We will see.
Just a reminder though. Trump has been on the subject, since before he even ran.
We currently are running the largest trade deficit in recorded history, between any two countries, ever.
With China.
Last year. And this year, it has been increasing even more, every single month.
Trump better get $25 lousy billion for the Wall he promised by September 30 or this love affair is in real trouble and will badly hurt the midterms.
Also higher trade deficits signal a growing economy. And Walmart has put out notices to their suppliers they should look for other manufacturing venues besides China. As this goes on, more manufacturers will start leaving China who go somewhere else.
Trump recently on twitter:
“Ford has abruptly killed a plan to sell a Chinese-made small vehicle in the U.S. because of the prospect of higher U.S. Tariffs.” CNBC. This is just the beginning. This car can now be BUILT IN THE U.S.A. and Ford will pay no tariffs!” Sept 9, 2018.
It’s now a fluid trade with the world. As Trump cuts deals with other countries like Philippines, Malaysia, Vietnam, Taiwan, et cetera, China will be the one cut short. China retaliates with$ 60 billion Trump hits $200 billion. China has a losing hand.
Read the thread just above this. China has the surplus US Dollars to buy ports in Israel after buying ports in 4 dozen other places in foreign lands.
The easiest and best way to strange Chinese military ambitions is to tariff the heck out of their exports.
Is it tariffs on $200 billion per year in goods, or $200 billion in tariff fees?
Many news reports confuse the two.
Trump Said to Want $200 Billion in China Tariffs Despite Talks
The title should be:
Trump Said to Want Tariffs on $200 Billion of Chinese Imports Despite Talks
See the difference? A tariff on $200B of imports raises what ever the percent is of the tariff on $200B, for instance 5%. This would raise $10B in revenue and not $200B like the title implies!
We are being manipulated again.