Trump’s JD Vance problem is now China’s, too.
Raining on Third Plenum, VP choice could signal 2d-term Trump might be more confrontational than transactional.
It’s anyone’s guess what having China-hawk Vance – who’s all-in on revoking Beijing’s “most-favored nation” status – whispering in the president’s ear might mean for a Trump 2.0 presidency. At the very least, it suggests Trump’s 60% tariff is just the start of broader efforts to Make Trade Wars Great Again.
The collateral damage could be unprecedented. UBS Group AG thinks this tax alone would cut China’s annual growth by more than half – lopping 2.5 percentage points off the gross domestic product of Asia’s biggest economy. China grew just 4.7% in the first quarter amid weak retail spending, property investment and new home sales.
hence China will try its level best to keep Trump out of power and get a puppet like Biden or Harris
Dr GP
Raining on Third Plenum, VP choice could signal 2d-term Trump might be more confrontational than transactional.
It’s anyone’s guess what having China-hawk Vance – who’s all-in on revoking Beijing’s “most-favored nation” status – whispering in the president’s ear might mean for a Trump 2.0 presidency. At the very least, it suggests Trump’s 60% tariff is just the start of broader efforts to Make Trade Wars Great Again.
The collateral damage could be unprecedented. UBS Group AG thinks this tax alone would cut China’s annual growth by more than half – lopping 2.5 percentage points off the gross domestic product of Asia’s biggest economy. China grew just 4.7% in the first quarter amid weak retail spending, property investment and new home sales.
hence China will try its level best to keep Trump out of power and get a puppet like Biden or Harris
Dr GP
Trump’s JD Vance problem is now China’s, too.
Raining on Third Plenum, VP choice could signal 2d-term Trump might be more confrontational than transactional.
It’s anyone’s guess what having China-hawk Vance – who’s all-in on revoking Beijing’s “most-favored nation” status – whispering in the president’s ear might mean for a Trump 2.0 presidency. At the very least, it suggests Trump’s 60% tariff is just the start of broader efforts to Make Trade Wars Great Again.
The collateral damage could be unprecedented. UBS Group AG thinks this tax alone would cut China’s annual growth by more than half – lopping 2.5 percentage points off the gross domestic product of Asia’s biggest economy. China grew just 4.7% in the first quarter amid weak retail spending, property investment and new home sales.
hence China will try its level best to keep Trump out of power and get a puppet like Biden or Harris
Dr GP
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