That's how badly Trump has twisted himself around the axle of a trade war with China, and it carries risks for both his policy aims and his re-election campaign. Rather than seeing a caution flag in his party's loss of House seats in the 2018 midterms — many of them in districts deeply affected by his trade agenda — Trump has hit the gas.The gamble is that he can bring China to its knees before economic pain devastates his political coalition.
It's not an entirely partisan issue. Many Democrats, conscious of trade wariness on the left, have been critical of China and supportive of the president's overall efforts to press Beijing.," Senate Minority Leader Chuck Schumer, D-N.Y., tweeted earlier this month — before the latest round of tariffs."Don't back down. Strength is the only way to win with China."
Trump has touted both the health of the stock market and rising gross domestic product growth during his administration as reasons voters should re-elect him. But both could be imperiled by an extended battle with Beijing, according to Phillip Braun, associate chair of the Finance Department at Northwestern University's Kellogg School of Management.
Larry Kudlow, director of the White House's National Economic Council, admitted during an interview with Fox's Chris Wallace on Sunday that American consumers end up paying the premium for tariffs rather than China, as Trump has said repeatedly.
Source: Financial Digest (financialdigest.net)
Duh. He actually believes in America.
bets everything on China😓
TRUMP 2020!
America loves President Trump! ❤️🇺🇸
Trump has no political future!! Trump is already a total failure as President and will never be re-elected!
They tell us they do not have alternatives and are happy with what they receive. They are happy with overtime and that wages may sound low but they have access to many staples that are very inexpensive as well !!!! They want to export to the Untied States !!!
The only real issue for the world is ethical and has nothing to do with this man. What do you buy from a corporation that has a low low hourly rate of pay. In China as we are there, the Church Of Scientology. When we ask the workers that are working at low rates they tell us
Trump is trying to regain for America’s workers in 4 years what his predecessors frittered away over 30 years
Hope it comes back and bites him
Boss
NBC has bias opinion! Knowing China is behind 'Venezuela crisis'-USA backyard on fire. China abused UN power ignited US border crisis-social turmoil inside USA-weaken USA. Prevent USA be next Venezuela, short term pain is worth for generations gain. Stop your harassment to Trump!
Analysis: NBC is not a news organization! They are paid to spread the liberal agenda, even at the cost of destroying the country!
LMAO 2014 I started changing my purchasing anything from China. Woo Hoo did I SCORE. No Walmart either.
Yes and he is losing big time now on several fronts.
Trump said that China paid 100 Billion into the US treasury for the tariffs. that is a complete lie and everyone knows it. A HS economics student knows that consumers pay the tariffs. Why no media push back? No guts
Past performance is a good indicator for someone his age and personality. Every time he placed a huge bet, he lost his shirt. Now he is using our economy to bet on his political future. Even if nobody else has a problem with that, I do.
Remember he bankrupted a few casino's. They have a license to print money, he doesn't have a clue on safe bets.
Donald Trump is done for 2020. Trump’s presidency is a fiasco since day one. Thanks
didn't work out well for smoot-hawlay and americans. lots of suffereing went on for about 6 years . very sad.
Weaker Presidents would simply let USA/CHINA trade imbalance go on for decades.
The same thing that happened when american companies began shutting down and moving to China leaving millions unemployed. But of course the politicians kept telling us for years how much we loved cheap foreign goods.
That's a Wharton man. Best wishes.
Meanwhile screwing-over 🇨🇦!
Don’t think about Russia Think about Iran Think about China Wag the Dog; not a single actual bullet fired.
AbjectMoron
Will he end up declaring the U.S. bankrupt and personally skating once again? He's always playing with other peoples bankroll.
BillionDollarLoser
I am a Republican and I would never vote for Trump, he is an embarrassment.
Will PresidentTrump Win The 2020Election?
Xi may decide to run out the clock to 2020 and turn the heat on Don.
Hi love ypu
In documenting the items and factors of the leadership systems to impose the tariff equivalence based on the addition of the time factor and the management's documentation to identify and document the accommodation items
Wut?
It’s pronounced: Ji-nah
*Trump Wins Tariff Oscar* The Gold Milk? award for the worst performance by a celebrity manipulating global tariffs goes to President Trump. The award was named in honor of one of the hardest hit groups from the ill-considered tariff wars, the U.S. dairy farmers.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: washingtonpost - 🏆 95. / 72 Read more »
Source: washingtonpost - 🏆 95. / 72 Read more »
Source: USATODAY - 🏆 100. / 63 Read more »
Source: washingtonpost - 🏆 95. / 72 Read more »
Source: washingtonpost - 🏆 95. / 72 Read more »
Analysis | The Health 202: Trump will call on Congress to protect Americans from surprise medical billsAnalysis: Trump will call on Congress to protect Americans from surprise medical bills ? We want universal healthcare What about pre-existing conditions? What about all medical bills?
Source: washingtonpost - 🏆 95. / 72 Read more »
Analysis | Trump himself has hinted at meeting migrants at the border with violenceTrump has a history of hyping the danger of and encouraging violence against migrants. I hope they Avocado your ass😂😂 guns and nutters Despicable DJT
Source: washingtonpost - 🏆 95. / 72 Read more »
Source: washingtonpost - 🏆 95. / 72 Read more »
Source: washingtonpost - 🏆 95. / 72 Read more »
Source: washingtonpost - 🏆 95. / 72 Read more »
Analysis | Trump: Mueller and his team were hopelessly biased and also completely cleared my familyAnalysis: Trump wants his exoneration and to disparage it, too. Donald J. Trump continues to prove he lacks the temperament and emotional intelligence to continue as President. The trump investigation was so over the top partisan and biased the investigators were almost all connected to Hillary or her campaign and they still found nothing he has to be the most squeaky clean person in the country to come out of that with nothing found.
Source: washingtonpost - 🏆 95. / 72 Read more »