US Treasury Secretary Bessent Fires Back After China Adds 84% Tariff on US Goods Entering Country - Bessent Says US May Delist C...
U.S. Treasury Secretary Scott Bessent's bold stance against China's new tariff escalates tensions, signaling potential delisting of Chinese stocks from U.S. exchanges. The implications for global markets are profound.
This was all planned and anticipated, IMHO.
Absolutely dude. Anyone still thinking Trump is winging it by the seat of his pants has a screw loose. Nobody would ever do that if they gave half a fuck about their legacy, which CLEARLY Trump does.
He knows he can be the most consequential president in our history, is well on the way, and will do nothing to mess that up.
In an unrelated side note, as I type this at 11:45 AM ET, the Dow is UP about 22 points instead of down another thousand. Maybe nothing, maybe something
Trump cares about Maga. The winners write the story. If he doesn't win his legacy is the least of his problems. I doubt he thinks in such lowly terms.
You can call it 'lowly' to want to be remembered throughout history as having done exceptionally great, transformational things (which is what Trump's legacy will be), but I think few on the right would agree that is lowly.
It's not like what was coming is a secret. He's been talking about the tariffs since his campaign began.
Nope, for decades.
I agree with what your getting at, but just wanted to point out that being consequential does not necessarily mean "good" consequences.
The most consequential president in human history might have been Biden if Russia would not have been so measured in its response to the naked U.S. direct attacks on its soil, which would have resulted in Nuclear War. That would have been very, very consequential I think.
I use the word consequential in the way Trump and, I think, nearly everyone else routinely does: in the sense of positive consequences
You never see Hitler, Stalin, Lenin, or Mao referred to as "consequential" - to most people it would suggest they did good things
Bessant worked with Soros doing this very same type of βraidingβ. Weβre gonna watch this guy work.
Now Jamie Dimon is saying we need to fix trade Kevin O Leary from shark tank saying tarrifs need to be at %400 for China. They are cheaters. Looks like people are comfortable calling out China.
Its being reported that China is dumping US treasuries....
Goodbye, Fed?
Spicy
u/#spicy
Great. They can sell all their junk to Europe.
Oh wait, satanist/globalist central is BROKE, has no energy sources, is deeply involved in the jewkraine quagmire and is about to print 2T euros to make ends meet.
Yea, that will work for chinaman.
This is about people in high places more than China itself.
Moves and countermoves.
This is what it looks like when you stand up to a bully: China has gotten used to pushing everyone around.
PDJT = not today Satan!
Yes POTUS give China the fucking they deserve... Pull their visas and green cards. Seize all assets of real estate and companies they. bought as well.
Any members of China's Belt and Road get 400% tariffs until they leave that commie program. China's Belt and Road is designed to control ports and shipping worldwide.
Panama became the first nation in the Americas to leave China's Belt and Road yesterday. Make them all leave the program if they want access to the US economy.
Ouch! If this doesn't get China to act then I wonder what's the next arrow in the quiver?
Delist Chinese stocks = MOASS
SHF will lose massive collateral.
MOASS is tomorrow
Just in time,I've been banned from supperstonk.
Kek
Why?
Arguing politics with commies.
Hopefully i took a few of them out as well.
I don't really care as I don't comment or spend much time their.
All according to plan. The big deep state investors are gonna lose bigly
LOLβ¦. Chinese economic collapse is on the menu boyz
Try federal reserve collapse. Try fiat dollar collapse. China of nothing is helping in that regard.