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You are here: Home / Economy / Can Trump Get Out of a Trade Crisis He Created?

Can Trump Get Out of a Trade Crisis He Created?

December 5, 2018 at 9:03 am EST By Taegan Goddard Leave a Comment

“Three days after Trump emerged from his dinner with Xi touting an ‘incredible’ deal, U.S. and Chinese officials were offering different accounts of whether there was a 90-day deadline for progress in new trade talks, the schedule for China to increase its purchases of American farm and industrial products, and Beijing’s plans to reduce or eliminate specific tariffs,” the Washington Post reports.

Said Trump on Twitter: “President Xi and I want this deal to happen, and it probably will. But if not remember… I am a Tariff Man. When people or countries come in to raid the great wealth of our Nation, I want them to pay for the privilege of doing so.”

First Read: “Remember, this trade/tariff standoff with China is a crisis that Trump created, and it’s a crisis that he ultimately might not be able to solve, because he doesn’t understand that tariffs mean higher prices for American business and consumers.”

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Filed Under: Economy, Foreign Affairs

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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