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Not only the DT has the most number of corruption by any regime, most billionaire in cabinet, but now becoming most red tape on TRADE WAR.
They have to decided whether Iphone will be exempted from China, or watch or accessories.
Each individual company will apply for exemption from the list, item by item. Absolute nightmare in administration, requires more people to administer, more favorite by DT whatever he pleases.
Just want to limit export by China, it is like asking Colombia, Mexico to limit their Drug export, with the increasing demand from US customer for drug products, in this case consumer goods with lower prices.
The result is just like drugs, more restriction higher prices. Drugs in native country is worth next to nothing, it is the add on transport selling issue that increases it.
550 Billion exports with 150 billion imports from China, US is benefiting a deflation of US product prices, and if currency manipulation will remove the tariff effect from US. |
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