Trade wars work - here is the end game

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From FOX News:

China announces it seeks 'calm' end to trade war, as markets tank and currency hits 11-year flatline
China signaled Monday it is now seeking a "calm" end to its ongoing trade war with the U.S. and President Trump voiced optimism about a deal, as Asian markets crumbled and China's currency plummeted to an 11-year low following the latest tariffs on $550 billion in Chinese goods announced last Friday by the Trump administration.

"I think we're going to have a deal," Trump told reporters.

Trump said Monday that officials from China called U.S. officials and expressed interest to "get back to the table,” The Wall Street Journal reported. He called the discussions a “very positive development.”

“They want to make a deal. That’s a great thing,” he said.

And meanwhile, you can still buy a 50" television for $180

20190826-television.JPG

Most of us are saying "What trade war?"

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This page contains a single entry by DaveH published on August 26, 2019 2:07 PM.

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