by Countable | 5.13.19
“Right now we have great earnings in this country. I don’t know that the President would have come out with a stance this hard if we didn’t have a 3.2% GDP number on the last report. When you are in the middle of a negotiation this big, you have to use all your guns.”
“It’s painful,” said Helfenbein. “All of a sudden [last] Sunday at noon, the President tweets ‘we’re going to 25%.’ That bothered us. We weren’t able to grieve on the last $200 billion, and we don’t know if we’ll be able to grieve on the next $325 billion.”
“Everything’s all connected,” Streible said Monday by phone. “The trade tensions breaking out and the escalation of tariffs back on the U.S. products is weighing in on not only global growth, but commodities as a whole.”
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(Photo Credit: iStock / Eblis)
Written by Countable