Quote:
Originally Posted by zeek
It's a good thing the only country Trump is slapping tariffs on is China. Cuz otherwise he might have started a trade War in which no one benefits ultimately. Right?
|
The issues with the European union, by comparison are minor, and I imagine will be easily resolved. It would be hypocrisy to try and negotiate with them without putting sanctions on China. But, putting sanctions on China threatens an all out worldwide trade war. Everyone knows that would provoke a worldwide recession.
My guess is (my hope) that many of the countries we are negotiating with will quickly offer some concessions so that both countries can walk away with a "win". Meanwhile that gives us even more leverage to turn the screws on China.
Let's be realistic, if Trump can give $12 or 13 billion to the farmers, that will easily cover them for an entire year. Can China really play hard ball that long?