Beijing has threatened countermeasures if Washington continues to violate its "rights and interests."

Summary

China has shrugged off the latest U.S. tariff hike, dismissing the Trump administration’s threats as a “meaningless tariff numbers game.”

Donald Trump’s move to impose tariffs “wiped trillions of dollars off Wall Street” and raised duties on foreign goods, claiming to bring back U.S. manufacturing jobs.

A White House fact sheet announced tariffs on some Chinese imports would rise to 245%.

China’s Commerce Ministry said the move “fully exposes the fact that the United States has become irrational” and vowed to see the trade war “through to the very end.”

  • Crackhappy@lemmy.worldEnglish
    31·
    2 days ago

    Trump has already lost this war. The war he started because he’s stupid as fuck. He’s going to die before he sees the results of the chaos he reigns.

    • P00ptart@lemmy.worldEnglish
      16·
      2 days ago

      Have you seen him recently? Sometimes he neglects the orange deck stain, and his skin is grey and ghoulish. I swear if he didn’t have some necromancer keeping him alive, he’d have died 20 years ago.

  • riodoro1@lemmy.worldEnglish
    16·
    2 days ago

    What are americans going to do? Stop buying Chinese crap?

    Once amazon warehouses are empty the tariffs are gonna be „paused”. In trumps own words „he has no cards”.

    • lewdian69@lemmy.worldEnglish
      3·
      2 days ago

      This is completely unrelated but what’s with the subscript opening quotation marks? Is that a standard in a specific language? I don’t think I’ve ever seen that.

      • riodoro1@lemmy.worldEnglish
        4·
        2 days ago

        Iphones do it by default. At least for my polish-english mixed keyboard (which sucks fat cocks)

    • Jimmycakes@lemmy.worldEnglish
      2·
      2 days ago

      No we are just gonna keep buying the cheap crap at the new tariff price because we have no financial literacy in this country and easy access to credit.

  • Dead_or_Alive@lemmy.worldEnglish
    27·
    2 days ago

    Trump is going to loose this trade war in 6 months or less.

    We at about to have Covid level disruptions to our supply chain. Over 80 cargo vessels have canceled sailings. Think about the amount of goods we are not going to get in 3 weeks time. Yeah China will loose money and will be hurt by the trade war but they can find other markets.

    The USA is going to have epic supply chain disruptions. We wont have consumer goods or components for manufacturing within 6 weeks. It’s going to be a shit show unless Trump backs down.

    https://www.asiafinancial.com/transpacific-cargo-trade-decimated-by-trumps-tariff-war

  • ilinamorato@lemmy.worldEnglish
    11·
    3 days ago

    So now we see whether Trump gives in or makes up bigger and bigger numbers. “900%! 1,776%! A BILLION PERCENT!”

    • wjrii@lemmy.worldEnglish
      10·
      3 days ago

      If you raise the tariffs to a billion percent then the US will get a billion dollars revenue for every $100 TV that comes from China! There will be so many millions of billions!!! Why wasn’t anyone smart enough to do this before???

    • ilinamorato@lemmy.worldEnglish
      62·
      3 days ago

      They’re not good, but they are easy to win…if you have all the manufacturing facilities and are okay with plunging your country into depression for the sake of absolutely no benefit whatsoever.

      Wait, what’s the definition of “win” again?