WTF? RETARD.
Sure "ACTIONS"..............
“I am very happy with over $100 Billion a year in Tariffs filling U.S. coffers,”
tweeted President Trump this month. This money is “great for U.S., not good for China!”
The President’s accounting is, unfortunately, way off. First, his China tariffs last year netted the government
less than a tenth of what he claims. Second, those tariffs were
not paid by China, but by
American companies importing Chinese goods—much of them components needed to manufacture products in the United States
Yet as we
pointed out last December, Trump's tariff claims have a bigger flaw. In 2018, the U.S. government committed to paying American farmers $9.6 billion to offset their losses from Chinese tariff retaliation. This is about
$1 billion more than it took in all year from Trump’s China tariffs. Tariffs, therefore, ending up not just harming American companies and consumers, but costing the
government money. More money
left “U.S. coffers” to offset farm losses than came into them from U.S. importers.
View attachment 775479
Politico
https://www.politico.com › newsletters › 2022/01/13
Jan 13, 2022 — President DONALD
TRUMP hailed the Jan. 15, 2020, signing of the U.S.-
China Phase One
trade deal as a “momentous step … toward a future of ...
View attachment 775481
Fortune
https://fortune.com › 2021/02/09 › trump-china-trade-de...
Feb 8, 2021 — The U.S. and
China signed the “phase one”
trade agreement in January 2020, and its “centerpiece” was
China's pledge to purchase $200 billion ..
EVERYTHING the incompetent retard was involved in, turned to shit.