If you were not paying attention, the White House threatened on Tuesday to slap tariffs on fifty billion dollars worth of Chinese imports, which will affect 1300 categories of products. Chinese imports that will suffer from 25 percent levies would include medical equipment and medicines, chemicals, machine tools, television sets, dishwashers (consumer goods basically) etc. as per an official statement via U.S. Trade Representative. Beijing’s reaction was harsh, threatening to take equivalent measures against US products, and on Wednesday they announced their own (extra) tariffs on 106 US made products (the same 25 percent levy) , targeting up to 50 billion of US products every year, including soy beans, whiskey and cars, in a tit for tat move. However, none of these threats/tariffs will go into effect immediately, so let’s analyze the situation.
First of all, the Chinese have been violating our commerce laws and have also been placing heavy tariffs to products we sell to them since like, ever. When are the globalist going to learn that the Chinese don’t play by any rules, as they are Hell bent in having global domination, while our so called business people are only looking out for their own pocket? We have trade deficits with many countries. I’d prefer not to have one with the country we are most likely to have a major war. All we have done until Trump is to subsidize their military buildup.
http://www.investmentwatchblog.com/is-trumps-trade-war-with-china-such-a-bad-idea-after-all-the-short-answer-is-hell-no/
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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