Listen Live

    Currency Manipulation & Aid Misappropriation

    Get short URL

    Following the designation of China as a currency manipulator by US President Donald Trump’s Treasury Department, 45 himself took to Twitter on Tuesday to declare that the US, despite being embroiled in a tense trade war with China, is in “a very strong position.”

    Donald Trump keeps picking trade fights with China and expressing the utmost confidence that nothing can possibly go wrong.

    Amid a slew of videos clips of pundits Lou Dobbs and Jim Cramer praising Trump’s stance against China, the president continued to pat himself on the back, claiming that “companies are coming to the US in big numbers.”

    Though Chinese companies have abruptly halted purchases from the US’ agriculture industry in response to Trump’s upcoming 10% tariffs on some $300 billion worth of Chinese imports, Trump assured “American Farmers” that “China will not be able to hurt them.”

    Data, however, shows that Trump, who touted that “trade wars are good and easy to win” in March 2018, has a pretty narrow vision when it comes to saving said “American Farmers.”

    The Washington Post reported that in a weekly agricultural conference call on July 30, Senate Finance Committee Chairman Chuck Grassley (R-IA) said the lack of hard payment caps on the Trump administration’s trade war aid for farmers has led to a gross misappropriation of funds. According to the nonprofit Environmental Working Group, a tenth of recipients received more than half of the available $8.4 billion of aid.


    Dow Drastically Falls 767 Points As US-China Trade War Escalates
    Chinese TV Drama in Hot Water Over Map Excluding Taiwan (Photo)
    US Designating China as Currency Manipulator to Backfire on Global Economy - Chinese Central Bank
    Trump Says US in 'Very Strong Position' in Trade Dispute with China
    Duterte Calls US ‘Responsible’ for Driving Philippines into China’s ‘Waiting Arms’
    China, China, trade war, trade war, agriculture, farmers, farmer, Donald Trump
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik

    More cartoons

    • Former White House press secretary Sarah Huckabee Sanders is joining Fox News.
      Last update: 01:11 23.08.2019
      01:11 23.08.2019

      Faux News?

      A little more than two months after her resignation, former White House Press Secretary Sarah Huckabee Sanders has officially signed with Fox News Channel to provide political commentary and analysis.

    • Trade Troll
      Last update: 00:10 21.08.2019
      00:10 21.08.2019

      Tower Troll

      US President Donald Trump added to the recent distress following reports of his increased interest in Greenland on Monday evening by tweeting a doctored image of what he promises “not to do” to the Danish-owned island territory if it comes under US control.

    • No Grabbing Greenland
      Last update: 02:28 17.08.2019
      02:28 17.08.2019

      No Grabbing Greenland

      The prime minister of Denmark and several other politicians were not so amused after a report claimed US President Donald Trump has expressed interest in acquiring Greenland as a US territory.

    • Enacting Endangerment
      Last update: 00:07 14.08.2019
      00:07 14.08.2019

      Enacting Endangerment

      US President Donald Trump’s administration announced Monday a revision to the 1973 Endangered Species Act that would make it easier for officials to remove a species from the list and allow them to perform a cost analysis prior to designating another as endangered.