Generational Dynamics World View

[John J. Xenakis]

** 11-Oct-2019 World View: Trump says US-China trade deal is for the world

A couple of hours ago in the Oval Office, Donald Trump announced a
"phase one" trade deal with China.

https://www.cbsnews.com/news/trump-china...e-updates/

During his meeting, he said some interesting things that probably
won't appear in the print media:

Quote: "This is more important than interest rates. This has
to do with world peace. This has to do with getting along. This
has to do with the rest of the world. This isn't just a deal on
trade. This has to do with a lot of to do with a lot of friction,
a lot of bad things that are happening in the world. So this is
far more important than the Federal Reserve and interest rates.

But the Federal Reserve should just cut interest rates,
absolutely. ...

I think that we're gonna have a deal that's a great deal, that's
beyond tariffs. this is a very important deal for China very
important deal for the world, very important deal fo the United
States. Beyond tariffs.

I really mean that. I really feel that ... world peace ... You
know there was a lot of friction between the United States and
China and now it's a lovefest. That's good thing. that's good
for China, and it's good for us, and it's good for the world.

The Vice Premier said the same thing. And he said it better than
anybody could have said it. He said this is a good thing for the
world. He didn't say China or US. He said this is a good thing
for the world, and he's absolutely right."

As I've described in the past, it was the imposition of tariffs that
led Japan to bomb Pearl Harbor in 1941. Trump is undoubtedly aware
of that comparison, and his remarks address it.