For far too long, the US has endured unequal trade with countries around the world. Other countries charged us significant tariffs while expecting the US not to reciprocate. This unequal playing field should have been made level shortly after WWII, but no president wanted to upset the economic applecart. Trump is willing to cause shockwaves to remedy the trade situation by means reciprocal tariffs.
As expected no countries wanted to accept US tariffs after enjoying a marked advantage for so long, but China took it the worst. They upped their tariffs against the US and Trump joined their game of one upmanship. The stock market could not stomach the idea of a trade war and subsequently dropped like a manhole cover tossed out of an airplane.
RELATED: Tariffs on China Reach 145%
The communist Chinese need their best customer, America, to buy up all their cheaply-manufactured goods in order to keep their economy humming. If their economy collapses, the communists might face challenges to their power.
Trump has been playing all of this perfectly. The scary dragon that is China will be tamed and the CCP will have no choice but to go to Trump’s negotiating table.
Ben Garrison
grrrgraphics.com