Trump's trade war is backfiring.
Ironically, the most suffered ones are the mid-western farmers, his key supporters, who used to export their harvest to China. Which has now stopped.
And todays news : USA's trade deficit hits all time high in history.
Add with it the spectacular failure in negotiation with N. Korea. And how Trump has now switched to threatening more sanctions instead of success-declaration.
Twitter diplomacy failure.
This is what you get into if you rule by popular metrics. Gut felling instead of statistics.
- Comments:
- http://fortune.com/2019/03/06/us-trade-deficit-record-high/