China Surrenders to Reality in the Trade Dispute

The Media treats Presidents who are democrats better than they treat those who are republican. Most of you right now are saying, file that under D for Duh. Each day of the last three years with President Trump in office I said they couldn’t get any worse. Each new day brought a new low and a firm head plant in my hand. Good lord it can not get any worse than it was today? In today’s episode I will take a vacation from a scripted presentation and instead share some newspaper headlines. Why? Because the very obvious bias bugs me and my podcast is the closest I can get to screaming STOP at my television.
50 years from now, if someone reviews past news papers for a historical perspective on American Presidents, they are going to get a slanted view…we know that now, but will it make sense to the indoctrinated individual layer? Out public school students are prevented from learning both sides of the discussion…they are instead hit with the personal bias of their teachers. In college I confronted a professor when she openly lied about President Bush’s position on Muslims. Since I was an older student and she was a graduate student, I won the exchange. She did not dare challenge me. Of course I told her in a one on one conversation that I had the means to sue her into oblivion if she screwed around with my grade or treated me at all unfair. I received an A minus from the class…this was almost 20 years ago…how many students today could get away with what I did?
Today I am just going to read some news headlines and share with you some perspective of the potential impact to America. Then we’ll talk about what we should do about it.
Trump Begins Third Year With Low Job Approval and Doubts About His Honesty
Low expectations for Trump’s legacy. About half (47%) think Trump will be an unsuccessful president in the long run, compared with fewer (29%) who think he will be a successful president; 23% say it’s too early to tell.
January 18, 2019 – Pew Research
Obama at 100 Days: Strong Job Approval, Even Higher Personal Ratings
As he approaches the 100-day mark of his presidency, Barack Obama’s job approval ratings are higher than those of his most recent predecessors. However, the 44th president is even more distinguished by his strong personal popularity.
April 23, 2009 – Pew Research
Washington is on the front line of a losing trade war
Congress should not give President Donald Trump more latitude to impose tariffs at will.
Originally published February 10, 2019 – Seattle Times
Trump’s Economic Outlook Is Rosy. That Could Be a Problem.
The damage from President Trump’s global trade war is hurting his administration’s efforts to increase economic growth.
March 11, 2019 – New York Times
China trade war drags consumer sentiment down to the lowest level in three years
Summertime blues? By one measure, Americans are the least confident in the economy in four years.
August 30, 2019 – Market Watch
Trump Trade War Escalation Could Cost 800,000 Jobs, Trigger Deep Recession
Trump Calls Himself ‘The Chosen One’ When Talking About China Trade War
September 11, 2019 – Newsweek
Trump Can’t Win a Trade War Against Everyone
President Trump justifies tariffs as a negotiating tool to get others to lower their own tariffs as well as “a powerful way to get companies to come back to the USA.” But this strategy has failed on both counts.
October 16, 2019 – The National Interest
DONALD TRUMP’S TARIFFS AND TRADE WARS ARE DESTROYING BUSINESS CONFIDENCE AROUND THE WORLD, SURVEY SHOWS
March 11, 2020 – Newsweek
Trade war: China to make huge purchases of US goods as details of phase one deal revealed
- Sources confirm that China has committed to making large scale purchases of US$200 billion of American goods as part of the phase one trade deal
- Purchase target for manufactured goods of around US$75 billion, with China also committing to buy huge amounts of energy, agriculture and services
January 14, 2019 – South China Morning Post
China Surrenders to Reality in the Trade Dispute
Trump’s tariffs were an effective weapon, and Beijing had to bend as its economic growth slowed.
January 15, 2020 – Wall Street Journal
The trade war is still on. Consider this a fragile truce
You’re forgiven if you thought the trade war between the US and China ended Wednesday. The president, in front of a crowded room filled with business leaders and his favorite TV hosts, declared trade victory.
January 16, 2019 – CNN Business