Wave of BAD economic data for China prove NeverTrumpers wrong: Tariffs are working

By Jon Dougherty

(NationalSentinel) Amid a rash of news reports Wednesday claiming the U.S. is headed for a recession, thanks in large part to President Donald Trump’s tariff-centric trade policies, comes a little-noticed report indicating that China, our main economic competitor, isn’t doing so well after all.







While most of the media ignored it,Â The Wall Street JournalÂ reported on a raft of bad economic news for China that likely explains why Beijing was so quick to end its currency manipulation a week ago after the president warned of further trade consequences.

Specifically, the WSJ noted that unemployment in China has spiked amid slowdowns in the country’s manufacturing sector and decreased consumer activity, all of which threaten the Asian giant’s 6-6.5 percent annual growth rate target:

China reported a raft of weak economic data, adding to evidence that the worldâ€™s second-largest economy is slowing further as it remains locked in a trade war with the U.S.