Have Trump's tariffs already worked?
While Democrats insist that President Trump has plunged the U.S. into a recession or is about to plunge the U.S. into a recession, President Trump's tariff policy appears to be working. With more nations calling to start tariff negotiations each day, it's apparent that those nations want what President Trump is selling. This isn't difficult to believe. Why wouldn't countries want to sell their products into the biggest market in the world?
This weekend, it was disclosed that the U.S. economy is almost $30,000,000,000,000. Meanwhile, China's economy is $18,000,000,000,000. Further, the EU's economy is also $18,000,000,000,000. I knew that the U.S., China and the EU were the 3 biggest economies in the world. I didn't know that the U.S. was almost as big as China and the EU combined.
WASHINGTON/SEOUL, April 8 (Reuters) - U.S. President Donald Trump said he discussed tariffs, shipbuilding and potential energy deals in a "great call" with South Korea's acting President Han Duck-soo on Tuesday, a day before a 25% tariff on the Asian ally is scheduled to kick in.The stock market just took an historic jump: The Dow has jumped above the 40,000 mark. It's now back below but that's what's happened."We have the confines and probability of a great DEAL for both countries. Their top TEAM is on a plane heading to the U.S., and things are looking good," Trump said on social media.
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