Reply to post: China supply the world

Trump pulls trigger in US-China tit-for-tat tariff tiff: 10% slapped on $200bn of imported kit

defiler

China supply the world

I don't imagine taking a hit in their US markets is going to hit all that hard. Sure, the US consumes more per head than anyone else, but they're still less than 5% of the world.

I'm pretty confident the US needs Chinese goods enough to overcome some silly tariffs.

Maybe this is how Trump reduces government debt. By taxing people more through trade tariffs...

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