herein you will have the opportunity to discover some realities of hurricane trump's trade war you may not be aware of;


I hate to break the news to China bashers, but the trade war with the US is over. I’ve maintained for months that Trump has no leverage in trade talks with China. If he did China would have done a deal by now.
They haven’t and they likely won’t unless you are talking some form of deal which allows Trump to save face here. But to be honest I’m beginning to doubt whether anyone in the White House cares. This is about the Great Powers Game and the simpleton idea that for one country to win in trade another has to lose.
This is, of course, nonsense.
Trade is not a zero-sum game. Ideally, all voluntary trade is a win-win scenario for both the buyer and the seller. If it wasn’t the trade would not be made. Lost in the numbers is the comparative perceived value of the exchange.
China is still running a massive trade surplus and that is true. But from the perspective of US trade, that is as much a function of Trump’s own profligate spending habits as any structural inequalities.Trump is running a $1 trillion budget deficit. This is money that is conjured up out of thin air by the miracle of selling bonds. $1 trillion in bonds. Where do you think those $1 trillion in government expenditures goes to?
The moon? Laos?
No. It goes to China. It also finds its way into the US equity market Trump is so in love with and other places that produce goods that we Americans buy with that money. If Trump wants to win the trade war with China he should consider spending a little less money allow consumer prices here in the States to fall and let his tax cuts continue to attract capital for the right reasons – the value the American work force is capable of generating.
Instead Trump slapped 10% tariffs on Chinese goods last year. This has done nothing except exacerbate the trade deficit with China. The overall trade deficit is now at record levels.
Moreover, China responded exactly as one would expect, by allowing the Yuan to depreciate by roughly 10%. It did so for a number of reasons...........https://www.lewrockwell.com/2019/05/thomas-luongo/trumps-trade-war-is-already-over/