The CEO of the U.S. Chamber of Commerce told CNBC on Tuesday that President Donald Trump delayed tariffs in part to avoid a recession during the upcoming 2020 presidential election.
"Nobody wants to run for president, on either party, in the middle of a recession," Tom Donohue said onEarlier Tuesday, the U.S. Trade Representative announced that new tariffs, originally scheduled to go into effect Sept. 1, for some consumer items. In addition, some products are being removed from the new tariff list altogether due to "health and security factors."avoid impact on Christmas shoppingIn response to a question about how much this postponement is about a possible trade deal between U.S. and China rather than giving American businesses time to adjust, Donohue said this adjustment is "common to the way we've seen the administration work.
The administration tends to "set up a difficult objective, [then] make adjustments going on further based on the way people operate and react and more importantly, [see] how the markets and the political process work."
It's the people's choice weather or not to buy China goods. We've done this to ourselves.
He CAN NOT STOP WHAT’s COMING None Of Them Across THE PLANET.. FIRE SALE IMMINENT.. Citizens Protect Yourselves. seconds Left On The Big Clock. Read Between The Lines Without Haste. 8135792468 ⚠️💥❌
So his tariff strategy is idiotic.
The left is praying for a recession - Bill Maher?
Is Trump going to avoid a recession during election? I doubt it. Many already going thru recession. Many underemployed many part time many multiple jobs. Only Trump's crony billionaires will never have a recession!
It is coming anyway
Orange man delayed tariffs in part to avoid a recession during 2020 eating contest, says US Chamber of Commerce president Donohue
RecoveryForQ
And afterwards? No Problem for Trump.
Donohoe is a Blowhard and doesn’t represent the worker. He’s owned by the globalists and could care less about families, tax bases or schools
He is playing the market for all it is worth.
probably a smart move. China is over there trying to wait and find out if they're gonna have to deal with him another 4 years. Hint: they are.
of course, and further he doesn't want a deal before the election. if we had a deal why would we need him?
Chamber of commerce ain’t what it used to be. I’d rather get advice from the lady at th quickie mart!
Pfffff only the mindless would believe this. What a farce. The elites are not erudite.
he found a way to manipulate the markets.
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