Guess Whose Business Won’t Be Hurt by Trump’s Trade War?

Guess Whose Business Won’t Be Hurt by Trump’s Trade War? July 9, 2018

Well, isn’t this convenient?

I’ve been telling you about the pain being felt by pork and soy farmers, nail manufacturers, Harley-Davidson motorcycles and others, all victims of President Trump’s ill-advised, absolutely NOT conservative trade war against our allies.

China is a another deal, all together. I suspect President Trump is desperately conflicted. On the one hand, he openly admires how Xi Jinping has been able to wrest away control of the nation, effectively making himself president for life.

Such a move appeals to Trump’s authoritarian ambitions.

Otherwise, the trade war with China could be the most destructive, yet. On Friday of last week, he implemented tariffs on over $34 billion in Chinese goods.

Boats, medical supplies, and auto parts all felt the axe. China retaliated with tariffs of equal value on American goods.

Do you know what sort of products didn’t get taxed?

Hint: Favored child Ivanka won’t be forced to tighten her designer belts.

While Trump rails at Harley-Davidson motorcycles for moving some production to Europe to dodge EU tariffs, the first daughter and senior White House adviser has never manufactured a single product for her Ivanka Trump brand on American soil.

And those products, manufactured in China, will not be touched by Daddy Trump’s trade war.

That means Chengdu Kameido Shoes in Sichuan province can continue to supply shoes for the Ivanka Trump brand as it has in the past. It’s currently bidding for a new contract to manufacture 140,000 pairs of shoes for Trump’s company, a spokesman told The South China Morning Post.

Oh, my. How convenient.

All of Ivanka’s products had been exclusively handled in factories located in China and Hong Kong up until 2017. Some production, however, has been relocated to factories in Indonesia, South Korea and Vietnam

Some. Not all.

Tariffs and pain for thee, but not for me.

Other enterprises and workers in the U.S., meanwhile, are already feeling the heat from a trade war. China’s retaliatory tariffs have targeted U.S. seafood, soybeans, dairy products, cars, apples, whiskey, pet food and cigarettes, among several other products. Farmers are fearful they won’t be able to sell products they had earmarked for China. They also worry that suppliers from other countries will pick up the valuable market — for good — that they have worked for years to cultivate.

“Soybeans are the top agriculture export for the United States, and China is the top market for purchasing those exports,” Iowa soybean grower John Heisdorffer said in a statement. “The math is simple. You tax soybean exports at 25 percent, and you have serious damage to U.S. farmers.”

It would appear that Trump’s faithful are the ones who will feel the pinch.

Ivanka isn’t the only hypocrite in the Trump family. Despite President Trump’s “America first” act, the bulk of Trump-branded products are manufactured in foreign factories.

The president even continues to profit from partnerships involving the Chinese government through state-supported companies and investments, including in developments in Dubai and Indonesia, notes the Washington Post. Ivanka Trump won a number of valuable trademarks in China just as her father was pushing to lift U.S. sanctions against Chinese telecom company ZTE, over the objection of congressional leaders. Trump announced his support for ZTE 72 hours after the Chinese government agreed to put half-a-billion dollars into the Indonesian project. The deal raised “serious ethical issues,” the head of the U.S. Office of Government Ethics said.

None of this is shocking to those who knew about Trump’s long history of grifting. What we’re witnessing is a long con, and when the dust settles, the American people will not be the winners. Only the Trump family business is benefitting.

 

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  • IllinoisPatriot

    Time for some serious legal analysis of the meaning of “treason” and how it applies to the process of selling out one’s country for personal gain……

  • Ellen Elmore

    While he was running for president, Trump only pretended to care about the American worker. Now that he is president his true colors are showing. Trump only cares about Trump and his family.

  • Polarbearpapa

    10 Samuel told all the words of the Lord to the people who were asking him for a king.

    11 He said, “This is what the king who will reign over you will claim as his rights: He will take your sons and make them serve with his chariots and horses, and they will run in front of his chariots.

    12 Some he will assign to be commanders of thousands and commanders of fifties, and others to plow his ground and reap his harvest, and still others to make weapons of war and equipment for his chariots.

    13 He will take your daughters to be perfumers and cooks and bakers.

    14 He will take the best of your fields and vineyards and olive groves and give them to his attendants.

    15 He will take a tenth of your grain and of your vintage and give it to his officials and attendants.

    16 Your male and female servants and the best of your cattle and donkeys he will take for his own use.

    17 He will take a tenth of your flocks, and you yourselves will become his slaves.

    18 When that day comes, you will cry out for relief from the king you have chosen,

    but the Lord will not answer you in that day.”

    19 But the people refused to listen to Samuel. “No!” they said. “We want a king over us.

    20 Then we will be like all the other nations, with a king to lead us and to go out before us and fight our battles.”

    1 Samuel 8

    So all I can say is ….All hail the king…they asked for him ..now they have him…

  • captcrisis

    I think of past Presidential scandals, some real, some cooked up, and compare them to the scale of corruption going on under Trump. My mind is boggled. Nothing in the past comes close.