Posted on 01/12/2019 9:49:18 AM PST by bitt
President Trump is gaining the advantage over China in his long-term trade strategy, proving the naysayers wrong with his decision to use tariffs as leverage.
When Donald Trump first introduced his aggressive trade policy and imposed targeted counter-tariffs to push back against China’s rampant trade manipulation, most of the so-called experts remained skeptical.
President Trump’s strategy was deemed too dangerous by commentators, who also predicted that it would be powerless to contain China’s economic aspirations. The president never wavered, though—and his commitment has paid off faster than anyone could have predicted.
Beijing last month announced it would cut tariffs on imported U.S. cars—a major concession in a trade war that increasingly is tipping in Washington’s favor. The decision to slash tariffs on American-made cars from 40 percent to 15 percent came the week after President Trump met face-to-face with President Xi Jinping in Argentina and announced that both countries are on the verge of a breakthrough on trade.
Of course, China’s sudden concession has a direct cause—President Trump repeatedly has pressured Beijing to adopt a fair trade policy toward the United States, knowing that China has a lot more to lose in a direct trade war than America does.
“We are either going to have a REAL DEAL with China, or no deal at all—at which point we will be charging major Tariffs against Chinese product being shipped into the United States,” the President tweeted recently. “Ultimately, I believe, we will be making a deal—either now or into the future. China does not want Tariffs!”
(Excerpt) Read more at amgreatness.com ...
p
Trump truly tries to MAGA.
Something that former presidents totally failed to do.
And you better believe that the Chinese are looking to see if Trump stays committed to the Wall.
The issues are connected. It’s about believing Trump’s resolve.
More tariffs please.
You think the Chicoms are talking to Chuck and Nan on the sly?
I wouldn’t put it past the Nunchucks traitors.
bump
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