💭 The trade war is on 🍿🍿 China currently is at at 54% tariffs and they can’t subsidize it for more than a few months , they need to take major measures like printing money ( which they don’t ) , devaluing their currency ( cause a massive capital flight and spook their foreign investors as well as trade partners ) they are completely cornered by the look of it

Who do you think is going to flinch first ?

I wish the US prepared their citizens more on what’s to come from the short term economic blowback . There is barely any communication with business owners and citizens and no plans for economical cushions in sight . The only logical assumption I can think of that they didn’t is they may be thinking this trade war will be won in no time

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Discussion

Because of the massive trade imbalance tariffs will always benefit America and hurt China.

America is only like 2.4% of Chinese business though so they will be fine

I can see a thousand ways China can effectively retaliate against the US. Giving a bloody nose is a game that can be played by both sides. Most of these methods are completely asymmetrical.

US is a paper tiger. And It's about to be set on fire.

It would be nice if the media actually did their due diligence. I wish they would learn what's happening and then report on it to educate people. Instead of just fear mongering people into hysteria and creating shouting matches.

It might be that they have no idea what they are doing... 😅