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His economy hit by tariffs and Iran war, Trump demonstrates art of losing to China
MSNBC· 2026-05-12 03:50
OK, as we said, Donald Trump heads to China this week. It's a big deal. It's a country who's standing in the world is growing while America's is slipping.Trump's war in Iran has not only succeeded in giving Iran a brand new weapon, the Strait of Hormuz, but it's further weakened America's economy and this nation's position in the world, much of which is to China's benefit. Today Trump said losing a vital free global shipping artery in the Strait of Hormuz was quote genius because now countries are buying oi ...