Do you want wars? Because threatening our access to bacon is how you get wars.
Sounds complicated. No wonder this White House doesn’t get it.
Donald is even dumber on trade than all the other stuff he’s good at being dumb on.
Wait for someone in the trump administration to make a smart-aleck remark about how people should eat less pork anyway. (Side note: China has bought up US pork producers lately, so this is even more complicated.)
The dollar dipped to 104.85 yen as investors shifted into the Japanese currency, which is viewed as a “safe haven” from risk.
Remember when the dollar was the safe haven?
“They want to understand what the Trump administration’s priority is for China to be able to offset some of these concerns,” said Parker. “Until the Trump administration articulates those concerns and how China can address them, it’s going to be very, very difficult for China to make those changes domestically.”
And right here is the problem. The Chinese seem to think that drumpf has a rational, cogent set of goals and arguments that can be addressed. He doesn’t. He just sort of does word associations and word salads with no direction to his thoughts. You can’t reason with him because reasoning assumes a logical basis for something and drumpf doesn’t do logical basis. He does random thoughts and words.
That would be about par for the course because the effect of China’s tariffs on imported pork will be to flood the US market with cheaper pork. So for a drumpfite to confuse the issue would be what you would expect.