Trump eats, sleep and dreams about China approaching him and begging to negotiate. It is not going to happen and by repeating it will not make it happen either. Xi is now busily building more bridges than thinking about negotiating with Trump. It is driving Trump insane. The joke has gone too far.
Do we still remember that Trump also kept repeating that Mexico will pay for the wall during his first term. Who really paid for the wall? The whole world knows that Mexico did not pay for that wall. Trump also kept repeating that he will bomb North Korea to the stone age if Kim Jong Un did not comply with his de-nuclearization threat. Did Kim Jong Un de-nuclearize? If not, what did Trump do? Nothing! Absolutely nothing!
Trump kept gloating that he is bringing manufacturing back to USA using his tariff weapon and repeating this to support his arguments. Most analysts are saying that this is just a fanciful pipe dream that can never be fulfilled, an empty promise he made since his first term. In fact, the opposite is true with companies like John Deere moving a large part of its production to Mexico due to cost factors. And costs will be the decisive factor that those companies intending to move production to the USA will have to think carefully about. In addition to that, tariffs are going to inflate costs even more. With no plans, strategy, control of raw materials, supply chains to match, all that gloating is going nowhere.
Now the Chinese are making fun of Trump by making AI generated videos of the type of jobs that the Chinese were accused of stealing and which Trump is asking to be returned to the USA. Those were just sweatshop jobs that were pushed to China to benefit USA investors trying to make bigger profits. The Chinese 'peasants' were at that time hungry, prepared to endure hardship, prepared to work hard and bear with the humiliation. Today, Chinese manufacturing has come a long way with automation and robotics coupled with AI and needs fewer workers to run factories.
Trump can take such jobs to the USA for his MAGA base. But the obese MAGA voters are in no position to want to work in such sweatshop environment, having enjoyed the easy life afforded by the money printing mindset and waiting to exchange their toilet papers for the products made by 'peasants'.
Anonymous
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Even trying to go from first world to third is not easy for the USA. First and foremost, USA workers will have nothing of it. They have lost the ability to do an honest day's work on low factory wages. And the Unions representing the workers are not going to lie down on low wages and will demand high wages and shorter working hours. That puts competitiveness beyond reach.
I think it is no use talking further about manufacturing and jobs returning to the USA. It is just flogging a dead horse, when everything is already lost to China - resources, supply chains, markets and work attitudes. The USA should just go back to money printing to exchange for the products from China. Having said that, the USA by weaponizing the US$ hegemony, tentatively also destroyed that privilege, and even this privilege is already being decimated by the progress of de-dollarization moves by BRICS. The USA has no more cards to play and just trying to play dirty. Now experimenting with tariffs and hoping to turn the tables.
Now Trump is trying to force FED chief, Jerone Powell to discard economic considerations and cut interest rates in a move that runs contradictory to reality. Trump is talking about removing Powell now for not lowering interest rates to cater to his agenda. Even if Trump cannot remove Powell legally, he will find crooked ways to do it for sure.
Trump is now a de-facto dictator that has thrown the USA constitution into the dust bin. It is up to USA citizens to save the country. A revolution is the only way out for them. Otherwise, they will lose everything - all the freedoms and may even lose the freedom to vote under a dictatorship in the making. This should not be a time for USA citizens to procrastinate and descend into a situation of waking up to a nightmare and trying to cope with it when it is too little too late.
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