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."
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.
What makes you think that they do? I imagine the biggest beneficiaries of this whole thing is a somewhat longer runway until Russian and Chinese demographic collapse.
Just the other day I saw a quick street interview on TV. In it, there was a barbershop owner who is also a Trump supporter, and she said that America will endure these difficulties. I got some serious sunk cost fallacy vibes from that interview.
Have you seen him recently? Sometimes he neglects the orange deck stain, and his skin is grey and ghoulish. I swear if he didn't have some necromancer keeping him alive, he'd have died 20 years ago.
Trump is going to loose this trade war in 6 months or less.
We at about to have Covid level disruptions to our supply chain. Over 80 cargo vessels have canceled sailings. Think about the amount of goods we are not going to get in 3 weeks time. Yeah China will loose money and will be hurt by the trade war but they can find other markets.
The USA is going to have epic supply chain disruptions. We wont have consumer goods or components for manufacturing within 6 weeks. It’s going to be a shit show unless Trump backs down.
China can live without us. We can't live without them. Go into a Chinese house and remove all the items made in the USA. Now try that in an American house and tell me what's left.
Trump's regime doubles down, never backs out and holds firm.
Basically, you're fucked. Chinese goods stop flowing, medical devices and equipment stop coming, tools and utilities stop being restocked. You're on your own. Welcome to Thunderdome.
Trump's regime keeps this going until the backlash forces them to give it up.
Then we capitulate to China, end up paying more overall but not an impossibly high figure for our items and life goes on... only a little less swimmingly.
My bet is on #1. Stock up on ammo and food, road warrior.
They know he’s full of shit and even if he foolishly proceeds he will destroy the Republican Party’s electoral prospects for decades, lol. The only question is whether they do a military coup to retain power.
he will destroy the Republican Party’s electoral prospects for decades
Nonsense. Go spend some time on The Federalist, or the New York Post,or r/Conservative, or their pitiful “satire” site The Babylon Bee. They don’t live in reality. The real world is completely irrelevant to them. They could lose everything because of Trump and still think that their woes are the fault of woke Marxist liberals (an oxymoron, I know, but they don’t).
They're not good, but they are easy to win...if you have all the manufacturing facilities and are okay with plunging your country into depression for the sake of absolutely no benefit whatsoever.
If you raise the tariffs to a billion percent then the US will get a billion dollars revenue for every $100 TV that comes from China! There will be so many millions of billions!!!!!! Why wasn't anyone smart enough to do this before?!?!?
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