5 years ago
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White House Admits Trump Is Lying About His Trade War
Since hitting China with job-destroying and consumer-gouging tariffs, Donald Trump has claimed the self-defeating measures are a good thing due to the money the U.S. Treasury is taking in as a result. “I am a Tariff Man,” he tweeted last December. “It will always be the best way to max out our economic power. We are right now taking in $billions in Tariffs.
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I'm in this kind of business. American companies will eat margins, American consumers will pay more. The Chinese lose manufacturing business through migrating out to other 3rd world countries....they are not reshoring, so that's a myth. American retailers get clobbered American farmers get clobbered (Agriculture is one of the few things China finds attractive to buy from the US) as do the already living from paycheck to paycheck American consumers.
On top of that you've got two nihilistic leaders running the two largest economies on earth exchanging dick picks to prove who's bigger.
He could not tell the truth if his life depended on it.