Trump declares a victory in his trade war. Skepticism is warranted.

Sep 2012
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This pretty much sums it up: "claiming victory is one thing; demonstrating it is another. And Trump has shown more of a knack for the former than the latter." His only "victories" are in his deluded alternate reality.

Trump declares a victory in his trade war. Skepticism is warranted.
For the second time in two weeks Wednesday, President Trump emerged from a high-profile meeting with European allies and claimed victory. This time, it was hailing alleged concessions from the European Union to avert the escalating trade war Trump launched.

“This was a very big day for free and fair trade — a very big day indeed," Trump intoned alongside European Commission President Jean-Claude Juncker.

But claiming victory is one thing; demonstrating it is another. And Trump has shown more of a knack for the former than the latter.

Despite Trump's “very big day for free trade" declaration, the details thus far are thin and vague. The E.U. will buy more soybeans and liquefied natural gas, and existing tariffs on steel and aluminum will be reevaluated. The rest, it seems, is to be determined — part of “a dialogue" Trump proudly announced and predicted would be a great success. “We’re starting the negotiation right now, but we know where it’s going," Trump said, making clear this is hardly set in stone.

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