TL;DR
Trump’s trade war backfired spectacularly, leaving the US in a weaker position and damaging its global standing. China’s rejection of communication underscores the severity of the situation.
Story
Trump’s trade war: a masterclass in self-sabotage.
He wanted to chat? China said, “Nah.” Why? He treated negotiations like a reality show—all bluster, zero substance.
Think back to 2008. Remember the subprime crisis? Same story, different costume. Overconfidence fueled by cheap credit.
Trump’s tariffs? Like a sugar rush—a short-term high followed by a nasty crash. Now, China’s calling the shots. They hold the raw materials, the factories.
‣ Tariffs: Taxes on imported goods. Think of them as making foreign stuff more expensive.
Trump thought he was playing poker. He was playing checkers. China’s strategy? Long-term.
The irony? He claimed to be bringing jobs back. He might just end up sending them elsewhere—permanently.
This isn’t just about trade. It’s about trust. America’s reputation? Damaged. The world sees a bully, not a leader.
Remember Enron? Hubris brought them down. Same thing here, just on a global scale. Next time, pick a leader who knows how to negotiate, not just how to shout.
Advice
Never trust a politician who thinks trade is a zero-sum game. Diversify your investments—geopolitical risk is real.
Source
https://www.reddit.com/r/stocks/comments/1k48y3h/china_rejects_trumps_proposals_for_calls_between/