JackLuis
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Wall Street Journal pummels Trump for ‘punishing America first’ with botched tariff war with China
How much longer before the Rethuglicans revolt and impeach his ass?
What happens if China cashes in all the US bonds they now own? How will the Orange Menace pay those off, Trump Steaks?
How much longer before the Rethuglicans revolt and impeach his ass?
The conservative Wall Street Journal lashed out at President Donald Trump on Saturday morning with a blistering editorial, hammering the President for plunging the U.S. into a trade war with China which is hurting American farmers and businessmen.
Under a very pointed headline reading, “Punishing America First,” the editorial board at the Rupert Murdoch-owned WSJ, was unsparing in it’s criticism of Trump’s tariff moves that have plunged the markets into chaos, while the president has offered the cold comfort that Americans will have to suffer a bit as he figures it out.
“Donald Trump and his advisers spent much of Friday telling everyone that the U.S. is not in a trade war with China, but investors weren’t buying it,” The editors wrote. “Equity markets took a major header, falling by more than 2% across the board. Maybe investors are starting to look at the damage Mr. Trump may do to the Farm Belt states and to the GOP’s chances of holding Congress.”
“China’s trade abuses need to be addressed, but Mr. Trump’s tariffs first strategy risks punishing America first. He—and we—had better hope Mr. Xi is willing to bargain,” the piece concluded.
What happens if China cashes in all the US bonds they now own? How will the Orange Menace pay those off, Trump Steaks?