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Wednesday, June 27, 2018

Trump is losing the US-China trade war!

https://finance.yahoo.com/news/trumps-rage-towards-harley-davidson-happens-pick-winners-losers-152524509.html

We stated previously that to win in a trade war, the country would need to have a high saving rate and strong political will.  The USA doesn't have both but China does.

Harley Davidson cannot tolerate the tariff and has to move its production overseas.  This is just a harbinger or the tip of the iceberg.  When Walmart products get expensive, the US citizens will not be able to tolerate the price spikes and vote Trump out.

http://sg-stock.blogspot.com/2018/04/who-will-win-in-trade-war-us-or-china.html

http://sg-stock.blogspot.com/2018/06/the-stock-market-will-start-in-red-next.html

1 comment:

Eric Ho said...

Trump has to end this US-China trade war before November because of the election. China just needs to prolong this trade war to end Trump's presidency.