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[Markets] Trump Celebrates "Greatest Trade Deal Ever Made," Bashes "Cryin' Chuck Schumer" For "Knocking It" Trump Celebrates "Greatest Trade Deal Ever Made," Bashes "Cryin' Chuck Schumer" For "Knocking It"

If you thought yesterday's 90-minute press conference bukkake - where President Trump demanded that a senior JPM executive thank him for the bank's record profits - would be the extent of the administration's trade war 'victory lap', then you clearly underestimated this president's commitment to winning.

In a tweet published Thursday morning, President Trump gloated that he had just struck "one of the greatest trade deals ever made!"

He added that the teal is "good for China, and out long term relationship," before adding that "250 Billion Dollars" will be returning to the US thanks to Beijing's promise to scale up imports.

The US is now "in a great position" to kick off negotiations for Phase 2, and advised that passing USMCA is "NEXT!"

Earlier this week, Mitch McConnell said the Republican dominated senate might pass USCMA by the end of the week, making it extremely likely that the deal will make it to the president's desk in the coming days.

Meanwhile, Dems are doing everything they can to redirect news coverage away from Trump's trade triumph (even if the 'fragile' deal does nothing to resolve the US's biggest gripes about Beijing) and toward their impeachment circus.

In a second tweet sent 20 minutes later, Trump took a shot at "Cryin Chuck" Schumer, whom Trump insisted "is saying privately that the new China Trade Deal is unbelievable" even though he "publicly knocks it whenever possible."

"That's politics, but so bad for our country," Trump added.

Free-trade Dems including Schumer persistently discouraged Trump from mixing it up with the Chinese. So it's only fitting that they're trying to distance themselves from Trump's trade agenda.

Tyler Durden Thu, 01/16/2020 - 09:09
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Published:1/16/2020 8:25:48 AM
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