit with both China and the World is improving while we negotiate, so what's your hurry?


Oh, OK; I get it. It's like when Trump said 'repeal & replace' and EVERYONE will have "great health care" and of course that never happened.
So, when Trump says the China trade agreement is gonna be finalized by the end of 2018, and then it is NOT, then the date goes out to the end of March, 2019, then it is NOT.

Got it. NO trade deal; just bullshit. Got it. Just like 'health care.' Got it.

Why don't you just keep repeating to yourself, "what's the hurry" and then you & everyone else will forget about a trade deal, eventually. LOFL .......
Too bad the stains in congress keep obstructing....
 

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