- Banned
- #1
Trump: 'We're not ready' to make a trade deal with China
President Trump said on Monday that the U.S. is "not ready" for a trade deal with China, but that he does foresee an agreement "sometime in the future."
Trump said at a joint press conference in Japan with Prime Minister Shinzo Abe that Beijing wants to make a deal, while suggesting that tariffs on Chinese goods could increase, according to a White House transcript of the press conference.
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So, Trump has been promising a 'trade deal' with China in the 'trade war' that Trump started nearly two years ago but the US is not ready for a trade deal with China, now.
No surprise, as Trump has always been the consummate liar.
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Trump's China trade stance has political risks as he seeks re-election - Reuters
When he ran for president in 2016, Donald Trump delighted crowds with his harsh rhetoric on China. As he runs for re-election in 2020, he is likely to keep talking tough, but the reception - at least in some key states - may not be as euphoric.
The trade war could continue for some time, bleeding directly into Trump’s efforts to win a second four-year term. Some states that helped propel him to victory in 2016, including farmer-heavy Iowa, have been hit hard by the trade dispute.
“If ... he doesn’t resolve this by the time we get deep into the presidential campaign and we have pain in the soybean parts of the country ... it’s going to be a real problem for him,” said one former Trump administration official, speaking on condition of anonymity.
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Trump is creating a political wind fall for the Democrats with the 'Trump trade war' going into the 2020 campaign season.
President Trump said on Monday that the U.S. is "not ready" for a trade deal with China, but that he does foresee an agreement "sometime in the future."
Trump said at a joint press conference in Japan with Prime Minister Shinzo Abe that Beijing wants to make a deal, while suggesting that tariffs on Chinese goods could increase, according to a White House transcript of the press conference.
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So, Trump has been promising a 'trade deal' with China in the 'trade war' that Trump started nearly two years ago but the US is not ready for a trade deal with China, now.
No surprise, as Trump has always been the consummate liar.
-----------------------------------------------------------------------------------------------------------------------------------------
Trump's China trade stance has political risks as he seeks re-election - Reuters
When he ran for president in 2016, Donald Trump delighted crowds with his harsh rhetoric on China. As he runs for re-election in 2020, he is likely to keep talking tough, but the reception - at least in some key states - may not be as euphoric.
The trade war could continue for some time, bleeding directly into Trump’s efforts to win a second four-year term. Some states that helped propel him to victory in 2016, including farmer-heavy Iowa, have been hit hard by the trade dispute.
“If ... he doesn’t resolve this by the time we get deep into the presidential campaign and we have pain in the soybean parts of the country ... it’s going to be a real problem for him,” said one former Trump administration official, speaking on condition of anonymity.
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Trump is creating a political wind fall for the Democrats with the 'Trump trade war' going into the 2020 campaign season.
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