Trump and Jinping are playing a game of chicken and Trump has already slammed on the brakes while Jinping still has 1000m of track left in front of him.
If I were them, I wouldn’t make a deal either - Trump had to be reminded by all the big box giants just how much he needs cheap Chinese goods to keep the shelves stocked. They have all the power and hold a shit ton of US national debt so they can wait out a trade war indefinitely while Trump will use any tariff profits to bail out farmers and other industries impacted by them not being able to sell to China at a 140% markup or whatever they set their nonsensical made-up tariff rates at.
Trump will use any tariff profits to bail out farmers and other industries impacted
I remember when UK right wing lying populist Boris Johnson (who only really cares about himself) promised to bail out farmers and other industries adversely affected by his insane isolationist Brexit policy.
Here’s US right wing lying populist Donald Trump (who only really cares about himself) and you think he’s gonna bail out farmers and other industries adversely affected by his insane isolationist global trade war policy?
It’s not why, but when. He already did this during his first term, the first time he started a trade war with China (which he lost).
He didn’t bail out the farmers because he actually cares about them, but because there was an election in 2020 that he was trying to win and needed their support.
Remains to be seen if he will bother to help them again this time. He’s talking about a 3rd term and other frightening shit, but his second term has been moving so fast that I’d like to think he doesn’t care about what the public thinks anymore, he just wants to extract as much value of of the position as possible.
Trump didn’t pay them, the American public did with the tariff revenue. He has absolutely no qualms spending other people’s money on stupid shit, especially if it makes him look good in their eyes. He would never directly pay for anybody’s relief.
Trump and Jinping are playing a game of chicken and Trump has already slammed on the brakes while Jinping still has 1000m of track left in front of him.
If I were them, I wouldn’t make a deal either - Trump had to be reminded by all the big box giants just how much he needs cheap Chinese goods to keep the shelves stocked. They have all the power and hold a shit ton of US national debt so they can wait out a trade war indefinitely while Trump will use any tariff profits to bail out farmers and other industries impacted by them not being able to sell to China at a 140% markup or whatever they set their nonsensical made-up tariff rates at.
I remember when UK right wing lying populist Boris Johnson (who only really cares about himself) promised to bail out farmers and other industries adversely affected by his insane isolationist Brexit policy.
Here’s US right wing lying populist Donald Trump (who only really cares about himself) and you think he’s gonna bail out farmers and other industries adversely affected by his insane isolationist global trade war policy?
Why would he do that?
What have farmers got to offer Trump?
It’s not why, but when. He already did this during his first term, the first time he started a trade war with China (which he lost).
He didn’t bail out the farmers because he actually cares about them, but because there was an election in 2020 that he was trying to win and needed their support.
Remains to be seen if he will bother to help them again this time. He’s talking about a 3rd term and other frightening shit, but his second term has been moving so fast that I’d like to think he doesn’t care about what the public thinks anymore, he just wants to extract as much value of of the position as possible.
Yeah, a Trump never pays his bills, so why would he start paying other people’s bills?
Trump didn’t pay them, the American public did with the tariff revenue. He has absolutely no qualms spending other people’s money on stupid shit, especially if it makes him look good in their eyes. He would never directly pay for anybody’s relief.