US economy is the least dependent on exports. Only 8% of our economy is exports, and half of that is with Mexico and Canada. We don't have a trading economy. We grow more than enough food, and we now drill more than enough oil thanks to shale. We don't need the rest of the world nearly as much as they need to bring their crap here and sell it. China's economy depends on importing raw material and exporting it to us.
We have all the leverage. Trump's playing to the camera when he says we are getting close to a deal. He's not interested in making a deal. He's interested in breaking China's back, and it's working. Their economy is swirling down the crapper. Remember, we don't need China. China needs us much more.
US economy is the least dependent on exports. Only 8% of our economy is exports, and half of that is with Mexico and Canada. We don't have a trading economy. We grow more than enough food, and we now drill more than enough oil thanks to shale. We don't need the rest of the world nearly as much as they need to bring their crap here and sell it. China's economy depends on importing raw material and exporting it to us.
We have all the leverage. Trump's playing to the camera when he says we are getting close to a deal. He's not interested in making a deal. He's interested in breaking China's back, and it's working. Their economy is swirling down the crapper. Remember, we don't need China. China needs us much more.