Barring unforeseen circumstances, the United States will likely win the trade war with China. However, the end result may not be as great for the United States as President Trump and his supporters may hope.
When all is said and done, the United States will likely come out of this trade war as the unanimous victor. Economically, China simply cannot keep up with the United States when it comes to handling tariffs. Although both countries may see their exports suffer, the results for China will be much worse, given that 14% of the Chinese economy is dependent on exports to the US, compared to just 4% of the US economy that is dependent on exports to China. This trade imbalance will cause the Chinese economy a lot more pain than what their counter tariffs can possibly inflict on the United States. If China doesn’t take the necessary steps to end this trade war, their economy will suffer massively in comparison to the United States. Continue reading Winning the Trade War Doesn’t Mean Victory
The trade war between the United States and China has faced mass criticism within the US with both Republicans and Democrats criticizing the President’s motive for starting it. But from an economic standpoint, this shouldn’t be a topic of debate. For years, China has been taking advantage of the United States economically with their unfair trade policies, theft of intellectual property, and currency manipulation. Continue reading The Economic Motives For A Trade War
On June 26, 2018, President Trump’s controversial travel ban was upheld by the Supreme Court in a 5-4 vote. The ruling was a huge victory for the President, as the Supreme Court confirmed the legitimacy of the ban. The ban prohibiting travel from 7 countries – Iran, Libya, North Korea, Somalia, Syria, Yemen, and Venezuela — has been a topic of fierce debate.
Continue reading Issuing a Travel Ban Was President Trump’s Only Move
In 2017, the New York Times published an articled titled Can North Korea Actually Hit the United States with a Nuclear Weapon?. The world held its breath as Kim Jong Un’s nuclear power continued to expand. Not since the fall of the Soviet Union had there been a realistic possibility of a nuclear attack on US soil. By 2018, Kim Jong Un had committed to the full destruction of his nuclear program. In under a year, Kim Jong Un’s nuclear policy had reversed, as his country became fully committed to denuclearization. President Trump’s foreign policy was finally kicking in as he forced Kim Jong Un into negotiations.
Continue reading A Nobel Peace Prize for Trump?