Sorry dude, everything I wrote is absolute correct. This dispute could cause a lot of damaging fallout in other areas of the economy. It’s time to wrap it up and get back to growing out economy. This tariff stuff causes delays in capital spending decisions.
China is already beginning to cave some, BECAUSE OF THE TARIFF THREAT!
For the majority of this nation's history, it relied on...wait for it...brace yourself...TARIFFS!
China has a massive amount of tariffs on our products, which is part of the problem re our trade deficit with that nation.
Our economy has been and still IS growing!
You're no economist and a political naif to boot.
WERE YOU A #NEVERTRUMPER?
DID YOU PAY ANY ATTENTION TO WHAT TRUMP SAID WHEN HE WAS RUNNING FOR THE NOMINATION AND AS THE GOP CANDIDATE, RUNNING FOR PRESIDENT?
DID YOU VOTE FOR TRUMP?
Hint: Compare the growth in GDP, to the product of average wage*# of wage earners.
The money all rolled uphill.
Also, tariffs are a far more sustainable way to gather government revenue that taxes, insofar as they trap companies and money onshore, rather than forcing them elsewhere.
Vox Day has some interesting writeups on this.
You ever wield a 200 million dollar stick and with approval could go higher? I have. I traded commodities. You are so wrong it is laughable. You couldn’t find your own ass with both hands and a map. Trust our president. I see everything he is doing and am in awe. He makes Babe Ruth look like a piker. This Syria thing is an example. SA attacked T4. Then the Russian cruisers departed because more is coming and they were publicly warned. Then some bluster bluster bluster.