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How can someone so powerfull be so misinformed ?
Battle lines are being drawn today because of ........ whatever takes his fancy.
Below copy and paste from BBC news who have looked into his reasoning ?
By Gerry Georgieva
During the 15 minutes that President Donald Trump spoke to reporters last night, he claimed that the United States was running a $1tn trade deficit with China.
He's just announced that he plans to hit Beijing with an extra 50% tariff unless it drops retaliatory levy
We can’t find any evidence for his claim, which he made several times
The US does run a trade deficit with China, meaning that it imports more in goods from that country than it exports to it, but the figure was just over $295bn for 2024, external.
Globally, in 2024, China exported nearly $1tn more goods, external than it imported so it’s possible that Trump may have been mistakenly referring to this figure.
Below copy and paste from BBC news who have looked into his reasoning ?
By Gerry Georgieva
During the 15 minutes that President Donald Trump spoke to reporters last night, he claimed that the United States was running a $1tn trade deficit with China.
He's just announced that he plans to hit Beijing with an extra 50% tariff unless it drops retaliatory levy
We can’t find any evidence for his claim, which he made several times
The US does run a trade deficit with China, meaning that it imports more in goods from that country than it exports to it, but the figure was just over $295bn for 2024, external.
Globally, in 2024, China exported nearly $1tn more goods, external than it imported so it’s possible that Trump may have been mistakenly referring to this figure.
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"Just wait and see I can turn this water into wine. Believe it". - D. Trump Esq 2025