Trump Started Trade War Because He Was Angry

[whell]

Originally Posted by Chicks

Predictable. Whell “knows better” than a Nobel winning economist. Do you actually pay money for your Limblow newsletter subscription? Lol.

Looks like another day, and another faux crisis fades further.

https://www.cnbc.com/2018/03/27/us-s...he-agenda.html

International markets received a boost Tuesday after a strong day on Wall Street, with both Asian and European indexes posting gains during their respective trading sessions. Markets have bounced back over the past day, with investors attributing this to an alleviation of concerns over potential trade tariffs.

Last week, President Donald Trump signed an executive memorandum that would inflict tariffs on up to $60 billion in Chinese imports prompting China to retaliate, however news has emerged that the nations are open to discussions that could allay a trade war.

As others have observed, the threat of tariffs is apparently being used as an inducement to accelerate discussion and facilitate agreements on trade.