President Donald Trump insisted on Thursday morning that his trade negotiations with China and his USMCA deal with Canada and Mexico are “moving along nicely.” It’s a big lie, of course, which is why Twitter laughed at him.
Trump signed what amounts to a slightly tweaked version of NAFTA last year when he signed the USMCA deal. But while Trump is pretending that his deal is the new law of the land, the fact is that Congress has to ratify it first, and that’s not going to happen since Democrats control the House. So NAFTA is very much still the law.
As for Trump’s negotiations with China, he still hasn’t achieved a deal despite months of promising that his team is close to getting one.
On Thursday, Trump claimed all is well.
Despite the unnecessary and destructive actions taken by the Fed, the Economy is looking very strong, the China and USMCA deals are moving along nicely, there is little or no Inflation, and USA optimism is very high!
— Donald J. Trump (@realDonaldTrump) April 4, 2019
Twitter users responded to Trump’s desperate lies with mockery.
mister president sir, I have a question: do you plan on traveling to Malware-a-Tugjob this weekend so you can get in a little cheating at golf
— Jeff Tiedrich (@itsJeffTiedrich) April 4, 2019
— benedick (@c__dan) April 4, 2019
But…but…I though there was a national emergency?
— Tony Posnanski (@tonyposnanski) April 4, 2019
“Never trust a president who has had five bankruptcies to understand economic policy.” -Modern American Proverb
— Bill Adler (@billadler) April 4, 2019
Nope. The longest running recovery (thanks, Obama!) is running out of steam. The #GOPTaxScam did not stimulate growth, just stock buybacks. We’re saddled with the biggest deficits on record thanks to you. Your #StupidTradeWar hurts consumers & producers. https://t.co/aRPXsNly76
— Tom Shafer (@TomShafShafer) April 4, 2019
According to a new study published on Wednesday by Deloitte, nearly three-fourths of CFOs said they expect a deceleration of economic activity by the end of 2020–all because of your reckless trade wars with China. You are demented. Resign.
— Lesley Abravanel (@lesleyabravanel) April 4, 2019
How is the USMCA moving along nicely when it hasn’t been approved by Congress?
— Enzo (@Enzo_the_Baker) April 4, 2019
You are personally responsible for the current deficit, trade wars, tariffs, embarrassing tax cuts for your 1% club that have destroyed people. As a Republican shouldn’t you be more concerned about a balanced budget? Let’s be honest…You have no clue what you are doing.
— @RyanFeldman78 (@RyanFeldman13) April 4, 2019
You probably said this before Trump U, Trump Water, and Trump Steaks went out of business as well.
— John Willey (@DaddysinCharge) April 4, 2019
BULLSHIT. There currently are NO “China and USMCA deals”…but there ARE Fed actions/monetary policy. THAT’S why the economy is “looking very strong.” DESPITE you & your moronic trade wars/tariffs… #Trump
— Andy Ostroy (@AndyOstroy) April 4, 2019
Reminder: You have not finalized a single trade deal. Not one.
— David Rudlin (@BaldyRuddRudd) April 4, 2019
You created the conditions which forced the Fed to raise interest rates. Payments on adjustable mortgages and equity lines went up about 6% this month alone. You are terrible at everything.
— Mike Farrace (@mikefarrace) April 4, 2019
Lying about the economy is a huge risk because once the recession does happen, many Americans will be unprepared for it and Republicans can kiss their election chances goodbye in 2020. The fact is that the economy is under strain and Trump has been getting by for the last two years because of former President Barack Obama’s economic policies, which are not going to prop up the economy much longer under the weight of the damage Trump has caused with his trade wars and tax cuts. At some point, the bubble will burst and it will do so right in Trump’s face.
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