BREAKING: President Trump says if China does not withdraw their 34% tariff by April 8th, the US will impose an ADDITIONAL 50% tariff on China on April 9th.
Discussion
Playing poker with the ppl as the chips.
I know plenty of people are bent about this tariff war, but it’s reciprocal. Plenty of other countries have had tariffs in various ways for a while on things we (United States) sell to them, but the instant we reciprocate people get bent. Nobody likes their entitlements being taken away and that’s how this is being viewed. It’ll be relatively short-lived while market forces adjust.
They need us more than we need then.
Let them bleed.
The Chinese have a saying "May you live in interesting times!" Oh, we are! ;)