01-14-2019, 07:32 PM
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Too lazy to set a custom title
Industry Role:
Join Date: Oct 2002
Location: Punta Cana, DR
Posts: 29,898
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Quote:
Originally Posted by TampaToker
In regards to Chine Trump picked the right time with the tariffs war. Since this started China's stock market is down 30% and will continue to go do. I am not crowning Trump anything there are way to many factors to place blame or success on a man for our markets. Was i am concerned about is what the feds do in 2019. If they do not act foolishly we will beat china but about a month ago the feds did say they were worried about the global economy that scares me.
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sure ..... great move :
Quote:
“Trade wars are good and easy to win,” he tweeted last March.
In an address Monday to the American Farm Bureau Federation, Trump said his negotiations with China were “going very well,” but figures released Monday by the Chinese government showed that his plan isn’t working. Instead the U.S. trade deficit with China grew 17 percent in 2018, to a record $323.32 billion. Over the past year, as Trump launched a trade war with Beijing, Chinese exports to the U.S. grew by 11.3 percent, while China’s imports of American goods rose just 0.7 percent. American farmers have borne the biggest short term brunt of Trump’s policies, with U.S. soybean exports to China falling 98 percent in 2018 as Beijing retaliated against tariffs imposed by the president.
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First year of Trump :
Quote:
By Jacob M. Schlesinger and Harriet Torry
Updated Feb. 6, 2018 12:18 p.m. ET
WASHINGTON—The U.S. trade deficit in goods and services grew 12% last year to $566 billion, its widest mark since 2008 and a challenge for President Donald Trump, who has pledged to rebalance the nation’s books with the rest of the world.
The goods deficit with China alone rose 8% during Mr. Trump’s first year in office to a record $375.2 billion, or nearly half the total global gap between U.S. imports and exports, the Commerce Department said Tuesday.
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