Once again, Trump is tooting his own horn. This time he is claiming to have reached a deal on trade with China. But as with most of his claims, it isn't true.
The two nations have only agreed on a broad outline of a plan to be negotiated. No plan has been approved or signed by either country - and it still could be quite a while before one is approved.
Trump did the same thing with Great Britain. He claimed to have done a deal with Great Britain on trade. But all the two nations did was agree on a broad outline to be negotiated. To this date, no plane has been agreed to or signed by either nation.
Trump has put tariffs on virtually every country in the world. He expected most to come to him on bended knee to agree to a trade plan that benefitted the United States. That has not happened.
Despite what Trump may claim, not a single trade deal has been approved, finalized, and signed with any country - NOT ONE!
Trump's economic policy remains a mess - creating chaos and confusion for businesses. Prices continue to rise, and shortages are on the horizon.
Anyone who thinks Trump is winning his worldwide trade war is living in a dream world.
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