Can Trade Wars Be Won?
Last week, the U.S. and China signed a new trade deal, one that President Trump called, “The biggest deal anybody has ever seen.”
The President argues that the tariffs he has imposed are a vital tool to force the Chinese to keep their promises and bring them to the negotiating table. The deal is currently in Phase 1, but Trump anticipates a Phase 2, which will “open up China to all of your [American] companies.”
As Trump once famously tweeted: “Trade wars are good, and easy to win.”
But critics doubt that this deal will ever reach Phase 2, arguing that China has consistently failed to keep its promises in the past. Reacting to the deal, Senate minority leader Chuck Schumer declared that, “The agreement doesn’t address the Chinese government’s massive subsidies to support domestic industries, devastating global markets, and eroding American competitiveness.”
On Tuesday, February 4, we’re bringing the debate to the Soho Forum. Trump advisor Stephen Moore will argue the affirmative on the resolution, President Trump’s trade-related initiatives against China deserve broad public support.
Soho Forum Director Gene Epstein will take the negative.
Dave Smith, host of the Part of the Problem podcast, will act as guest moderator, in addition to Dave’s usual gig as the Soho Forum’s warm-up act.
You won’t want to miss this clash of viewpoints!