As noted last night, America is not alone in our trade war with China. Everyone that trades with the Chinese could do better. And as of this morning, China is ready to talk to Donald Trump. Their currency and markets are collapsing.
China signaled Monday it is now seeking a “calm” end to its ongoing trade war with the U.S. and President Trump voiced optimism about a deal, as Asian markets crumbled and China’s currency plummeted to an 11-year low following the latest tariffs on $550 billion in Chinese goods announced last Friday by the Trump administration.
Repeat after me. Democrats, the Media, and Never-Trumpers were wrong. Donald Trump knew what he was doing (again).
It will be painful for many. Most won’t be able to admit it. And until an actual deal comes out of the promises, there’s no reason why they should. But it’s still true. Your president has been playing multi-dimensional chess with nations that have been screwing us for decades while Trump-Haters make up stories about racism.
News of the possible opening in negotiations came shortly after Trump threatened to declare a national emergency that would result in American businesses freezing their relationships with China. Trump’s tariff barrage on Friday was a response to China imposing its own retaliatory tariffs on $75 billion in U.S. goods.
At the Group of Seven summit in France on Sunday, White House officials rejected suggestions the president was wavering and insisted that his only regret was not implementing even more tariffs on China. Trump wrote on Twitter that world leaders at the G-7 were “laughing” at all the inaccurate media coverage of the gathering.
For contrast, if Obama had done this, it would be covered differently. Preemptive. Brilliant. Historic. A never before seen (and probably never again) success that benefits hard-working families (and single moms) for generations. And wow, don’t Michelle Obama’s arms still look amazing?
This is Trump. Instead, and I’m not saying it is a bad thing, we’ll get a lot of professional skepticism. Sadly, this is not journalism. We’ll call it tempered Trump Derangement Syndrome. Most of what we’ll hear something might be happening surrounded by ranting about any issue that can continue to spin as bad.
But that’s not a new problem for Republicans. What is new is a President who refuses to take that sitting down.
Trump is winning the trade war with China. All of his detractors were wrong. Few if any, will ever admit that. Or, that they are wrong about nearly everything else.
But wouldn’t that be refreshing?
| Fox News