Trump busted taking credit for trade deal that China proposed over two years ag

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lust4beer
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Trump busted taking credit for trade deal that China proposed over two years ag

Post by lust4beer » Sat Oct 12, 2019 6:12 pm

In the midst of a terrible few weeks of scandals and bad news, President Donald Trump managed to announce a piece of good news for his agenda: his administration has tentatively announced a partial resolution to the trade war with China, in which the nation will make a large purchase of U.S. exports and Trump will agree to reduce some tariffs on Chinese goods.

The deal will likely calm down unstable markets, and reduce the risk of a recession in 2020. But even now, according to Shawn Donnan in Bloomberg, experts remain unconvinced this deal will fix Trump’s trade problems — or that it is even a sign that he is getting what he wants at all.

The surge in Chinese purchases of U.S. farm products that is the biggest win for Trump in the agreement unveiled Friday is one that was first offered by Beijing more than two years ago,” wrote Donnan. “It will be accompanied by unspecified commitments on intellectual property and currency and will go some way to repairing the damage done to U.S. agriculture since breast-for-tat tariffs began more than 18 months ago.”

This deal hardly resolves any of the major underlying sources of trade and economic frictions between the two countries,” said former IMF China expert Eswar Prasad

https://www.rawstory.com/2019/10/trump- ... years-ago/
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thelionofthenorth
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Re: Trump busted taking credit for trade deal that China proposed over two years ag

Post by thelionofthenorth » Sat Oct 12, 2019 6:36 pm

If the deal happens at all, it’ll be exactly as I predicted: tRump will claim some tremendous victory no matter how little he actually achieves.
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barrysoetoro
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Re: Trump busted taking credit for trade deal that China proposed over two years ag

Post by barrysoetoro » Sat Oct 12, 2019 7:00 pm

lust4beer wrote:
Sat Oct 12, 2019 6:12 pm
In the midst of a terrible few weeks of scandals and bad news, President Donald Trump managed to announce a piece of good news for his agenda: his administration has tentatively announced a partial resolution to the trade war with China, in which the nation will make a large purchase of U.S. exports and Trump will agree to reduce some tariffs on Chinese goods.

The deal will likely calm down unstable markets, and reduce the risk of a recession in 2020. But even now, according to Shawn Donnan in Bloomberg, experts remain unconvinced this deal will fix Trump’s trade problems — or that it is even a sign that he is getting what he wants at all.

The surge in Chinese purchases of U.S. farm products that is the biggest win for Trump in the agreement unveiled Friday is one that was first offered by Beijing more than two years ago,” wrote Donnan. “It will be accompanied by unspecified commitments on intellectual property and currency and will go some way to repairing the damage done to U.S. agriculture since breast-for-tat tariffs began more than 18 months ago.”

This deal hardly resolves any of the major underlying sources of trade and economic frictions between the two countries,” said former IMF China expert Eswar Prasad

https://www.rawstory.com/2019/10/trump- ... years-ago/
Sure, and they just thought it up, thought "gee we should stop ripping America off in trade".
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No, we DON'T need to impeach Trump when you can't even post ONE letter of text from the "Mueller Report", you pathetic 0bama suck-up

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barrysoetoro
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Re: Trump busted taking credit for trade deal that China proposed over two years ag

Post by barrysoetoro » Sat Oct 12, 2019 7:01 pm

thelionofthenorth wrote:
Sat Oct 12, 2019 6:36 pm
If the deal happens at all, it’ll be exactly as I predicted: tRump will claim some tremendous victory no matter how little he actually achieves.
Says the horses ass who supported 0bama who didn't do a godam thing about our trade deficit.
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No, we DON'T need to impeach Trump when you can't even post ONE letter of text from the "Mueller Report", you pathetic 0bama suck-up

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Re: Trump busted taking credit for trade deal that China proposed over two years ag

Post by donttreadonme » Sat Oct 12, 2019 7:39 pm

lust4beer wrote:
Sat Oct 12, 2019 6:12 pm
In the midst of a terrible few weeks of scandals and bad news, President Donald Trump managed to announce a piece of good news for his agenda: his administration has tentatively announced a partial resolution to the trade war with China, in which the nation will make a large purchase of U.S. exports and Trump will agree to reduce some tariffs on Chinese goods.

The deal will likely calm down unstable markets, and reduce the risk of a recession in 2020. But even now, according to Shawn Donnan in Bloomberg, experts remain unconvinced this deal will fix Trump’s trade problems — or that it is even a sign that he is getting what he wants at all.

The surge in Chinese purchases of U.S. farm products that is the biggest win for Trump in the agreement unveiled Friday is one that was first offered by Beijing more than two years ago,” wrote Donnan. “It will be accompanied by unspecified commitments on intellectual property and currency and will go some way to repairing the damage done to U.S. agriculture since breast-for-tat tariffs began more than 18 months ago.”

This deal hardly resolves any of the major underlying sources of trade and economic frictions between the two countries,” said former IMF China expert Eswar Prasad

https://www.rawstory.com/2019/10/trump- ... years-ago/
You mean he caved in again? This time to the Chinese? :rolling:
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thelionofthenorth
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Re: Trump busted taking credit for trade deal that China proposed over two years ag

Post by thelionofthenorth » Sat Oct 12, 2019 8:14 pm

barrysoetoro wrote:
Sat Oct 12, 2019 7:01 pm
thelionofthenorth wrote:
Sat Oct 12, 2019 6:36 pm
If the deal happens at all, it’ll be exactly as I predicted: tRump will claim some tremendous victory no matter how little he actually achieves.
Says the horses ass who supported 0bama who didn't do a godam thing about our trade deficit.
Off topic, but okay: Obama never started and lost a trade war.

Try to stay focused.
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Re: Trump busted taking credit for trade deal that China proposed over two years ag

Post by Pete » Sat Oct 12, 2019 8:31 pm

two years ag
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lust4beer
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Re: Trump busted taking credit for trade deal that China proposed over two years ag

Post by lust4beer » Sat Oct 12, 2019 11:31 pm

Pete wrote:
Sat Oct 12, 2019 8:31 pm
two years ag
Good catch Pete!

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barrysoetoro
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Re: Trump busted taking credit for trade deal that China proposed over two years ag

Post by barrysoetoro » Sun Oct 13, 2019 12:22 am

thelionofthenorth wrote:
Sat Oct 12, 2019 8:14 pm
barrysoetoro wrote:
Sat Oct 12, 2019 7:01 pm
thelionofthenorth wrote:
Sat Oct 12, 2019 6:36 pm
If the deal happens at all, it’ll be exactly as I predicted: tRump will claim some tremendous victory no matter how little he actually achieves.
Says the horses ass who supported 0bama who didn't do a godam thing about our trade deficit.
Off topic, but okay: Obama never started and lost a trade war.

Try to stay focused.
Lol, except for when he raised tariffs and it flopped, according to you. Pull your head out of your ass you Illinois piece of s***

And then Obama started wars, never finished them, and left a mess for president Trump.

I hope so bad you have an accident after range and you get cuffed for it. You deserve it.
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No, we DON'T need to impeach Trump when you can't even post ONE letter of text from the "Mueller Report", you pathetic 0bama suck-up

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