Trump snapped Europe like a twig
Instead of a global trade war we have a global capitulation.
Trade
9 Posts
US tariff revenue triples in two months since Trump started his trade war
Whether or not tariffs imposed by Trump end up hurting more than helping America remains to be seen, but it's clear that they're fulfilling at least one part of his promise: they generate new revenue for the budget. After doubling in April – which was a tumultuous
China gets an (un)surprising boost from useful idiots in the West, celebrating tariffs of 30%
Who knew that tariffs of 30% would be considered a victory for Beijing?
Surprising deal with China gives Trump’s credibility a much needed boost
He was given a valuable win that might make his critics pause and think: "OK, maybe he's not wrong after all."
It looks like Trump broke Xi Jinping after all
Despite denials, threats and demands, Beijing ultimately agrees to sit down and talk.
Trump and Xi are heading for a trade deal - without an actual deal - as China exempts some US goods
Their current behaviour may set the tone for future interactions.
China would hold more sway in the world today if Xi Jinping hasn’t been a mobster for the past 12 years
This one time Xi cannot make an offer others can't refuse.
Trump plays both the good cop and the bad cop himself as he pauses new tariffs for 90 days
Stock markets rally in response, wiping out most of the losses of the past days, leaving everyone in a daze.
Tariff hysteria is blown out of proportion as Donald Trump assumed the biggest risk himself
Tariffs are just another form of taxation. And like all taxes they will be judged on how they accomplish their goals - not all of which are economic.