Despite President Trump’s punitive tariffs on Chinese imports to the U.S., American businesses seem bullish on China, with profits up, and few interested in moving manufacturing out of the People’s Republic. But Bill Whittle sees trouble down the road for China’s long-running economic surge.
While President Trump says the economy is great, and the coming Chinese trade deal will be great, White House talk of a payroll tax cut lends credence to the media’s recession narrative. Democrats running for president in 2020 would love to neuter the incumbent’s best campaign issue. Could Trump turn the tide by lifting the punitive tariffs against China to boost the economy and bring much-needed relief to U.S. farmers?
Has the United States, in the era of Trump, lost its global moral leadership? President Donald Trump levies tariffs on China and talks tough about a new trade deal, but says little about the very public crackdown on protestors in Hong Kong. While he’s been bold on trade, this week he caved on his threat to invoke higher tariffs in September. Critics say the timing makes him look meek on human rights.