Wednesday, May 15, 2019

Whack-O Theory of 5/15/19: President Trump Decreases US trading market share for sake of China Cash!

We don't know when a deal will be struck with the Chinese over trade.  So, a Whack-O Theory just in case the uncertainty lingers on and on!  Please remember, this scenario is a fake.

The following seems the case:

1.  The Republican Party has tended to lean toward "made in the USA" stamped on its goods rather
than "made in  China."  That is to say, Trump would have American sold items be made from raw materials found on US soil and produced or manufactured in the US rather than have such items made out of the country.

2.  By pulling out of the TPP, the US has enabled China to become the lead superpower in this trading block.

3.  As the tariff war continues between China and the US, the federal government can steadily feast upon the money taken in from tariffs imposed upon China goods.

4.  China has recently sent Italy a memo of understanding, it has been reported, confirming that it would be willing to act as distributor of EU made goods sent to African nations via its favored trade routes from Italian port cities. 

Ultimate result of a continued trade war between them could be an economic depression that would extend beyond the boundaries of the two countries.
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Also:

Iran claims the US is looking for a fight.  At first, it considered the chaotic situation in Venezuela but decided at this time not to send troops into South America but to float a US aircraft carrier into the waters off Iran as a sign of military presence in the near East.  If conflict were to erupt between them, Trump's attempt for  a second-term might benefit, since voters in the US may be favorably disposed that he should continue as President at such a time.       
   

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