When an article begins with, “Just about everyone understands…” or “There can be little doubt…” you know that the author has a weak case. Investors Business Daily’s post, dated May 10th begins just like that: “Just about everyone else understands that the Trump trade war will be bad for US investors, consumers, retailers and manufacturers. The trade war will hit consumer spending and could freeze business investment in the US. It will damage American business prospects in the world's second largest economy. It will hurt global growth and pressure global financial markets. The longer this takes to sink in, the greater the damage to the U.S. economy.”   While Donald Trump’s critics see the trade war through the prism of a hundred dollar price increase for washers and dryers or impact on the cost of footwear, Trump sees the rise of China as a major economic and geopolitical threat. Trump understands...(Read Full Article)