An Appeal To Christmas Cheer To Forestall More Tariffs To China
In less than 4 months, people all over the world will be celebrating Christmas. As early as September, shoppers are already searching for Ugly Christmas Sweater to wear during the holidays or to gift their loved ones. Ugly Christmas sweaters have become part of the Christmas tradition that includes Santa Claus, reindeers, elves, Christmas trees and carols.
Trade advisers of President Trump were searching last week for a possible strategy that could forestall threatened tariffs to China. They found a unique approach which is an appeal to Christmas cheer. The president’s team is under pressure from retailers to prevent new tariffs on Chinese goods that would cause the prices of popular consumer goods to rise. New tariffs would effectively ruin Christmas cheer.
It seems that the unique approach worked because Trump has announced that new tariffs will be delayed until December 15. Trump insists that the trade war will eventually benefit Americans; however, while demonstrating his toughness towards China, it caused markets to soar last Tuesday. Whatever gains were erased a day later and everyone fears an impending recession.
As signals gradually increase towards global recession that is partly spurred by the trade war, Trump and his advisers are looking for possible ways to prevent anxieties over the economy from reaching Americans before the presidential elections next year. Trump is counting on a robust economy to get him reelected.
Voters who approve Trump’s performance in office say that the main reason why they voted for Trump is the economy. With reelection as his goal, Trump boasts that Americans who do not like him have no other choice but to support his reelection otherwise the economy will collapse. People are familiar with the underlying theme of Trump’s political discussions which is the importance of the US economy. He has made tough moves against China and made the assurance of an economic rebound.
With all the economic issues, tariffs and warnings of a global recession, there is still reason for people to be happy. The holidays are fast approaching and Ugly Christmas Sweater parties are being planned at work. Start your shopping early to avoid the holiday rush.
