• Because of the tariff Trump placed on soybeans, China cannot afford to buy soybean from America. So China has now made deals with countries in South America to buy soybean and other agricultural products.  When the trade war is resolved, China will not go back to buying American agricultural products, leaving American farmers devastated.
  • America refused to sell computer chips to Chinese companies. China invested $6 billion in IT.  Very soon, China will make it own chips, better, cheaper.  China will not return to the American market, rather, they will sell their chips to the EU and all over the world, taking away from America’s market share.
  • America places sanctions on Russia. Russia makes deals with the EU to sell its oil and NG, and sell military hardware to China, speeding up their ability to confront America
  • Trump pulls out of the Iran nuclear deal, EU nations find ways to trade with Iran circumventing S. sanctions. America will soon lose its ability to control the policies of other countries using the SWIFT payments system.
  • Trump walks away from NAFTA. After months of negotiating, the treaty is 97% the same as it was.
  • Trump walks away form the Paris Climate Accord while every other nation in the world signs on. This while America’s largest corporations have insisted on following the accord’s guidelines in order to not be dropped from the portfolios of every money manger in the country who must now placate their green investors.
  • Trump has just proposed a budget that decreases funding for education and health care for the elderly so he can provide the military with a big increase of their budget.

Every deal Trump breaks ultimately works against America and leaves our country in a worse economic position, more isolated from other countries, less capable of influencing the policies of other countries.

He is a fool.  Don’t you get fooled by listening to his sound bites.

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