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trader_4 trader_4 is offline
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Default U.S.-China trade conflict could take years to resolve: Kudlow

On Saturday, September 7, 2019 at 9:40:11 AM UTC-4, Bod wrote:
On 07/09/2019 14:30, trader_4 wrote:
On Saturday, September 7, 2019 at 6:14:15 AM UTC-4, patriot wrote:
On 9/7/19 5:58 AM, Bod wrote:
"Trade wars are easy to solve"

"covfefe"

https://uk.reuters.com/article/us-us...-idUKKCN1VR1S7


Truth be told, previous US presidents negotiated very bad trade deals with China. China has been ****ing the US for years. President Trump has been negotiating a fair trade deal for both sides.

Is China ****ing you (UK) in the ass too?


Perhaps Trump should have asked that question before he started his trade
war with China? We could have had the UK, EU, Canada all together against
China. But instead the stable genius, Art of the Deal master
started trade wars with all of them and so it's the US vs China alone.
He's turned our allies into our enemies. At the G7 if he had done what
he should have been doing, he would have had the G7 aligned against China,
instead he had them mostly aligned against the US, while Trump lobbyied them
to let his pal Putin back in and to hold the next G7 at his Doral property
in Florida.

Spot on.


--
Bod


Wow, years? Kudlow said the China trade war could last a decade.

€œThe stakes are so high, we have to get it right, and if that takes a decade, so be it,€ Kudlow added, drawing parallels to U.S. Cold War competition against the Soviet Union. '"


And the problem with that is that Trump can't lead. If that's what we're
headed for, a long, tough trade war, then Trump needed to frame it that
way, sell it to the American people that way, that this isn't going
to be easy, but it must be done. Instead like you've said,
Trump said tariffs are good and trade wars are easy to win.

If there is any quick resolution to this, it will be by Trump panicking
with the election approaching, folding his tent, signing something
that doesn't change much and declaring it tremendous. That's pretty
much what he did with NAFTA, which BTW is still not approved by Congress either.
Whether he can do it again, with all the hurt to farmers, etc,
who knows. But his trumpets do have a remarkable ability to fail to see
that their emperor has no clothes.