Yeh, they do seem to be bitter and angry. And quite a few in Congress seem to be over-the-top crazy!!
I heard Trump say a few weeks ago that the commitments were up to $17 trillion. Taking into account Trump's pattern of lies and exaggerations, my guess is that the actual commitments should be somewhere around $17,000. That's me joking, but Trump obviously is lying about the amount of the commitments. Regardless, foreign investments in the USA seem to be tied closely to the USA running trade deficits. I also wonder about the benefit or detriment of having foreign governments owning key businesses in the USA. On the other hand, the US government has about $7 trillion invested in businesses in foreign countries, which is more right now than all foreign countries have invested in the USA in the aggregate. I can't speak to the pros and cons o all of this stuff, but, maybe, some of you can.
Do you really think that Trump will exceed his unbelievable 0% success rate he had in his first term with getting foreign companies to follow through on their promises to invest in the U.S.? Well, actually, it was less than 0%. Some of the companies accepted financial incentives from overly eager states and walked away from their deals and kept the money. Trump was actually negative on some of his deals, demonstrating that he is possibly the most incompetent businessman in history. You should probably start with more realistic expectations for Trump, based on his long history of being a complete failure. How about, "if only 0.0001% of the 10 trillion were to come through in the next three years, it would be more than what Trump grifted by selling Chinese-made garbage to his gullible followers. Main Street will not thrive. William McKinley proved how devastating tariffs are to the economy. People stop buying things they don't absolutely need when prices go up 20%, 30%, or 50%. No buying, no commerce --> economy dead. The overseas country does not pay the tariffs--Americans do. McKinley dealt with an economic recession and a depression during his time in office. In his last year in office, he gave a speech and admitted that tariffs were a foolish mistake. No one listened because he was shot and killed shortly after the speech, probably by someone who lost his mind when the economy went south due to tariffs.
