Posted 5/14/2019 12:36 (#7496948 - in reply to #7496880) Subject: RE: Pat Buchanon on Tariffs-great read
The Chinese are our enemies. So let's deal in facts, rather than self-interested wishes.
The fact of the matter is, Trump understands that the Chinese will not abide by ANY agreement that they sign. You cannot name a single agreement, trade or otherwise, that the ChiComs have ever abided by. So any agreement that the US signs with them restricts us unilaterally.
Trump Admin also has ALL the cards in this game of poker. Trump has his lower levels leak that he "is desperate for a trade agreement" and the Chinese fall for it every time. They try to move the goal posts and make outrageous last second changes to the proposed agreement. Trump gets to walk away from the table smelling like a rose. The US economy ROARS and the Chinese economy falters Hell, they are running out of things to levy tariffs against in retaliation, because they never really imported anything from the US in the first place! Which they have promised to do many times before and never followed through.
Mark it down: Trump will never sign a trade agreement with China. If he is reelected, there will be no trade agreement with China for the next 5+ years. It will be great for the US economy, but farmers will be collateral damage.
Every single thing that the Trump Admin says in the news regarding a trade agreement is subterfuge and misdirection. They have absolutely no intention of throwing China a lifeline. They are going to let them pound sand.