Sara’s Blog

Trump Makes an Effort to Defend His So-Called Mexico Agreement ON THE PHONE!

With no schedule yesterday there was an amazing call into CNBC’s morning “Squawk Box” where Trump took the time himself to talk about his end of the tariff threat against Mexico along with the ongoing trade war with China. Trump decided to attack the Chamber of Commerce directly, and the head of international affairs in that chamber, upon whom Trump immediately began some of his personal bashing. While he usually does this in front of reporters, this one was on the phone and directly received. 

However, Brilliant made a point of sticking up for himself and the chamber, despite all of the threats flowing from the president’s mouth. The President disagrees on the impact of tariffs, so he publicly threatens to leave the group and then suggests they are only looking out for big companies rather than the broader country. Trump continues with his argument that tariffs are the one thing that will place America at an economic advantage.

However, what was brought back to the table included the fact that Trump’s impression that all of these so-called tariffs are bringing billions back into the country to be spent although that is a complete like. The chamber even reports that Trump has a hold on all the money.

And, in reference to this conversation, The New York Times reported that”The deal to avert tariffs that President Trump announced with great fanfare on Friday night consists largely of actions that Mexico had already promised to take in prior discussions with the United States over the past several months, according to officials from both countries who are familiar with the negotiations.”
Even with all of the trillions that Trump supposedly claims have been gained during his presidency, another report via CNN’s business team expresses the context of this income as being “according to the Federal Reserve. It rose to $101 trillion in the first quarter, up from $94 trillion in the same period a year earlier, when Trump took office. (The gain shrinks to just under $5 trillion if you adjust the figures for inflation.)
“However, the country was getting wealthier long before Trump’s presidency. After taking a beating during the Great Recession, net worth rocketed back. It rose by nearly $40 trillion during the eight years of Barack Obama’s presidency, or $31 trillion when adjusted for inflation.”
So, with all of this, there is plenty to consider in the income that has been growing in our nation for decades even before Trump. There will be plenty to consider for the weaponizing threats that are used to create a so-called economic agreement that does not create any sort of balance or relationship between the two nations. At this point, there is almost nothing more to see than the way that I expected Trump to run our country from the beginning. As a corporation.