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China Pulls The Football...Again...State Media Says ALL Tariffs Must Be Removed Before Any Deal...

December 1, 2019
5 Comments
China Pulls The Football...Again...State Media Says ALL Tariffs Must Be Removed Before Any Deal...
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Chinese state-run media, the English-speaking Global Times, today once again showed Chinese duplicity in any trade 'negotiations' declaring that 'sources in Beijing' want all tariffs removed before any 'trade deal' can be signed with the Trump administration.

We at CD Media wrote just this morning that no trade deal was possible with China and the U.S. should keep tariffs in place and grow our economy organically under Trump deregulation and free-market incentives.

The real question now is whether Trump will increase tariffs as he threatened to do after delaying the increases earlier in the year in an attempt to reach a deal with Beijing. Obviously President Xi and his hardliners expect Trump to fold in an election year.

In a time when Trump is fighting the Deep State for control of the executive branch, we doubt he will cave to Chinese bullies. In our opinion, the markets and the economy are rising due to his economic policies rather than some nebulous 'trade deal' which is getting less and less material to American economic growth.

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CD Media Staff

The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."
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    5 comments on “China Pulls The Football...Again...State Media Says ALL Tariffs Must Be Removed Before Any Deal...”

    1. Not going to happen. In fact, they will probably go up. China's economy is very fragile and if we were to sanction they for human rights abuses, their economy would die along with the Chinese Communist Party.

    2. Tariffs have no upper limit. Tariffs go up again December 15. USA is prospering like never before. Tariffs brought the jobs home. Higher tariffs bring more jobs home.

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