![]() |
Click above for the video |
Basically agrees with the aim, but thinks it's too much all at once.
Trump is trying to re-set the global trading system. To make it a more even playing field. In particular to make it better for the US which has borne the brunt of supporting rising economies since WW2.
It's a good interview, on CNN, which last night was giving a fair, or at least fair-ISH, take on the market turmoil.
Since this interview last night, Trump has imposed a 90-day pause on the new tariff regime. Which makes sense if it's indeed true that countries -- China aside -- are lining up to talk deals with America.
China is hanging tough. But there's lots of negative news out of there, with manufacturing, both for domestic and for export, suffering huge loss in demand, and many closing down. Which comes on top of a slide of real estate prices. And massive urban closures of F&B outlets.
"We'll see" says orange man.