Summary

China has shrugged off the latest U.S. tariff hike, dismissing the Trump administration's threats as a "meaningless tariff numbers game."

Donald Trump's move to impose tariffs "wiped trillions of dollars off Wall Street" and raised duties on foreign goods, claiming to bring back U.S. manufacturing jobs.

A White House fact sheet announced tariffs on some Chinese imports would rise to 245%.

China’s Commerce Ministry said the move "fully exposes the fact that the United States has become irrational" and vowed to see the trade war "through to the very end."

you are viewing a single comment's thread
view the rest of the comments
[–] 208 points 1 year ago (5 children)

Lmao. Could be 2400% and it still wouldn't matter. China already has the pipelines to circumvent all retaliatory measures including Chumps tariffs.

Remember how China exposed all the luxury brands? It's that. Send the products to Vietnam or Brazil or somewhere. Get a domestic label sewn on and bingo.

Xi is playing chess. Chump is playing with his own feces.

  • source
  • hideshow 10 child comments
  • [–] 66 points 1 year ago

    Once again I miss competence. Just - plain old competence. Knowing a goddamned thing.

    Unfuckingbelievable we're here again. The fucker almost wiped out the planet last time with a virus. Gotta give him another at-bat eh? Fucking idiots.

  • source
  • parent
  • [–] 21 points 1 year ago (2 children)

    In Trump's defense, its easier to shove a turd through the round hole than a square peg. Especially if it's liquid McD's turds.

  • source
  • parent
  • hideshow 4 child comments
  • [–] 10 points 1 year ago* (last edited 1 year ago)

    I mean, that's still a lot of extra cost and red tape, and the guys sewing labels will eventually start sewing everything else.

    It rarely adds 200%, though. At 125% the talking head were already saying the US was in effective embargo territory, so it is kind of meaningless.

  • source
  • parent
  • [–] 2 points 1 year ago*

    do you know where someone could acquire those higher end products through other channels? some Chinese or other website selling quality products for cheaper than the brands but still for a profit for them?

  • source
  • parent