EricHiggin on 17 January 2020
| sundin13 said: Overall, my take on the recent trade deal announcements (China deal and new NAFTA) is that both of them are positive steps, but they fall miles short of the radical re-imagining of economic systems, or the economic relationship between countries that Trump seemed to be aiming for. There will likely be small scale positive effects in specific areas of the US economy, but it is unlikely to significantly alter the economy at large. It seems predictions related to growth have largely remained in place, with many economists stating that the most significant change is a decrease in uncertainty and a decrease in tariffs (both solving problems that Trump created) while the actual text of the deal seems to be expected to have a much more minor impact. I struggle to see this as a win for Trump. We went into this trade war with some fairly largely demands, and what we received at the end is a step towards normal in return for some minor agreements that wouldn't be surprising to see in the absence of this whole debacle. |
That's how a good businessman operates. You always ask for a little too much, knowing full well you're never going to get it. The point is that if you only ask for a little, you likely will get nothing. If you ask for a reasonable amount, you'll get a little. If you ask for way too much, you'll again, get nothing. If you ask for a little too much, you can now negotiate, and will end up closer to the reasonable amount you should be getting. Sometimes a little more, sometimes a little less.
Sounds here like he got a little less, but is in the range of what was seen as an acceptable compromise. If it wasn't, the deal wouldn't have gone through.
