Psychic On: US Trade War with China

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Q. Hi Lynn,  Recently Mr. Trump declared commercial war on China! As Mr. Wolf (an economist who writes for the Financial Times) puts it: the USA is trying to impose to China a type of disadvantage agreement of the same type the far east country had to sign with the UK during the 19th century. Will Mr. Trump succeed?  And, will this measure bring back jobs to his country? Thanks!! 

(link to the whole articlehttps://translate.google.com/translate?sl=pt&tl=en&js=y&prev=_t&hl=pt-BR&ie=UTF-8&u=https%3A%2F%2Fwww1.folha.uol.com.br%2Fcolunas%2Fmartinwolf%2F2018%2F05%2Fdonald-trump-declara-guerra-comercial-a-china.shtml&edit-text=)

https://www.cbsnews.com/news/china-us-tariffs-trade-war-what-you-need-to-know/

A.  When I tune into this, I do see he will succeed.  There looks to be a much larger plan in play.  Up until now there has been unfair trade between the US and China, and he is working to make it more equal.  I see the media as trying to vilify anything Trump does, whether it be good or bad, and even though the ultimate result will be good for the US, the media (who is backed by the PTW / Powers That Were) are trying to impress upon the people this is bad.  

The citizens of the US want to make a good wage for work they do, and under the current system those jobs are diminishing.  China, with very low wages opens an opportunity for businesses that are trying to turn a profit.  With increased American businesses and manufacturing in China they have also worked hard at taking American products and intellectual property and creating cheaper “knockoffs” versions with sub-par components (plastic versus metal and cheap versus lifetime) .  China looks to be more in the “copy-cat” business rather than the innovation business, and that is a big reason why they need to ultimately stay on good terms with the US.  There is an illusion that the US needs China, but the reality is they need the US more.  Ideally, we continue trade with each other, but it has to be on more equal terms, and China realizes this even though they don’t like it.

Reestablishing more fair trade with China, including tariffs and regulations, means American businesses will have less incentive to take their businesses there.  Which means they will  bring jobs back to America because the “cheaper” alternative will no longer be there.  There will be an adjustment, and things will be tough as companies sort out the best plan of action.  The stock market looks to also have a few rocky months of fluctuation while the deal between the US and China is worked out, but looks to recover strong…  I see the media using this adjustment as a way to give Trump bad press, but this period will be short lived.  In the end the US looks to come out strong, and the economy looks to improve even more.

And that is all I have for this reading.  Thank you.  Love and light-
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