Trump’s Tariffs War, China Wins

“Pathetic, weak and humiliating …”

Meidas Touch.

President Donald Trump

Trump's Ongoing Struggles

In an article written by Erik De La Garza of Raw Story, the headline reads, “Trump slammed as ‘slowest learner in presidential history’ amid ‘humiliating failures.’”

Unfortunately, the link below will not connect you to the story. I must admit, the headline caught my eye. While I'm not a fan of Trump, the article, if you find it, supports the headline's claim. Trump has held views on tariffs that date back to his time in New York real estate. Implementing these views as president has revealed how misguided they are. His next move will likely be to deflect blame, even after recently signing the Geneva agreement with Xi of China.

Read the full article here.

More Humiliation for Trump

In a YouTube clip by Meidas Touch titled, “Trump Gets Broken in Front of Entire World with Retreat,” we hear from economic analyst Justin Wolfers. He provides two contrasting statements:

1. "U.S. trade policy and our macroeconomic prospects are much better today than they were yesterday."

2. "U.S. trade policy and our macroeconomic prospects are much worse today than on Inauguration Day."

   
   

Bloomberg characterized the Geneva exchange between Xi and Trump well. This deal was reached on May 12, 2025:

Xi Defiance Pays Off as Trump Meets Most Chinese Trade Demands

Summary by Bloomberg AI

After two days of talks in Switzerland, the US and China announced a significant reduction in tariffs. The US cut duties on Chinese products from 145% to 30% for a 90-day period, while Beijing decreased its levy on most goods to 10%.

The agreement fulfilled nearly all of Beijing's key demands, including the suspension of the elevated reciprocal tariff, the appointment of a dedicated negotiator for ongoing talks, and the establishment of agreements regarding fentanyl and tariffs.

This reduction in tariffs is viewed positively in China. It might help boost its economy and assist in meeting a growth target of approximately 5% this year, although some analysts caution that achieving a “durable resolution” remains a formidable challenge.

By Bloomberg News 05/12/2025

The Outcome of the Deal

In essence, China got everything it aimed for from this deal. The citizens of the United States faced the consequences of Trump's tariff war. Trump is indeed a slow learner.

China emerged victorious in this tariff war. When Trump claims that China agreed to monitor fentanyl closely, he is merely deflecting responsibility. This deflection serves as a tactic he employs when he has clearly lost a dispute. It allows him to save face, even while arguing for a victory that is evident to all as a defeat.

Impacts on the United States

The ramifications of these negotiations stretch far beyond the headlines. For many Americans, the burden of tariffs has been painful. Prices for goods have risen, impacting everyday consumers. The illusion of a trade war victory has been shattered, revealing a landscape where China emerges as the victor.

Trump's administration has often been characterized by its unwillingness to acknowledge failures. By spinning narratives that absolve him of responsibility, he crafts a version of events that caters to his base but distorts reality.

It is essential to stay informed about the ongoing developments in Trump's world. Media outlets like Meidas Touch play a crucial role in highlighting these issues. They help illuminate how Trump's decisions affect not only the economy but the nation's standing on the world stage.

Conclusion

In closing, the events surrounding Trump’s administration and the recent Geneva agreement reveal a leader who struggles to adapt. His tactics of deflection serve to mask reality but fail to change the course of events. China has capitalized on Trump's unfounded beliefs about trade policy, securing an advantageous position.

It is a reminder for all of us that understanding the complexities of international relations is crucial. The stakes are high, and the implications of Trump's presidency will be felt for years to come. It's essential to continue holding leaders accountable while advocating for policies that serve the wider interests of the American people.

Meidas Touch and similar platforms keep us informed about what is happening in Trump’s world and how his actions impact everyone.