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Fri Jun 7, 2019, 11:32 AM

Trump's Leverage In Trade War May End In September


June 7, 2019 at 10:55 am EDT By Taegan Goddard

Washington Post: “There’s a case to be made that Trump has the upper hand in these trade disputes because the United States buys more from China and Mexico than those countries buy from the United States. To put it another way, China and Mexico need Trump economically more than he needs them. But that’s just the raw economic calculation. Trump is also facing a campaign for reelection in 2020, and he’s banking on a strong economy to propel him to victory.”

“There are already signs that Trump’s trade policies are making the markets and economy jittery, and the pain is likely to escalate if he doesn’t make some deals by September.”

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https://politicalwire.com/2019/06/07/trumps-leverage-in-trade-war-may-end-in-september/

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Reply Trump's Leverage In Trade War May End In September (Original post)
DonViejo Jun 7 OP
AJT Jun 7 #1
Jeffersons Ghost Jun 7 #2
unblock Jun 7 #3

Response to DonViejo (Original post)

Fri Jun 7, 2019, 11:39 AM

1. Sadly, that is the truth. The bully does have leverage.

It's like a hostage situation where the bully has a gun to your entire family's heads, the decision you make affects them not just you. If you stand up to the bully your family suffers.

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Response to DonViejo (Original post)

Fri Jun 7, 2019, 11:40 AM

2. It might end then; but IT will definitely end by November.

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Response to DonViejo (Original post)

Fri Jun 7, 2019, 11:57 AM

3. who has "leverage" is way more complicated than simply who sells more.

every product has a different constituency on both the buying and the selling side, and downstream as well.

and different products have a different impact in terms of important, national security, etc.

and different products have a different international competition picture.


you can't just add it up and say we buy more therefore we're in the driver's seat. it doesn't work like that. if china has some mineral that we absolutely must have, then they've got us by the short and curlies even if we sell them 10 times as much junk as they sell us.


anyway, donald fraud is the worst negotiator ever so what difference does it matter who has what leverage. he doesn't know what he's doing anyway.

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