President Donald Trump arrives to speak at a rally at Aaron Bessant Amphitheater, Wednesday, May 8, 2019, in Panama City Beach, Fla. photo credit: ASSOCIATED PRESS
Clearly, no one is betting on it. The Dow is down nearly 400 points and China's A-shares, as represented by the CSI-300 Index, is down over 3%. Both Nancy Pelosi and Chuck Schumer, high ranking Democrats, agree with Trump's tough stance on China. Trump's tariffs, however, have also helped the Democrats win back the House of Representatives as farm counties hit with China's retaliatory tariffs voted Republicans out of office in November 2018. photo credit: ASSOCIATED PRESS
It hasn't been an overnight shift, but supply chains are definitely shifting out of China. Tiffany Zarfas Williams, owner of retail firm The Luggage Shop in Lubbock, Texas says she is looking for luggage and travel bags that are not Made in China."We are looking to shift our supply chain," she said, begrudgingly, during a conference call with reporters on Thursday.
China knows they are indispensable to U.S. business. It drives many in Washington crazy. The question many people are asking now is if China opts to wait out the Trump presidency and just deal with the tariffs, in hopes they do not lose too much business to the Americans. Trump said that China really prefers dealing with"weak Democrats", calling out Obama's vice president and presidential candidate Joe Biden in particular. He might be right.
You would like us to be panicking. You'd clearly like America to continue being screwed because you hate the president. Sad. Selfish, elitist, egomaniacal, etc are great qualities in a leader, not some community organizer that gives away the Treasury to anyone that asks.
Nah, we’re good.
Nope...no panic. Stop The LIES
Stop spreading bullmanure.
How did you find out?
why would his base panic? They believe this is just $$$ coming into USA from China. SMH
I consider myself part of his base and I am proud we put someone in Office who finally has the stones to take on China
fakenews Trump supporters WANT him to stand up to China and weaken China’s global ambitions.
No We’re not upset at all if he can’t get fair trade we don’t want to trade with them at all. We can all we need here in the US Fake News
Trade between US and China has made US poor, such as 10 trillion$ before trade, 2 trillion$ for China, 12 trillion$ after trade, and 3 trillion$ for China. Before the trade, US was 5 times that of China. After the trade, US only had four times. The United States became poor.
FAKENEWS. TRUMPS BASE LOVES TRUMP KEEPING PROMISES.
Time to find a new supplier. Vietnam, India, Thailand, Cambodia, Mexico, South America, Eastern Europe, OR even USA.
Not really, hit there asses where it hurts.
Lies. We're not panicked.🙄
Incorrect. No panic.
I’m not.
That can’t be the only reason...
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