Trade war escalates as China raises its retaliatory tariff on the U.S. to 84%, effective Thursday

[shockedcanadian]

Trump needs to just stay the course, hit them with a 200% tariff, strip their student education access to U.S universities and "reciprocal housing laws" so just as you cannot own property in China no Chinese citizen will be allowed to own property in America. Remove China from Favored Nation status.

Furthermore, America should force the WTO to address CHina controlling their yuan and demand that if they don't allow it to float, then they need to be removed from the WTO. China is going to push the value of their yuan down to try and offset the tariffs, I guarantee it.

Oh and also remove any Chinese stocks on U.S Indexes that do not fully comply with the rules.

China knows that they can't sustain this. It's time to make them alter their ways or cut them out.

https://www.cbc.ca/news/world/china-trade-war-u-s-1.7505559

U.S. stock index futures fell sharply on Wednesday after China announced more levies on U.S. goods, striking back against President Donald Trump's reciprocal tariffs that took effect earlier in the day.

The world's second-largest economy would impose additional tariffs of 84 per cent on all U.S. goods as of Thursday, up from the 34 per cent previously announced, China's Finance Ministry said.

As hopes of concessions faded and tariffs on dozens of countries began, investors ramped up their exit from stocks, industrial commodities and even government bonds.

 

[Darkwind]

Trump needs to just stay the course, hit them with a 200% tariff, strip their student education access to U.S universities and "reciprocal housing laws" so just as you cannot own property in China no Chinese citizen will be allowed to own property in America. Remove China from preferred trading status.

Furthermore, America should force the WTO to address CHina controlling their yuan and demand that if they don't allow it to float, then they need to be removed from the WTO. China is going to push the value of their yuan down to try and offset the tariffs.

China knows that they can't sustain this. It's time to make them alter their ways or cut them out.

https://www.cbc.ca/news/world/china-trade-war-u-s-1.7505559

U.S. stock index futures fell sharply on Wednesday after China announced more levies on U.S. goods, striking back against President Donald Trump's reciprocal tariffs that took effect earlier in the day.

The world's second-largest economy would impose additional tariffs of 84 per cent on all U.S. goods as of Thursday, up from the 34 per cent previously announced, China's Finance Ministry said.

As hopes of concessions faded and tariffs on dozens of countries began, investors ramped up their exit from stocks, industrial commodities and even government bonds.

Yep. In fact, every time China raises their tariffs, Trump should double ours.

 

[shockedcanadian]

Yep. In fact, every time China raises their tariffs, Trump should double ours.

They will feel it more, but the "no ownership of U.S land" etc is FAR more damaging to the wealthy of the CCP.

They are doing this simply because they expect the heat to come onto Trump while they operate a communist dictatorship

 

[odanny]

A good, old fashioned pissing match, a face off, with Americans standing in the middle, getting drenched.

 

[odanny]

Trump needs to just stay the course, hit them with a 200% tariff, strip their student education access to U.S universities

Many will go broke if that happens, which, for all I know, could be part of the Trump plan.

He don't like education, nor does the cult surrounding him.

 

[shockedcanadian]

A good, old fashioned pissing match, a face off, with Americans standing in the middle, getting drenched.

This is good for America and the rest of the world outside of China who wants to trade with America.

See my post. Remove their Favored Nation status, demand their dollar float or have them kicked out of the WTO, remove Chinese citizens right to ownership of U.S homes, the same law they have.

Trump needs to give a 30 min speech to the country, 95% of it from a teleprompter, outlining the circumstances, the Cold War committed by economic means which China has used. The risk to Taiwans safety, the poisons being sent into America etc

 

[Blaster]

Winning!

 

[odanny]

Trump needs to give a 30 min speech to the country, 95% of it from a teleprompter,

You've already set the man up to fail.

Why put him in that position? He needs all the support he can get, especially from a Canadian.

 

[Zincwarrior]

Alternatively, embargo trade with China as we do Cuba.

 

[JohnDB]

 

[BackAgain]

Trump needs to just stay the course, hit them with a 200% tariff, strip their student education access to U.S universities and "reciprocal housing laws" so just as you cannot own property in China no Chinese citizen will be allowed to own property in America. Remove China from Favored Nation status.

Furthermore, America should force the WTO to address CHina controlling their yuan and demand that if they don't allow it to float, then they need to be removed from the WTO. China is going to push the value of their yuan down to try and offset the tariffs, I guarantee it.

Oh and also remove any Chinese stocks on U.S Indexes that do not fully comply with the rules.

China knows that they can't sustain this. It's time to make them alter their ways or cut them out.

https://www.cbc.ca/news/world/china-trade-war-u-s-1.7505559

U.S. stock index futures fell sharply on Wednesday after China announced more levies on U.S. goods, striking back against President Donald Trump's reciprocal tariffs that took effect earlier in the day.

The world's second-largest economy would impose additional tariffs of 84 per cent on all U.S. goods as of Thursday, up from the 34 per cent previously announced, China's Finance Ministry said.

