hilarious.

Anyways, the impacts of the trade war that were negative will be compensated. $200 billion increase in exports to China over the pre trade war level is fantastic. Because this deal isn't a one time thing, in a few years the welfare gain will be greater than the loss of the trade war.

And a phase 2 deal coming soon will make it better.

The article you linked talks about how it doesn't "go far enough", however the issue is it's a phase 1 deal - not final. @✨Skolander✨

Besides idk why you linked that study from nber, I know the trade war hard short term ill-effects.

they will just magically be compensated, lul

Yes by seeing much higher exports.

But the best part is the people who were most effected, farmers - have the highest approval of Trump ever.

it's not that it doesn't go "far enough" that's the point, the point is you're losing money.

So it can't have been *that* bad.

We're not losing money with more exports.

Are you stupid? haha

yes you are when you import more than that

That's not how trade works.

and that 200 billion is fictional number

that needs to be enforced

We're not talking about deficits, I'm talking about how much us producers will gain.

Well yes, it's a trade deal.

you think China is just gonna net give you 200 billion?

moronic

Yes they'll buy those goods.

It's part of the deal.

Especially under Trump, boy will they feel pain if they don't.

they're gonna triple their energy imports over one year?

> and that 200 billion is fictional number
It's in the deal.
> yes you are when you import more than that
- Doesn't know how the balance of trade works.

stop living in a delusion already

This is energy, agriculture, manufacturing

Not only energy.

China is not known to keep deals

nor is the US, really

since they just slap sanctions on whoever they want

This is a trade deal, so it's much more tightly kept.

> boosting purchases of agriculture by $32bn, manufacturing by $78bn, energy by $52bn and services by $38bn.

no it isn't lol

wtf is the US gonna do if China doesn't comply?

Go back to high tariffs.

go to war?

Which China doesn't want.

Hence why they cucked so hard.

China is the main exporter here

tariffs hurt the consumer