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Tariffs: Our President is about to annihilate China

Posted on 7/31/18 at 10:21 pm
Posted by Northwestern tiger
Long Island NY
Member since Oct 2005
23485 posts
Posted on 7/31/18 at 10:21 pm
quote:

Trump to propose 25% tariff on China imports worth $200 billion,



quote:

U.S. President Donald Trump's administration had initially announced it would seek to impose a tariff of 10 percent on $200 billion of Chinese imports, and raising the level to 25 percen



quote:

an announcement could come as early as Wednesday




DOW jones
LINK

Verus China



This post was edited on 7/31/18 at 10:57 pm
Posted by CapperVin
Member since Apr 2013
10552 posts
Posted on 7/31/18 at 10:25 pm to
Obviously this won’t end well
Posted by Robin Masters
Birmingham
Member since Jul 2010
30001 posts
Posted on 7/31/18 at 10:26 pm to
Cheap Chinese shite becoming less cheap. Still shite we can live without. Hopefully the businesses that bet on America and Americans will get a nice windfall for a change.
This post was edited on 7/31/18 at 10:27 pm
Posted by mahdragonz
Member since Jun 2013
6947 posts
Posted on 7/31/18 at 10:27 pm to
The Chinese economy is state run and can artificially prop it up.

China could withstand decades of tariffs if not a century.

They know trump is a paper tiger and can't stomach when he will start getting criticized.
Posted by OMLandshark
Member since Apr 2009
109158 posts
Posted on 7/31/18 at 10:59 pm to
The fact that this only has two downvotes at this time proves this board is retarded.
Posted by TigerAxeOK
Where I lay my head is home.
Member since Dec 2016
24993 posts
Posted on 7/31/18 at 11:09 pm to
Meanwhile, in Beijing...

Xi's wife just brought him a pack of wet wipes and a clean pair of underwear.
Posted by Skeezer
Member since Apr 2017
2296 posts
Posted on 8/1/18 at 6:04 am to
Those who are happy about tariffs are really really dumb. Absolutely void of any economic intelligence
Posted by tidalmouse
Whatsamotta U.
Member since Jan 2009
30706 posts
Posted on 8/1/18 at 6:53 am to
jmho...

These Tariffs are aimed at Congress as much as they are China.Sending a message to Congress that the Trade Deficits we are in is their fault.

At this time Trump is also keeping GTE afloat in China.GTE China employs around 77,000 Chinese.
Posted by Ole War Skule
North Shore
Member since Sep 2003
3409 posts
Posted on 8/1/18 at 8:22 am to
quote:

Our President is about to annihilate the U.S. economy


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