Trade War Archives - Granite Grok

Experts Predicted Economic Consequences from Tariffs, and They Were Right!

May 3, 2025May 2, 2025 Steve MacDonald

Several things have become evident a few weeks into Donald Trump’s big beautiful tariff strategy. The most beautiful tariffs – like nobody’s ever seen. The world needs the United States as a trading partner more than we need them. If pressure is applied, America can get concessions on a long list of issues to our … Read more

Data Point – I would say that it looks like China is losing the trade war

December 16, 2019December 16, 2019 Skip

First point: U.S. trade deficit falls 7.6% in October to 16-month low on decline in Chinese imports. (12/5/19) Second point: US – China Trade War: Chinese Exports To US Fall 23% Amid Tensions Between Washington, Beijing. (12/10/19) Third point: Chinese official says Beijing wants US trade deal ASAP. (12/10/19) Fourth Point: Firms Withdraw From China … Read more

China: not as strong as the media tells us?

October 16, 2019October 16, 2019 Skip

I remember when Germany was going to beat the pants off us economically. Japan back in the 70s. Rumors for South Korea – ditto. And the European Union, with its free trade emphasis, was supposed to be the juggernaut that was going to run roughshod over the US. Each one of them, when you looked … Read more

Apple to Expand in Texas (Instead of China) – Add 10,000 Jobs to Build Mac Book Pro

September 23, 2019 Steve MacDonald

Trade war bad except when it’s good, right? And the feds give you a few incentives. Like a break on tariffs for a few parts that are manufactured in China. If you expand manufacturing in the US and add 10,000 Jobs. Sounds like a deal and it is.

Why China Will Have to Cave to Trump on Tariffs and Trade

September 14, 2019September 7, 2019 Steve MacDonald

China has again said it’s ready to come to the trade table. That sounds good but we can’t know what that means until it happens. And no one goes in giving in, you always ask for more than you think you might get. But what does China have that Trump wants?

Winning: China’s Economy is Teetering – Want to Talk About a Trade Deal

August 26, 2019 Steve MacDonald

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.

Stock Market Down 600 Points … DemocRATS to Blame …

August 25, 2019 Ed Mosca

So the Dow Jones dropped over 600 points on Friday after Fascist China announced it would increase tariffs on $75 billion of United States goods, and President Trump said he would respond in kind. The press, including Fox, have been calling the trade issues between Fascist China and the United State’s “Trump’s trade-war.” But Fascist … Read more

Only Donald Trump Could Make Democrats Complain About Higher “Federal Taxes”

May 22, 2019 Steve MacDonald

Higher taxation by the left is a message. It says you are an idiot. Too stupid to know how to spend the wages you earn. And since you can’t do it right, you are forcing them to take your money and do the right thing with it. So, for Democrats to complain about higher taxes is rare.

“It is vulnerable [to a trade war] because it is a much poorer country with more fragile political institutions.”

May 15, 2019 Skip

So from this Op-Ed by Bill O’Brien on Trump’s Trade actions, one of our regular commentors left this (reformatted, emphasis mine): Where I work, we’ve been told we will not get raises this year because of the tariffs impacting the bottom line. they also said that the upcoming election was part of it. I asked “why … Read more

Winning?

December 26, 2018December 26, 2018 Skip

Reformatted, emphasis mine: In its third round of tariff cuts this year, China announced that 700 more goods will have tariffs cut. Bloomberg reports: China announced another round of tariff cuts, lowering import taxes on more than 700 goods from Jan. 1 as part of its efforts to open up the economy and lower costs for domestic … Read more

Donald Trump Is Winning the Trade War With China

November 21, 2018 Steve MacDonald

Donald Trump is winning the trade war with China. That’s what they are saying. Who? Who is saying that? What crazy “right-wing mouthpiece” is peddling that blather? Munich-based EocnPol Europe, that’s who. In a paper titled ‘Who is Paying for the Trade War with China,’ they report that it’s not Americans. It is Chinese Exporters who are … Read more

Trade Wars and Revolving Doors

July 15, 2024March 19, 2018 Steve MacDonald

Mike Rogers joins me to explore Trump’s revolving door at the White House (Not such a bad thing). Then it’s on to the political establishment’s reaction to steel and aluminum tariffs. Good, bad, the analysis might surprise you. Check out the original blog post for more ways to listen.