Ok but you have not refuted any of my points so let's just leave it at that. Trump is not doing individual deals so he fails your test. We have less bargaining power now that emerging countries have enough buying power to take exports we tariff away. I do however think you are entitled to your opinion but NOT to your own Facts: Key Findings (Tax Foundation) We estimate that the Trump administration’s imposition of tariffs, along with retaliatory actions taken by our trading partners, will reduce economic output, income, and employment. The Trump administration has so far imposed more than $88 billion worth of new taxes on Americans by levying tariffs on thousands of products, which is equivalent to one of the largest tax increases in decades. Tariffs imposed so far by the Trump administration are estimated to reduce long-run GDP by 0.26 percent, wages by 0.16 percent, and employment by 198,700 full-time equivalent jobs. The administration’s outstanding threats to impose additional tariffs would, if acted upon, further reduce GDP by 0.24 percent, wages by 0.17 percent, and employment by 184,200 full-time equivalent jobs. The negative economic effects of imposed, threatened, and retaliatory tariffs threaten nearly a third of the projected long-term economic gains from the Tax Cuts and Jobs Act.. OR Estimates of the average gross annual cost of tariffs levied in 2018 through the first half of 2019 tend toward $800 per household. Estimates of net costs vary more widely. When setting aside policy uncertainty, they vary from about $60 to $500. OR FORBES The Trump administration argues that its deregulation efforts have boosted the U.S. economy. However, new research shows the tariffs Donald Trump has imposed on steel and various imports from China will soon overwhelm the economic benefits from the administration’s regulatory policies. OR President Donald Trump has promised throughout his presidency to revive American manufacturing by putting punishing tariffs on foreign competition. But a new study from the US Federal Reserve suggests that his efforts have backfired — and that the manufacturing sector is worse off than it was before the president began his protectionist trade policy. Facts > Opinion
Ha ha I ppost 4 to 5 facts and you pick one to make your case... Ok..you said several times that your OPINION is the deal and tariffs were great... I will let the facts speak for themselves. I realized you are not qualified to have this discussion becuase you have not done the research or can intelligently discuss it. All you cite is that teh Tax Foundation may overestimate tax burdens but they still had an effect that resulted in a tax increase. That is still a fact. Stop being stubborn and praising a man who you have no connection to and just research facts. Idol worship is not becoming.
I just happen to see other facts that you obviously prefer to ignore. China came to the negotiating table after Trump held up HK protestors, with tariffs still in place, and praising new trade phase one deal with the US. Do you really think Trump is being weak? You just want to see what you want to see, and only time will tell, but I can almost be certain that if/when phase 2 is signed you will also find fault in it, because TDS you know. Sorry I don't reply to each point you make, I just don't have that type of time. You will not change your mind anyway, and I will not either. Phase 2 is crucial. Let's see if and when it happens. In the meantime China keeps losing, we keep winning. (yeah I know that is an opinion, my guess yours is China keeps winning, the US keeps losing ) EDIT: just see how the US and the Chinese economies are doing. Who is winning?
I dont offer opinion just facts and I presented them. You are entitled to your opinion, but we cannot dispute facts. 6.1% is "weak" compared to the U.S.? I still say China is winning... Winning?
LMAO....wow you do not know economics. GDP per capita..... China's population is 4 times ours. DO you know what per capita means? Did you take Economics 101? We are talking about economies not how much each person contributes to GDP hahhaha.
yes sir, per capita means per capita. Population number is irrelevant when comparing GDP per capita. In essence, per capita, China is 4 times poorer. is that your point? LMAO!!!! I didn't say anything about your absurd percentage growth comparisons between a developing economy to a mature economy. That is like comparing apples to oranges. Vote Trump 2020!