China has announced new tariffs of 84% on the US, in a response to Donald Trump’s trade war that will raise fears of further escalation.The Chinese ministry of finance said it will impose 84% tariffs on US goods from Thursday, up from the 34% previously announced, according to Reuters.
(www.axios.com)
🤜 FIGHT! FIGHT! FIGHT! 🤛
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I generally agree with you, except to point out that the tariffs placed on Mexico don’t make sense if this is the thinking.
I think the current tariffs on Mexico, and the rest of the world for that matter, was a way to show that the tariffs were not singling anyone out, namely China.
China way overplayed their hand.
With the breaking news that Trump has paused all tariffs for 90 days, EXCEPT for CHYNA, I think the play all along was to set a trap for China to walk into and they jumped right in.
China is the mortal enemy of US. More than any other nation by far.
China played the largest role of all with the Covid Plandemic, and their control of the WHO, and their infiltration of American decision makers.
Trump knows this.
The economic war we are in with Chinahas been decades in the making. I personally believe that Chinapalyed an outsized role in the vocid hysteria, election theft, and the continued gutting of our economy, in addition to their flooding our nation with fentanyl.
We are in a battle royale with China and I expect many more layers to this. I will not be surprised at all if China makes a move on Taiwan as a counter measure.