Commentary: Trump isn't 'winning' his trade wars [Yahoo! Finance Canada]
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Source: Yahoo! Finance Canada
The New York Times declared recently that " Trump is winning his trade wars ." The Hill says he's on a " hot streak ." The Associated Press claims "Trump is getting the economy he wants All this stems from a flurry of trade deals Trump has negotiated leading up to his self-declared Aug. 1 deadline for trading partners to make deals or face his wrath. But this isn't winning. Trump is shackling the US economy and threatening his own political future. His tariffs will inevitably weaken the economy and rattle voters who are already losing faith in Trump's ability to safeguard their prosperity. Trump's supposed "wins" of late include trade deals with South Korea Japan Indonesia , and the European Union . Still in the works are deals with Canada, Mexico, and China, the top three US trading partners. Most of the deals announced so far lack specifics and may be more like frameworks for deals that will take months to hammer out. Wall Street likes them anyway. Under the newly minted dea
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