Trump Wins, Beijing Loses

In a weird legislative day, San Fran Nan announced two articles of impeachment and followed this up with a deal on the new North American trade agreement, USMCA. She had to. So far the House Dems have absolutely nothing to campaign on besides impeachment. 

The USMCA is a huge win for Trump. The markets will love it, so will employers and so will unions, who pressured Nancy to make the deal.

Most importantly USMCA is a terrible blow to the Chinese trade position. Their imports to the US are down 23% this year and Chairman Xi will be under enormous pressure to finish negotiations. With a roaring economy and USMCA, Trump can afford to walk away from the table. Yesterday was Black Tuesday for Beijing.

Always trust Trump, never bet against Trump, and don't get tired of winning.