Who will end the tariff war quagmire?

You mean let china continue the steal?

You wake up one day and there will be no middle class
China isnt stealing from the middle class. The rich are stealing from the middle class. But keep following their finger to who they tell you is at fault.

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The rich are stealing from the middle class.
No, its china

When they steal US technical or trade secrets that is stealing from American workers

When china subsidizes chinese companies so that they can drive domestic companies out of business that also hurts American workers
 
No, its china

When they steal US technical or trade secrets that is stealing from American workers

When china subsidizes chinese companies so that they can drive domestic companies out of business that also hurts American workers
Lowes and Home Depot buy Christmas lights from China for $17 and sell them for $39.99. Last year of that $39.99 you paid, $13 went to a Chinese factory, $1.50 to international transportation companies, $1.50 to tariffs, $1 to US transportation companies, and $22 to Lowes/Home Depot a US retailer which paid $16 to their employees+rent+utilities, and then $6 (15%) was left over for US shareholders. The Chinese factors who got $13 cleared about $2.00 in profit.

So at risk is all this economic activity for the $2 that China is making on this $40 transaction. Cool.
 
The Chinese factors who got $13 cleared about $2.00 in profit.
Why do they sell it so cheap?

Because thats the price they need in order to drive American companies out of business along with sending US jobs to china
 

Inflation picks up again in June, rising at 2.7% annual rate​

Consumer prices rose in June as President Donald Trump’s tariffs began to slowly work their way through the U.S. economy.

The consumer price index, a broad-based measure of goods and services costs, increased 0.3% on the month, putting the 12-month inflation rate at 2.7%, the Bureau of Labor Statistics reported Tuesday. The numbers were right in line with the Dow Jones consensus, though the annual rate is the highest since February.

Excluding volatile food and energy prices, core inflation picked up 0.2% on the month, with the annual rate moving to 2.9%, with the annual rate in line with estimates. The monthly level was slightly below the outlook for a 0.3% gain.


Trading partners have not "come to the table" as Dotard thought, perhaps because they knew inflation would put pressure on Orange Grampa.
 
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