Trump World -USA-2019
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Trump Falsely Claims He Has Wiped Out 150% Of China's Economy
He gloated China's economy has lost up to $20 trillion in value since his election. If true, that would have wiped China off the economic map.
President Donald Trump let fly a jaw-dropping lie in a chatty interview with CNBC Monday, saying that because of his get-tough trade war with China, the Asian nation’s economy has lost ″$15 to $20 trillion in value since the day I was elected.”
The Chinese economy is worth an estimated $13 trillion (it was $12.2 trillion in 2017, according to the World Bank). To wipe out 150% of China’s GDP would erase the country from the world economy and would be pretty ― incredible.
Contrary to Trump’s whopper, the Chinese economy has continued to expand over 6% a year since he was elected.
The Trump trade war is hurting the Chinese economy, because tariffs make Chinese products more costly and less competitive in the American market. But because U.S. companies and consumers pay the cost of tariffs on imported goods, the trade war also hurts America’s GDP (which, incidentally, is $20 trillion). Numbers vary, but estimates for GDP costs in both nations are generally less than 1%.
Before citing a specific figure for China’s losses, Trump said earlier in the CNBC interview that China has “lost many, many trillions of dollars.”
He added: “They’re way behind. They were going to catch us. Had a Democrat gotten in, namely, the one we’re talking about, China would have caught us by the end of her term. They’re nowhere close. They’ll never catch us. Not with what I’m doing.”
More: https://www.huffingtonpost.ca/entry/trump-false-claim-china-economy_n_5cff4567e4b0b02180860b26
He gloated China's economy has lost up to $20 trillion in value since his election. If true, that would have wiped China off the economic map.
President Donald Trump let fly a jaw-dropping lie in a chatty interview with CNBC Monday, saying that because of his get-tough trade war with China, the Asian nation’s economy has lost ″$15 to $20 trillion in value since the day I was elected.”
The Chinese economy is worth an estimated $13 trillion (it was $12.2 trillion in 2017, according to the World Bank). To wipe out 150% of China’s GDP would erase the country from the world economy and would be pretty ― incredible.
Contrary to Trump’s whopper, the Chinese economy has continued to expand over 6% a year since he was elected.
The Trump trade war is hurting the Chinese economy, because tariffs make Chinese products more costly and less competitive in the American market. But because U.S. companies and consumers pay the cost of tariffs on imported goods, the trade war also hurts America’s GDP (which, incidentally, is $20 trillion). Numbers vary, but estimates for GDP costs in both nations are generally less than 1%.
Before citing a specific figure for China’s losses, Trump said earlier in the CNBC interview that China has “lost many, many trillions of dollars.”
He added: “They’re way behind. They were going to catch us. Had a Democrat gotten in, namely, the one we’re talking about, China would have caught us by the end of her term. They’re nowhere close. They’ll never catch us. Not with what I’m doing.”
More: https://www.huffingtonpost.ca/entry/trump-false-claim-china-economy_n_5cff4567e4b0b02180860b26
Sadistic liar. (Trump) To gloat over what he perceives as others misfortunes created by him....is as low as any sociopath can go. but there is no bottom to Trumps lowness.
The really bizarre part of all this is that there are tens of millions of gullible rubes who consistantly believe all of the nonsense that Trump spills out daily. This does not bode well for the future of democracy.
LOL, you trunphaters like the Neapolitan jumbobama weeners well enough.
just not the little ones?
Funny how effed up you get when someone gives you some of your own home style back to your face instead of way of behind your back where you can't fight back like you FAKENEWS democracy and trump haters always do.
Michael Avenatti Is Charged With Stealing Nearly $300,000 From Stormy Daniels
https://www.nytimes.com/2019/05/22/us/politics/michael-avenatti-stormy-daniels.html
MICHAEL AVENATTI: JOE BIDEN USING ‘MY SLOGAN AND THEME’
https://dailycaller.com/2019/06/11/michael-avenatti-joe-biden-slogan/
Biden rips off Avenatti with ‘let's make America America again’ slogan
https://www.foxnews.com/politics/biden-rips-off-avenatti-with-lets-make-america-america-again-slogan
He Can't Help Himself: Joe Biden Plagiarizes Disgraced Michael Avenatti During Iowa Speech
https://pjmedia.com/trending/out-of...isgraced-michael-avenatti-during-iowa-speech/
But you lying, thieving, PLAGIARIZING, traitorous, back shooting cowards make that necessary.
PS:
You should get a cell with Avenutty. He will have decades to pornjoy you.
LOL - Trumph8ers always trying to convince us their FAKENEWS opinions are valid.
Michael Avenatti charged with trying to extort more than $20 million from Nike
(CNN)Federal prosecutors in Manhattan and Los Angeles charged attorney Michael Avenatti nearly simultaneously in two criminal cases Monday, unsealing complaints that alleged he attempted to extort more than $20 million from Nike and that he committed wire and bank fraud.
Avenatti was arrested Monday afternoon in Manhattan, law enforcement officials tell CNN. He was released on a $300,000 bond Monday night
https://www.cnn.com/2019/03/25/politics/michael-avenatti/
HaHa, he must have gone to the Hillary and Bill's adult election camp for off season pointers.
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Will the news be covered when the Judge tells the committee to just read the Mueller report for their answers?
Trump asserts executive privilege to shield documents from House panel investigating decision to add citizenship question to census
The decision was meant to try to undermine a vote by the House Oversight Committee to hold Attorney General William P. Barr and Commerce Secretary Wilbur Ross in contempt for failing to turn over the materials to lawmakers.
Barr had a day earlier warned the Oversight Committee that if it moved toward holding him in contempt, he would ask Trump to assert privilege to protect the materials. The committee, though, rejected his offer, and was set to vote Wednesday on a contempt finding when Trump followed through on Barr��s threat.
source: WAPO
Is that right? I always thought colour was a pretty accurate way of describing someone!
Color describes a person's personality how exactly?
you might as well describe a gal by her make up tones.
You know, like: " As I was admiring the way her foundation was accented by her mascara, she benchpressed me into the ceiling tiles and while holding me there out of the way with one hand, and while holding the door up with the side of her head, she reached down and pulled a frozen steak out of the freezer...
I noticed it was green...but it might just have been the light from the bug filled florescent fixtures overhead...I guess someone was going to have to smell that steak to decide if it was edible or not."
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