Friday, July 6, 2018

Trump unleashes trade war with latest tariffs on China

 (Updated: )

Ricky Lim
The start of the trade war likely confirms the widening rupture between Trump and his own Republican Party, a traditional champion of free trade and big business whose members, while critical, have so-far shrunk from curtailing the White House's trade powers.

But, with the GOP facing strong political headwinds ahead of November's mid-term elections, China's countermeasures left both Trump and Republican lawmakers increasingly vulnerable to voters who appear likely to boost the fortunes of opposition Democrats.
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Hopefully the outcome of the trade war will bring down Trump and result in a more learned President being elected in the next Presidential election.

Trump is causing too much chaos in the World trading system.
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