There are all kinds of stories running around the various media about how the tariffs with China have been reduced, how Trump blinked, how the trade war has ended. Trump did blink but it is a trade war that he started and it is inevitable that he will lose it. But once again he has proven to be a mad dog inconsistent non-leader. Did he make China wince? Not a moment. They have just been quietly waiting in Beijing for Trump to implode.
The only people hurt here are the small businesses in the US, the ones that Trump says he is trying to help, as they get whipsawed back and forth not knowing what their costs are going to be, can they resource their products to other nations or internally, and can they sell their products at increased prices.
But this isn't an end to the trade war...this is just a cease fire.
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