Advertisement

[ccpw id="1123"]

SearchBusinessNewsMy







GlobeNewswire

[gnw url="https://rss.globenewswire.com/WpFeed/Language/en/content/Fulltext/industry/9000/max/9"]

Advertisement





Archives

On the onset, the US is winning a trade-war that it started. A well-calculated move by President Donal Trump. Here we explain why is he winning.

Indeed, President Donald Trump would not start a war bulldozing across his allies without plans to come out victorious.

However vicious his statement sounds, the old fox has his adversaries cornered. He has them beaten and he is relishing in this situation.

He is basically playing a game in which he makes the first move against u prepared opponents.

Every time they strike back blindly, it adds to Trump’s victory dance.

Why?

https://platform.twitter.com/widgets.js

They are forced to reply in a tit-for-tat manner. Which is exactly what Trump expected.

China replied to the Trump attacks on its steel with a steel response. The EU did the same thing.

Trump’s revival last week of a plan to slap tariffs on $50bn of Chinese imports has sparked another row.

Washington and China were in talks over the weekend about how to reduce China’s $375bn goods-trade surplus with the US.

This has now gone in tatters.

Trump has also imposed a 25 per cent tariff on steel and a 10 per cent tariff on aluminium back in March, citing security reasons.

On Thursday, the White House announced the levies have now been imposed on the EU, Mexico and Canada, despite previous exemptions. 

This sparked another serious row between the Canadians, the EU and Mexico against the U.S.

With this move, Trump has successfully divided the potential global opposition to his move.

The EU is now accusing China of the whole situation.

https://platform.twitter.com/widgets.js

Brussels, where the EU HQ is located, said the EU is not the problem but “China is the problem.”

Thus you see, Trump has an upper hand in this trade war.

He Entered it with the aim of disrupting the current peace in the global trade arena.

And he is winning it on paper, at least.

By WFTV

Leave a Reply