In the words of John Kerry(who served in Viet Nam) I say Bring It On!
Yawn.
So what. They tariff basic commodities like ag products. That means they have to create domestic industries to get those - where’s the farm land they plan to do that with?
We tariff manufactured goods which means we re-start our own manufacturing plants which were making things long before the ChiCom state expropriated the business.
Who wins in a game like that?
China putting a tariff on goods from Chinese companies in the US ? LOL
china really doesn’t want to play this game. Maybe we should take another look at “most favored nation” status.
Going to hit a lot of rural red states hard.
With a huge trade imbalance it is impossible for China to list more goods than Trump.
The country’s tax agency gave no date for the 25 percent increase to take effect...
...
Of course not. They know they’ll lose a trade war.
Trump’s putting pressure on them, so he’ll get a better deal for America.
We’ve been in a trade war with China for over a decade - this is the first time we suited up...
Scrap metal, scrap glass, scrap cardboard, scrap plastic, scrap paper, scrap cloth, scrap ...?
I’m not the least little bit worried about this. PDJT is going to get the best deals he can for AMERICA. Of that I am sure.
We send China food & textiles (soybeans, grains, pork, leather & cotton) and import oil, machinery, cars, gold & gems, plastics and ‘organic’ chemicals, whatever they are.
I’d like to get a better deal on those imports. I’d think China would be hurting if we cut off food and textile supplies. They have almost a BILLION and a half people to feed and clothe and for some reason can’t be self-sufficient in those two critical areas?
*SHRUG*
I would be happy with a 25% tariff on all Chinese products.
And if they want to tariff our’s in return, no problem. Because we export to them so much less than we import.