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- cross-posted to:
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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.”
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China manufactures most of the products from US companies. As we also see now, Chinese companies promote the idea of buying from the manufacturer directly instead of the middle man like “Why buying the Nike shoes for 80$ if you can get them from us for 5$.”
Trump is an unserious president
He’s just getting extra silly with it.
Lol so randum!
Trump has already lost this war. The war he started because he’s stupid as fuck. He’s going to die before he sees the results of the chaos he reigns.
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.
But but but the DR said he’s perfectly healthy due to all the strenuous golf we’re paying him to play
Imagine if he walked the courses? He could lose so much weight.
He got the highest marks!
It also said he’s 6’3" and 224 lbs. I’m calling BS on both of those.
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.
If Americans see one empty shelf, there will be weeping and panicking in the streets.
There will also be shooting and looting
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
That’s what they said about Nixon. Look at how that’s turned out.
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).
Trump has the lowest approval rating in history with independents
All five of them?
The diehards are not persuadable but not everyone in this country – or even a majority – is willing to lay down their lives and their livelihoods for Trump.
I can only picture Xi Jinping swimming through a pile of rare earth minerals like Scrooge McDuck, while a call from Trump rings, unanswered.
…please read project 2025, this has all been pre-planned and ready to be executed…
AFAIKk project 2025
callsdoesn’t call for tariffs; that’s a Trump original.Edit: brainfarted.
removed by mod
It does, I’ve linked the exact section before, but I’m not the person you responded to. Just open the p25 document and search tariff.
there should be NO shock here
Trade Wars Are Good And Easy To Win
~ Sun Tzu, War of the Art of the Deal
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.
Wait, what’s the definition of “win” again?
facetiously:are people this stupid?
reality:yep
There is functionally no difference between a 145% and a 245% tariff.
The cost of going through a black market rather than a clear or grey one is likely already below 145% and the grey one is likely to fill most gaps in the long run anyways.
Grey market tariff skirting might be Canadian or UK companies slapping their logos and “made in X” marker after making a tiny change to the product. The barrier to entry on this is quite low as is the risk. If your profit is capped at 145% you still have a lot of room to make money.
Generally any tariff over 50% eats into profit margins sufficiently to end trade altogether.
Any escalation in tariffs above that is essentially just a symbolic dick measuring contest. China is being the adult in this situation by not engaging.
So now we see whether Trump gives in or makes up bigger and bigger numbers. “900%! 1,776%! A BILLION PERCENT!”
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???
Kinda like the trillions we’ll make from golden visas 🙄
within projecct 2025 is the alientation of all foreign trade due to “internal security”…should i quit now?
These cultists are trying to ride the 80 year old wave created by the atom bomb.
Shart of the meal 💩
I hope Trump holds long enough for the release of the next iphone
Because ♾️% > 245%
