For a couple of weeks, the word of the day was trade war. Trump levelled a few tariffs to keep his promises on negotiating better trade deals for Americans. As always, mainstream media blew everything out of proportion.
If you recall, the stories were of a full-blown trade war. Stocks were tumbling. The next great depression was upon us, and there was no way the U.S. could go toe to toe with the might of the Chinese economy.
Obviously, that hyperbolic sensationalism proved as stupid as everything coming from liberal media these days. China backed off of any trade-war rhetoric almost immediately. The volatility of the stock market has proven to be completely unrelated to anything Trump (or anyone else) does or says. It’s a long overdue correction, and that should have been obvious when the initial selloff was “triggered” by the best jobs report we’ve seen in over a decade. If good news is greeted with a dip in stocks, then maybe the market correction is less about policy and more about recent rapid growth.
Well, once again, Trump was right, and this video has the proof. China hasn’t just backed off of their tariff threats. They’re openly moving even farther away from their communist traditions. Take a look at this newest offer and see if you’re still worried about Trump’s ability to negotiate a trade deal.
