trade war

Trump Leaves China Looking Like Chumps in Trade ‘War’

The way that the liberal left spoke about President Trump’s trade war with economic goliath China, you would think that the world was going to end.

There was doom and gloom in the forecast for America.  We were painted pictures of famine and depression and farmers whose entire lifetime’s worth of work vanishes before our very eyes.  It was absurdity and fear-mongering at its best, especially given the fact that the President has shown nothing but economic success in his first 18 months on the job.

So, when Trump told the nation to sit back, hold tight, and watch him work; he meant it.  This is the art of the deal in a nutshell, folks.

And now, it looks like it may have worked.

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China and the U.S. are set to resume trade talks for the first time since June.

A meeting between the two countries, which would be between lower-level officials than earlier talks, would mark a breach in the standoff that has arisen since talks broke down in the spring. U.S. officials have repeatedly said they were open to new talks but insisted that China had walked away rather than offer serious reform.

It still is not clear if China’s delegation will carry with it a reform offer serious enough to stave off the Trump administration’s threat of former tariffs.  The U.S. side will be lead by Under Secretary of the Treasury for International Affairs David Malpass.

China is sending a trade envoy to Washington in a renewed effort to end a worsening tariff dispute that has raised worries it will chill global economic growth.

Chalk it up to another success by the CEO-in-Chief, this time in the ever-complicated realm of trade relations.

 

 

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