Harley-Davidson moves production overseas to avoid tariffs implemented by the European Union. In this case, Trump’s protectionist policies have back-fired.
Despite Trump’s trade war with allies, including China, the EU, and Canada, investors are continuing to put their money – and faith – into the stock market.
China might offer to purchase $200 billion worth of products from the United States following Trump’s sanctions. However, if Trump were to agree to the trade deal – despite advice from economists – it would be effective in his dealings with Kim Jung-un as well as the trade deficit.
After North Korea figured out the purpose of the attempt at reconciliation, notably, the intention for them to denuclearize, officials from the government claimed the US has “sinister” intentions.
A win for Donald Trump in the foreign policy department but it’s not likely to continue if they’re serious about having Kim Jong-un get rid of his nuclear weapons.