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.”
What are americans going to do? Stop buying Chinese crap?
Once amazon warehouses are empty the tariffs are gonna be „paused”. In trumps own words „he has no cards”.
There’s two ways this works out.
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.
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.
… and TP. don’t forget to stock up on TP
Those who don’t will have to take brown-town to the shower nozzle.
This is completely unrelated but what’s with the subscript opening quotation marks? Is that a standard in a specific language? I don’t think I’ve ever seen that.
Iphones do it by default. At least for my polish-english mixed keyboard (which sucks fat cocks)
German, for example, uses them
Thank you
No we are just gonna keep buying the cheap crap at the new tariff price because we have no financial literacy in this country and easy access to credit.
Not at %245…