Mr Trump's short-sighted economic war.

in #trade7 years ago

On March 22, U.S. President Donald trump signed a presidential memorandum on tariffs on Chinese imports. So why would Mr Trump do such a thing?What does this mean for his presidency?

Trump promote the China threat theory, because he is using some of the American people do not understand China's panic caused by the psychological, to gain the support of some voters, a trade war with China now is his explanation for voters.

At the same time, a trade war between China and the United States, a unilateral American protectionism, could briefly improve American jobs. As a businessman, he needed a reason to deal with the people.

It's like killing a chicken for an egg.

In doing so, the United States shows that its power is waning and China's influence is growing.
For the American people, I have a word of advice: if you want to live a better life, you can only improve your competitiveness. Evasion is a coward's act. Now America's unilateralism is like a country that closed its borders a hundred years ago. This will leave the country behind the world.

Finally, history proves that the Chinese nation is invincible!

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.029
BTC 76343.25
ETH 3042.42
USDT 1.00
SBD 2.62