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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (150330)	8/26/2019 8:17:26 PM
From: Rarebird	Read Replies (2) \| Respond to of 217752

Yes, Trump needs a deal before the election to reinvigorate the economy and win reelection. He can do that and then go back into tariff mode after he wins. The deals with the EU and Japan should have been done before he confronted China. He would have had more leverage and could have used them to increase pressure on China to give into reforms. What is at stake here is economic dominance. China's population is much greater than the US so if the vast majority of Chinese become middle class, China ends up becoming the number 1 economy. That is really what this is all about, just forestalling the inevitable. Trump is obsessed with polls and the stock market. Polls mean relatively little at this juncture, but try telling that to Trump. He is good 10 points behind Biden in many polls, and the later does not view China as a threat. The deals with Japan and the EU are needed to show that candidate Trump is not an economic warmonger, which he is. China is sitting in the driver's seat here. There is no need for them to have to give in at all. A superficial deal to buy more US goods would be a joke of a deal and make Trump look weak. I am not concerned about a deal, a real deal that will detrimentally affect Gold intermediate term.