Gold Silver Reports (NBR) – Donald Trump Misguided Trade War — U.S. President Donald Trump may sincerely think he’s battling to win Americans a better deal on trade with China. In fact, he’s making a better deal harder to achieve — and threatening to inflict grave economic damage on the U.S. economy in the process.
In the past few days, Trump has dramatically cut the chances of a negotiated solution to the two countries’ various trade disputes. He announced a first set of tariffs on $50 billion worth of Chinese goods, prompting an entirely predictable Chinese vow to retaliate. Now he’s followed up with a new threat to impose tariffs on an additional $200 billion in Chinese imports (and possibly another $200 billion after that)……… Read More
