The trade and economy mega-thread (7 Viewers)

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superchuck500

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Is there a trade deal with China? Is it really a deal or just a pull-back to status quo ante? Is Trump advancing US interests in this well-executed trade battle plan or was this poorly conceived from the start . . . and harmful?

I think the jury's still out, but I haven't seen that the Chinese are offering much in compromise - and it's not even clear if there's going to be an agreement. But it's clear they are working on something and I'm sure Trump will sell it as the greatest trade deal ever. The proof will be in the details.


 
President Trump said Tuesday he raised tariffs on Switzerland after a phone call with the country’s former president, saying he did not approve of “the way she talked.”

Trump told Fox Business’s Larry Kudlow that he once had an “emergency call from, I believe, the prime minister of Switzerland, and she was very aggressive. Nice, but very aggressive.” He recalled that she repeatedly said, “we are a small country.”…….




 
CPI drops to 2.4% - it was 2.7% in Dec and expected 2.5%
Who collects and analyzes the data? If they are in any way part of the Republican administration, then I don't trust the report. It's good it didn't rise by 2.5%, but it still hurts a lot of people that it rose by 2.4%.

Food and energy are still rising and squeezing people, so I don't think things are getting better for people overall.
 
They like this so oligarchs can buy up the farm land.

 

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