Generally I think he is a brilliant man in some ways, what he wants to do is balance out old deficits with other countries, but the reality of him being able to do it is very difficult. With that said, his mouth is what gets him in trouble. If he would just shut up and do his job then maybe it would be a hole lot better. He is a business man, and he is using business tactics to try to balance out the fairness.
China: hmmm, the whole IP stealing thing has to stop, and I think Xi knows it, but he cannot lose face to his people, so whilist satisfying the people he has to find a way to get the US to agree on terms. Good luck to Xi, it's not going to be easy for him.
North Korea: I expect nothing to come out of that, Kim cannot be trusted, it's all a big joke.
Europe: Hmm this is sort of comical. I am not sure who to believe. Has Europe really not been paying their bills? The US still has bases in Europe, who is paying for those? I cannot find any reliable information, most of it is all crap. It would be interesting if in fact Europe has not been meeting their UN obligations that they should pay up and perhaps that is the reason why they are pissed? If the US left Europe entirely would Europe feel secure to counter Russia themselves? I have no idea.
US: Trade war, yeah, it's gonna sting for awhile I think. Consumers will get the bad end of the stick. Small price to pay short term, but if this continues, yeah... it's not going to be pretty.
And pissing off allies is probably not the best idea. But the Chinese market has been hit because of all this, investors have kind of lost some hope in the Chinese Govt's ability to deal with it. And I partially agree.
Anyway, time will tell. I am not for him or against him, I am sort of sidelining it to see where it all leads. | |