Let the trade wars begin. And if anyone thinks these actions are going to bring back jobs, I am selling a bridge want to talk?
Brilliant. We can have a recession before Labor Day.
Most economists believe this would strengthen China’s trade in region while reducing U.S. influence. But then people who still believe in fake economics like trickle down don’t pay attention to stuff like that.
You got it. I would guess that by next month (maybe March) the unemployment rate will start to go back up. Whatever manufacturing jobs (mostly on the West coast like WA) that are dependant on trade with the Pac Rim will be gone by then as well. Wall Street will also start to get very nervous. Yes, they want the tax cuts but they don;t want protectionism. WS will be shocked and angry. Despite the fact that he told them all along this was what he would do.
What CAN & MEX will do, I have no idea.
I think I just felt America’s power in Asia drop; it’s like being on a plane suddenly losing altitude.
As Stephen Moore said,
“Screw 'em.”
Which contradicts feral trumpers’ idea of “leading from behind.”
“Trump” has far more in common with “rump” than “Renegotiate” has to do with “renege.”
So as he sits and signs a piece of paper the Chinese has already stepped into the space he vacated. China just signed a trade deal with Japan.
Just one more thing the Rethugs can blame Obama for.
Good luck with NAFTA…
Canada and Mexico will tell him to pound sand…
China is laughing out loud and celebrating now.
God. Damn. Fool. This country is was just beginning to get to its feet again. And the far greater threat and fear is that he thinks he can strong-arm China into some more favorable arrangement. It was sure nice knowing everybody. : (
I think you’re right about that. Whether they can take punitive action against America or just ignore him.
However, I have heard that Rump will put England at the front of the line in terms of trade deals.
The Bureau of Labor Statistics will be rigged by April and replaced with alternative facts by May.
Is THIS what it will take to finally SHOW the ‘American People’ who insist ‘Corrupt Hillary’ couldn’t lead this country? That Trump and his band of Flying Monkeys have no freakin’ idea of what they are doing? Oh and how’s that OUTRAGE thing going for ‘executive orders’?
TPP is not without its problems, to be sure.
However, whatever we get to replace it can use the same initials: Trump’s Profit Package.
Oh yeah, I really want to be able to buy haggis at the supermarket.
Just about the only thing traded between the UK and here is select Earl Grey tea and US treasuries…
That sound you hear is American prestige going down the toilet.