He thinks bullying these other countries will make them cave, like the GOP has done. They don’t “need” America because they’re making deals with other countries. He’s a buffoon.
He thinks bullying these other countries will make them cave, like the GOP has done. They don’t “need” America because they’re making deals with other countries. He’s a buffoon.
💔🙏
Interesting because the UK, EU & Japan are negotiating trade deals w/ the US right now. China depends on exports to US a lot more than the US depends on Chinese imports. Exports account for almost 2x as much of Chinas GDP than the US GDP. The other countries don't have the demand/cash the US does
Where did you hear this? Can you include the source where you read this? Powell just spoke today about the GDP among other things and it didn’t sound that great.
A simple google search "us exports as percentage of gdp" and then substitute China for US. US is 11% China is 19.4%. You can also search on "us imports from china as percentage of GDP and vice versa". China is far more reliant on US importing their stuff than we are on them exporting to us.
Well. Stats are great until China decides they can be "reliant" with other countries. In a global market and economy, everyone can source elsewhere.
They’re only missing one thing: The biggest customer in the world with the money & willingness to buy their junk on their terms.
The only people caving to his bullying are the American people.
Yep, that includes these billionaires, mainstream media, the disgusting GOP and of course his minions. 🤬🤬🤬🤬