Trump’s Tariff Deal With China’s SURPRISING Result!

Few observers commenting on President Donald Trump’s revised trade deal with China seem to be pointing out that this tariff war has essentially resulted in a return to the status quo ante — in fact with China gaining slightly more favorable trade conditions. After initially escalating tariffs, Trump’s administration has now reduced rates to pre–trade war levels, prompting many companies—including Apple—to abandon relocation plans and return manufacturing to China.

Jimmy points out that the new agreement benefited China by lowering tariffs to 10%, while India and U.S. manufacturers were disadvantaged by higher costs and instability. He concludes that Trump’s trade policies backfired, convincing global businesses that China remains the safest and most reliable place for manufacturing rather than bringing jobs back to the United States.

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#TheJimmyDoreShow is a hilarious and irreverent take on news, politics and culture featuring Jimmy Dore, a professional stand up comedian, author and podcaster. The show is also broadcast on Pacifica Radio Network stations throughout the country.