Blaine Sweeter
Diamond Member
- Jul 26, 2019
- 5,210
- 4,727
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US exports down more than US imports. The house loses as the First Bankrupt runs out of chips.
Wasn't Donald Trump's strategy to increase US exports?
It's looking like wrong-way Donnie is driving in reverse without a rear vision camera or mirror.
Donald Trump is not shooting Uncle Sam in one foot. He has shot both feet.
Donald Trump s extremely ignorant because the mark-ups on Chinese are 2x to 6+ x factory price. That mark-up goes to Americans. The adverse effect on GDP of reduced Chinese imports is higher than the value of the imports.
Bloomberg - Are you a robot?
U.S. Goods Trade Deficit With China Reaches Five-Month High
By Katia Dmitrieva
August 2, 2019, 7:30 PM GMT+7
America’s merchandise trade deficit with China widened slightly in June to a five-month high, government figures showed Friday, a day after President Donald Trump threatened to ratchet up tariffs on a slew of additional imports from the Asian nation.
The gap stood at a seasonally adjusted $30.2 billion after $30.1 billion a month earlier, according to the Commerce Department. The value of American exports to China declined more than imports. The overall U.S. shortfall in goods and services trade narrowed by less than forecast, to $55.2 billion in June. ...
Trump is a fuck up of galactic proportions. WORST FUCKING POTUS EVER.
It must have hurt old Rupert Murdoch, Trump's buddy, to let this run in the WSJ.
Manufacturers Cut Spending as Trade War Dents Confidence
Uncertainty over tariffs, demand causes companies to delay investments, hiring plans
Manufacturers Cut Spending as Trade War Dents Confidence