Tuesday, 3 April 2018

Trade War Not So Easy To Win Then

For someone who tweets incessantly, we have found out three things which the Orange President won't tweet about, Russia, his extra marital affairs with porn stars and the American Economy when it tanks.
The same men on the BBC who got excited in February when the Global Markets went whoosh in a downwards direction, are getting their Footsies in a twist again this time as American stocks saw the worst start in April since the Great Depression with the S&P 500 index falling 2.2% after the first trading session in the second quarter.
'This was only ever worse 89 years ago when it triggered the Great Depression, the worst economic crisis in US history' said one man as graphics of drooping bright red arrows on a chart and the sentence 'DOW drops almost 460 points on news of China tariffs' sliding across the bottom of the screen.
China has introduced additional tariffs of up to 25% on 128 US products including frozen pork, wine and fruits in response to Washington’s duties on imports of Chinese aluminium and steel and is threatening to introduce more if the White House decides to impose a new round of tariff hikes against Chinese goods. 
Maybe winning a Trade War isn't as easy as Trump thought but then he has also recently found out that sexually molesting women and having it away with a porn star isn't that easy to keep secret either.
You do wonder what Russia has on him that it has spooked him into staying on Putin's good side, from what we know about the depraved pervert already, it has to be something truly appalling.

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