Trumps "Gesture of Good Will"

During President Trumps term he has imposed many new tariffs on goods coming into the United States from China. The reason for this was that he wanted to, in his terms "Make America Great Again" and by imposing tariffs from China it makes companies want to stay in the U.S. Recently there has been a turn of events where President Trump has refrained, for a few weeks, from imposing another tariff on China as a sign of "Good Will." This has caused the tensions in the so called "trade war" to diminish momentarily, and hopefully it will lead to a deal being made between the United States and China.

There are negotiators on both sides of the "Trade War" that are trying to stop the back and forth of imposing tariffs on both countries, but they have been unsuccessful. In the spring these negotiators came close to creating a treaty between the United States and China, but Chinese officials withdrew from it because some of the demands the President Trump had offered. Because of this it has cause this prolonged "trade war" to exceed everyones expectations.

Presidential policies could be cause of current economic state

As we all know the current President has very strong stances on many important issues, but there is an area in particular that he considers his "Specialty", and that is business. President Trump believes he can run the country as one of his many businesses and that the country will prosper, and it has been so far.

Although the country is doing good now, his many economic policies are starting to affect businesses immensely. The policy that is doing this is his stance on the relationship between China and the United States economically. Trump is trying to keep jobs in America, but by doing this he is creating a trade war between the two most prosperous countries, which could be leading the United States to another recession. 

The trade war with China has already started affecting manufacturing in the last month. Many economist use the statistic of manufacturing to gage the strength of the economy even-though it only accounts for 11 percent of the United States Gross-Domestic Product (GDP).

Article

The Current Situation with Americas economy

Since the economic recessions in 2008 and 2012, America has been on a steady incline to where we are now. Many aspects of our economy have been booming in the last several years, this includes manufacturers and housing developers. Although the economy is doing so well, there are trends that are making economists believe we are on our way to another recession. 

Living in one of the most prominent city's in the United States many of us do not see the signs that show us we will be entering another recession. But for me, being from a rural town outside of Portland, I am already seeing the effects. In my home town there has been an overwhelming influx of large housing companies coming in and flooding the market, this has caused many small, family-owned construction companies to be subjected to loosing important jobs to the larger companies. This is not the only case, in the last year alone large companies have had to cut many jobs because people are not buying certain products anymore. An example of this is General Motors, they have had to cut several thousands of factory jobs since last November because people are starting to not buy cars anymore.

It is scary to think that our economy is heading in the direction of a recession that could be equal to, or much worse than 2012, but it is something that has to be done because too many people were buying and not enough were saving. This problem can only be prevented further if large companies produce to the amount that they need to and not to maximize profit.

Article