Day: May 11, 2019

The US-China Tariff “War” Will Decimate The Agricultural And Industrial Economy, And Insure Trump’s Defeat In 2020

President Trump’s decision to go to “war” with China on tariffs will have the effect of decimating the Agricultural and Industrial economy, insuring Trump’s defeat in 2020.

Farmers are going out of business, and are not going to vote for Trump based on other issues, as the “pocketbook” issue will be paramount.

And the estimate is that hundreds of thousands of jobs in industry will be harmed by the tariffs on iron, steel and other metals used in industry, causing a massive increase in the cost of kitchen appliances, automobiles, and a multitude of other goods based on the use of metals.

China will farm out their economic activities to their neighbors, and will be far less willing to help Trump with Kim Jong Un of North Korea, who promoted the firing of missiles this week, showing he is not ready to negotiate with Trump. Trump is reacting in a cowardly way, as he has his whole future based on dealing with North Korea, but alienating China is another of many stupid moves by an incompetent President, who should be forced out of office pronto!