Congressman Dan MeuserVerified account

That old “LIMA Agreement”, seriously screwed the right minded, right hearted people; didn’t it @IvankaTrump for the innocents in Australia.

I really wish republicans knew what the hell they were doing but they don’t and they just keep making bigger and bigger messes PLEASE STOP

That’s not how trade deficits work. It just means a $200bn smaller gap. If China produces less and we produce the same, the gap still closes. And given the damage trade wars do to the entire global economy, anticipate that gap closing through reduction, not growth

“But analysts question how much the U.S. really got out of the initial agreement, other than a commitment from China to boost its purchase of American goods and services by $200 billion over the next two years.” 2 years...

You just have to make sure, that you can deliver 200 bio USD worth of goods... feels a bit of a push even if they trying very hard

"(2/2) The Phase 1 deal with China should reduce our trade deficit with China from $387 bn to $187 bn"- @RepMeuser It should; But it won't. Doesn't matter. Even a 25% reduction in the trade deficit is huge. It's the specifics; Steel dumping tariffs stay.https://twitter.com/RepMeuser/status/1216078115769810944 …

Stock market is doing well because of the massive stock buy back corporations are able to afford due to their massive tax cut, which has zero benefits for the worker

Should? Hmmmm