Trump's Backfiring Trade Policy

9/12/2019 1:26:00 PM

Thirty months into Trump’s radical trade policy, and as trade disputes with China escalate and risk turning into a currency war, it's time to take stock. Trump promised far better trade deals, fair treatment of American firms and to reduce the trade deficit. Sadly, none of these goals has been met.

, which depends more on fiscal than trade policy, is larger than when the President took office. Tariffs are not reducing imports. Tariffs are shifting the source of imports to third parties, such as Vietnam, and increasing their cost for U.S. consumers.

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Employment in manufacturing has increased, but it has just kept up withemployment in the rest of the economy. This, too, was not a surprise, since jobs in manufacturing depend far more on automation and tastes than on trade policy.As for fair treatment of U.S. firms, according to Global Trade Alert, nearly 18 percent of U.S. exports were at risk from tariff increases by other Group of 20 countries last month compared to about 8 percent in 2016. According to the

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Weird if a president fights for his people to get out of stupid and unfair trade deals that everyone wants to criticize him. Or do you idiots want China to get richer and the US just keeps on building an even more massive deficit. Did you even listen when Trump explained it all? If the Democrats were standing with the president instead of being the dividers these foreign countries would see America united instead of divided in our trade war would be going better but he stay the course and Trump will win again and the Dem’s will be scratching their heads

And, you would have us just continue to let China rip us off? So You want to strip the president of strategy that hasn't self destructed as you predict! That sounds like taking a crap without pulling your pants down. You have the Cart before the horse! HouseCracka BreitbartNews business BBCNews Au contraire, it’s working like a charm...

To be fair, it’s not a “policy.” It’s simple incoherence wrapped in ignorance.

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Leon Panetta: Trump hasn’t accomplished a major ‘foreign policy objective’'This president has not accomplished any major foreign policy objective. And the result is that we have a very dangerous world as a consequence.' - Leon Panetta on Trump. Yet he wrote what he wrote about PRESIDENT Obama. Just to sell a book? Says the worst and most corrupt member of Obamas team Hey Leon ,did you find those weapons of mass destruction yet.6400 American troops DEAD 24000 WOUNDED and over 100,000 Iraq people Dead ,millions homeless ..these are just some of your great foreign policies ..p.s.lets not forget Libya FUleon