CELENTE: Playing the Trump Card
It’s a spinning wheel and Trump is the spin master
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Once again, another day of Donald Trump in the White House, and another day of him playing The Trump Card.
And with each play of the Trump Card, it is another day of the world wondering what will be the next Wild Card that will be dealt.
As we have noted, “Round and round it goes, where it stops nobody knows.” It’s a spinning wheel and Trump is the spin master.
Let’s go back to the hard, indisputable Trump facts.
Since he was elected, it was high tariffs on more countries on one day, less tariffs another day, and no tariffs the next day. You can’t make this up, and the facts speak for themselves… which we have greatly detailed in this and previous Trends Journals.
And now, once again, Donald Trump played his Trump Card by making new tariff deals with both the U.K. and China in the past week — for how long nobody knows — and the tariffs are way down from his once loudly bragged tariff highs.
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On the China deal, which is by far the most important since the U.S. had an almost $300 billion trade deficit with China last year, the Presidential Reality Show® star, Donald Trump, lowered his tariff spike on China from 145 percent to 30 percent—which by our standards is still high—but seen as a losers deal by the mainstream media.
Indeed, following the Trump tariff deal with China, CNBC’s headline yesterday was: China sees the U.S. trade deal as a huge win for Beijing.
Yes, a “huge win for Beijing,” could be recognized as a big loss for the U.S.