The CCP doesn't care about their own peoples suffering. They let many (no known number but I'd say it's a very high number) starve to death in their homes because they weren't allowed to go out and they didn't bring them either no or rotting food. They can do it as long as they want. The US can't.
This will end quickly, just as quickly as it began. Trump has put the world in a untenable position. They will either go along with it and make deals or face economic ruin. America will take damage, but we can weather the storm. Not so much with a country like say the UK, which is a island reliant on imports and American protection.
Breh, stop coping.
Socialism is inevitable, soys. You will learn to treasure your possessions. No more free stonks rides.
What deals precisely are the other counteies supposed to make? Because when they offer zero tariffs, Trump turns them down. So what is the endgame?
its the severity more than anything else. I was expecting 20-30% tops not 84%+base%. wall street is one thing but the cost of food and hygiene is going to be nuts
The end game is they lower trade barriers, import more shit, stop devaluing their currency, AND end tarrifs
Yeah, that is not gonna happen. You can expect this level of re tardiness and self-destruction from countries like estonia or smth.
Your complete lack of coherence is amazing.
What will Vietnam and Bangladesh import?
That's the thing the orange nigger and his white house buddies in burgerstan most likely never thought about. China has been preparing for a trade war for a very long time. They knew this would happen and they won't back down. Don't underestimate the yellow bugmen.
The orange nigger cucked.
A sorta fake pause if he's still keeping 10% tariffs which are higher than what many countries had against the US. Still makes him look like a cuck flip flopping around. Can't imagine this inspiring a lot of confidence in US markets even if there's a slim chance of it helping some minor recovery temporarily (until he changes his mind again).
I don't get the argument of cucking, the entire point of the tarriffs was an aggressive opening move to bring countries to the table.
It's obvious what Trump is trying to do now. The EU imposed today their own round of tariffs. Trump is trying to pivot this so it becomes "The US and the rest of the World vs China" deal. But after the shit he pulled, he's deluded if he thinks the EU and the rest of the world will help his plan, and not try to crush him personally.
Wiping 6 trillion dollars in two days, and making everyone fear a worldwide recession is not a great way to endear economic blocs to your cause. The EU and other economic blocs will make sure the US is punished with deterrence tariffs.
Very true, but they do care about their economy. In 2022, homeowners stopped paying their mortgages because the properties they started paying for weren't finished. This boycott had the government moving quick. By October of 2022, the government lowered the cost of taking out a mortgage and set up a fund to help these business avoid insolvency. This is one smaller tale of their still ongoing property/real estate crisis. If the result of this is China forced to acknowledge that their economy is heavily reliant on duct tape, government intervention and optimism, they'll be forced to play ball. Despite having products all over the globe, 37% of their GDP (exports) mostly comes from the combined markets of just 7 countries making up the bulk (just under half), who export the majority of what they produce thanks to Chinese imports (circuitry) to America.