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Trump Trade War Will Start Killing The Economy And Increase Unemployment Very Soon
Not Satire
Thus far, Trump has imposed $34 billion in tariffs on products from China with another $16 Billion coming into effect on Thursday, in his Trade War with China. He has plans to go as high as $200 billion if negotiations with with China fails. What has made these trade negotiations difficult for both sides is the fact that President Trump has offer no clear detailed policy on what his desired agreements are. Both the Chinese and American negotiators are in the dark about how to proceed other than proclaiming a desire to meet. This has caused a tit for tat bickering that has caused panic among business owners and investors on both sides of the Pacific Ocean. On our side of the ocean, this chaos and uncertainty will result in tremendous pain and downturn on the U.S. economy and joblessness on the American public. There is palpable fear that thousands of small businesses will close and never be able to recover. U.S. Commerce groups have called on Trump for a cease fire on the trade war seems to have fallen on deaf ears. The main goal for for the White House seems to be to force American businesses to stop importing products from China and start making products in the U.S. and become self sufficient to where imports are not needed, This is an impossibility in this age of a global economy. We are…