As hopes of concessions faded and tariffs on dozens of countries began, investors ramped up their exit from stocks, industrial commodities and even government bonds.

I heard it on a news blurb this morning. Only it was couched as “China retaliates.”

Nope. China started it. We hit back. Now, China is objecting to having done to it what it does to us. Fuck China.

I’m content to let China rot. If they want to engage in international trade with America, they can do so easily enough. Negotiate with the Trump Administration. In the interim, we are allowed to make the move ves which will level the playing field.

 

[JohnDB]

 

[sealybobo]

Yep. In fact, every time China raises their tariffs, Trump should double ours.

Even though his already imposed tariffs have caused economic uncertainty and turmoil, Trump has defended his trade policy

“I really think we’re helped a lot by the tariffs situation that’s going on, which is a good situation, not a bad, it’s great, it’s going to be legendary, you watch. Legendary in a positive way, I have to say. It’s going to be legendary,” he said.

47 percent approve of the president's job performance, while 51 percent disapprove. That is a major shift from a poll conducted in early February when 50 percent approved and 48 percent disapproving.

He lost 3%. If the election were held today he wouldn't win.

 

[bendog]

Even though his already imposed tariffs have caused economic uncertainty and turmoil, Trump has defended his trade policy

“I really think we’re helped a lot by the tariffs situation that’s going on, which is a good situation, not a bad, it’s great, it’s going to be legendary, you watch. Legendary in a positive way, I have to say. It’s going to be legendary,” he said.

47 percent approve of the president's job performance, while 51 percent disapprove. That is a major shift from a poll conducted in early February when 50 percent approved and 48 percent disapproving.

He lost 3%. If the election were held today he wouldn't win.

Well, I never saw Harris as a serious candidate. She was hell on social issues though.

 

[sealybobo]

Well, I never saw Harris as a serious candidate. She was hell on social issues though.

All I know is you had 8 great years of Clinton, you should have went with Gore.

4 bad years of Bush, you stuck with him for another 4.

We should have elected Hillary in 2016. Even Trump would agree if he could

"I think Bill Clinton was a great president,’" Trump said in the interview that was conducted shortly after the 2008 presidential election on NY1's "Inside City Hall" program.

"You know, you look at the country then. The economy was doing great. Look at what happened during the Clinton years. I mean we had no war, the economy was doing great, everybody was happy. A lot of people hated him because they were jealous as hell,’" Trump said.

And you should have given Kamala 4 years after Biden's 4. Biden did a fine job. You'll see in the future looking back, he did a really good job. Biden was a great president who had to deal with the mess a Republican handed him.

 

[JohnDB]

 

[bendog]

All I know is you had 8 great years of Clinton, you should have went with Gore.

4 bad years of Bush, you stuck with him for another 4.

We should have elected Hillary in 2016. Even Trump would agree if he could

"I think Bill Clinton was a great president,’" Trump said in the interview that was conducted shortly after the 2008 presidential election on NY1's "Inside City Hall" program.

"You know, you look at the country then. The economy was doing great. Look at what happened during the Clinton years. I mean we had no war, the economy was doing great, everybody was happy. A lot of people hated him because they were jealous as hell,’" Trump said.

And you should have given Kamala 4 years after Biden's 4. Biden did a fine job. You'll see in the future looking back, he did a really good job. Biden was a great president who had to deal with the mess a Republican handed him.

We shudda given Biden and Harris the plank. open borderes. 1.8 TRILLION one year deficit WITHOUT COVID.

sERIOULSY, Trump1 never came close to that shit.

But Trump 2 is a very different animal. HE's angry, eschews advisors and craves adoration.

 

[sealybobo]

We shudda given Biden and Harris the plank. open borderes. 1.8 TRILLION one year deficit WITHOUT COVID.

sERIOULSY, Trump1 never came close to that shit.

But Trump 2 is a very different animal. HE's angry, eschews advisors and craves adoration.

They would have closed the border. They tried Trump shut it down.

The US federal budget deficit reached $1.8 trillion in fiscal year 2024, driven by increased spending on interest, Social Security, and Medicare

Raise taxes on the rich.

Trump 1 never came close to what?

Donald Trump Built a National Debt So Big (Even Before the Pandemic) That It’ll Weigh Down the Economy for Years​

The “King of Debt” promised to reduce the national debt — then his tax cuts made it surge. Add in the pandemic, and he oversaw the third-biggest deficit increase of any president.

 

[Mac-7]

All I know is you had 8 great years of Clinton, you should have went with Gore.

You mean communist china had 8 great years under clinton

He jumpstarted their economy and military buildup

 

[Blaster]

Donald Trump’s allies, supporters and donors, led by Elon Musk, push to end tariff war

While far from the only Republican defector from President Trump's tariff regimen, Elon Musk is among the most prominent. Here are a few others on Team Trump who have their doubts.

www.foxnews.com