SO far the trade war hasn't really hurt the US, and it is hurting China somewhat.
BUT this is just the beginning and this thing looks set to escalate over the next year because China is not going to make any real concessions. This war looks to drag on and escalate and the damage it could do to our economy will increase. It is a very real possibility that this could cause a recession and continue to drag on for years.
If that were the case then Trump would have gotten us into another war that he totally mismanaged, fucked up, and can't win, just like Bush did
The war in Iraq started the same way and then before you knew it, we were bogged down in a total quagmire that we couldn't win, and that completely destabilized the entire region, with no end in sight. Bush made so many mistakes and terrible decisions in Iraq and the results proved that. The war in Iraq was one of the biggest blunders in US history and we have Bush to thank for that debacle and failure.
This trade war could take a turn for Iraq. I think Trump made a major mistake/blunder when he increased the tariffs a few weeks ago. At that time the tariffs were clearly hurting China, but not hurting the US that much so just be patient and sit back and let them damage China and not us, which will help us. Instead raising the tariffs to now 15% and 30% will start to hurt the US and could cause a recession. Also it seems like the tariffs are going to continue to go up, which will hurt us even more. Every move made in this trade war is very important, making the wrong move could make or break the entire outcome of the war.
This trade war could turn sour and then Trump will have passed off another losing war to his predecessor, just like Bush. Two peas in the failed president pod, notta a good look for the GOP.
Lol.....what?
We already know what you're going to do when this trade war turns sour... blame the Democrats. That's what your side always does when it ***** up. According to you the War in Iraq is somehow the democrats fault, and Bush crashing the economy is somehow the democrats fault, despite one big fact. Bush was the "decider" he makes all the "decisions" -remember when Bush said that himself- and when those decisions are wrong and the results of those decisions are bad YOU take responsibility for those bad decisions. You don't pass off blame to others, it is your fault.
If you don't have the foresight to see how this trade war can turn bad and hurt the US and US economy, then you need to start learning real quick. I would advise you to stay away from the financial markets because you exemplify the type of person that loses everything, then blames the brokerage, liberals, everyone else and tries to sue the brokerage to get their money back. It happens.
I'm sure you thought the war in Iraq was going fine in 2003/2004. How'd that turn out for you? (exactly why I made this analogy)