Trump’s trade deal with China is fake, and it hides a few unpleasant truths | The Strident Conservative
With Trump’s track record when it comes to keeping his word as the dealmaker, China refused to sign the deal at the time due to the possible tariff increases along with Trump’s decision a few months prior to their October meeting to officially designate China as a currency manipulator.
But that was then and this is now. With the 2020 presidential primary season now underway, and with recent news about how his trade war lies are killing the economy he claims is the “greatest in history,” Trump is resorting to the deceptive practices I mentioned earlier.
Using a 2.0 version of his October proposal, Trump has agreed to a new trade deal with China that will remove tariffs in exchange for dropping his designation of China as a currency manipulator — an unfounded claim to begin with. There’s only one problem: he won’t be removing the tariffs, at least not until after the 2020 election. Until then, $360 billion in scheduled tariffs will be kept in place, and even then “there is no agreement for future reductions in tariffs” according to Treasury Secretary Steven Mnuchin.
Besides being an obvious lie meant to hide his broken campaign promises, one has to wonder if Trump is attempting to do with China what he tried to do with Ukraine when he attempted a quid pro quo arrangement with President Zelensky.
When even Conservatives start admitting that Trump is a serial liar, you know that he is in big trouble.