Currently, America is not taking in enough tariff money to even pay for the handouts going to farmers. And don"t forget, American consumers pay the tariffs, not the Chinese.
Most Trumpkins count going to Panda Express as having first-hand knowledge of China. And, they eat there with a fork!
Trump has imposed 25% tariff on $250B Chinese imports, and it has very limited effects on China exports.
Why anyone should expect the additional 10% tariffs on the rest $300B Chinese goods would have a significant impact on China.
Considering the $300B imports are daily consumables, the American consumers will feel the pinch almost immediately. What benefits Trump's trade war has brought to US?
It seems that Trump and his economic advisers CANNOT foresee of what will happen next if they keep on with their bizzare trade war strategy of intimidation and threat as if the negotiators are China's superiors . Trump still refuse to learn that nobody wins in a trade war and that Trumps term is not just limited but may end anytime before 2020 .
They ways that things are happening at the stock markets are clear manifestation that Trump is not qualified to do his job . He is a misfit and his little understanding of macro economics is now hurting America badly .
10、Regretful Trump Voter
he’s only pushing the HATE and FEAR button daily, unaffordable housing nationwide, housing market slowing big time, there’s homeless all over America, automobiles are way overpriced, prices rapidly rising on all daily necessities, gasoline almost 30% higher since JAN 2017。
Hezbollah now threatening us, losing all our allies trust and friendship, losing Afghanistan to Iran, losing Turkey to Russia, losing Iraq to Iran, losing Venezuela to Russia, losing Libya to Russia, his only WIN is making Ivanka into a cheap billionaire. THIS IS WINNING????
stop whining China did not start the trade war, Trump did. Accept it. Plus, there is about 12,000 stores will be closing in coming month, means more peoples will be looking for jobs.
Haha, I can finally see that my boss is bankrupt and that fat bastard is today!
Trump doesn"t want to sell computer chips and other high tech products to China. China is not too interested in the US farm produces. No wonder China's import from US declines.
This is a rare "hurting each other" in one hundred years. I think if I can witness this moment of history, I will feel that life is no longer ordinary.