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Are they foolish arguments? Donald Tusk, President of the European Council, is frustrated by Donald Trump about the US-China trade war.
He is right in the sense that it hurts many people, that it hurts the global economy, that tariffs do not work, that they do not work, and that it will lead to zero go elsewhere. all.
Trump lacks time for China to flash. Because it's all this: an appendix exercise for global domination. But as we have said many times, Trump will hold elections next year, but not the Chinese.
Trump simply can not afford to keep garbage on the fact that the rates are good and that all money is investing in America.
Farmers are realists and know where a dollar comes from. They know that Trump distributes more than he gets.
But the key to all this came last week when – just for a moment – whether it was a mistake or an anger, he appeared to explain what really drove all this.
It's the fight that they had and should have had years ago. Trade relations are unilateral and strongly in favor of China. It was forever.
Now, I would say that's because the Chinese, basically, manufacture what the world wants and America does not. America has always been more interested in domestic production. Look at his cars. They are American and none of them has reached the international level because all others, from Japanese to Germans, to Italians and British, produce better versions.
But Trump does not see it like that. He sees a big country taking over his business and he is trying to level the playing field.
That is why he agrees with Boris, who told the EU that overnight, the £ 30 billion ($ 58 billion) would not materialize itself. he did not agree. It was the price of the divorce settlement.
And in this figure is the madness of Brexit. Britain is a net contributor to the EU, which partly explains why she voted to leave. Britain injects billions of dollars each year into Europe, with 28 people in Europe who do not know how to manage their economy. The best performers pay the bill. This is their version of the US-Chinese trade imbalance.
Both approaches must be admired. Tusk can complain about anything he wants, but it's part of the problem: conflict-prone paper tamers want everyone to be heard, no matter how much of the debate or expectations.
And, finally, we have some important global players who are ready to defend their countries and their economies. You do not have to like everything about them, but I can tell you that nothing is missing, voters do not miss voters in their respective bases, who will support them.
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