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#WorldEconomy

4 posts4 participants0 posts today
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Kalvin Carefour Johnny

Sometimes, I have the suspicion that they are actually being racist, exhibiting an overly patriotic mindset in which they only want their country to dominate. They use "the decline of America" as justification for threatening other countries, employing tariffs against China as a means of control. They will use any mistake made by China to justify everything they want to do. They claimed that China implemented reciprocal tariffs, and then they used that as an excuse to increase the tariffs to 140%. I must believe that "Make America Great Again" may be a sign of one entity's maximalism. Meanwhile, China and the CCP have already told the world that they are there to prosper together, providing opportunities for other countries to develop. If they truly believe in freedom of speech, they should also listen to Chinese officials who state that "a trade war has no winner.

#GlobalPolitics#EconomicPolicies#TradeWar
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Nonilex

#TrumpTariffs on #China now 145%

#US & China Headed for ‘Monumental’ Split, Putting #WorldEconomy on Edge

A deepening #TradeWar could further weaken ties between the superpowers. The effects will reverberate everywhere.

The brinkmanship displayed by the 2 countries has far exceeded battles waged during Trump’s first term. In 2018 & 2019, Trump raised tariffs on China over 14 months. The latest escalation happened in just days, w/far higher levies & apply to more goods.
nytimes.com/2025/04/10/busines

The New York Times · U.S. and China Headed for ‘Monumental’ Split, Putting World Economy on EdgeBy Daisuke Wakabayashi
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