Donald Trump has started signaling that he’s ready to slash tariffs on Chinese imports, but economists have warned that the US softening its stance now likely cedes power to China, which perhaps benefits from dragging out trade talks.
On Tuesday, Trump confirmed that he is willing to reduce 145 percent tariffs on all Chinese imports. A senior White House official told The Wall Street Journal that the tariffs may come “down to between roughly 50 percent and 65 percent.” Or perhaps the US may use a tiered approach, charging a 35 percent tax on goods that don’t threaten national security, while requiring 100 percent tariffs on imports “deemed as strategic to America’s interest,” other insiders told the WSJ.
For now, Trump is being vague, only confirming that tariffs “won’t be that high” or “anywhere near” 145 percent. Attempting to maintain a tough veneer, Trump warned that China must act quickly to make a deal to end the trade war or else risk making concessions that China may not consider ideal.
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Stand back, I’m going to punch myself in the face. And if you don’t make a deal with me soon, I’m going to punch myself in the face again. And I’ll do it over and over till you’ve had enough.
Chinese diplomats and business leaders are out making deals with just about every country except the US.
He doesn’t have the cognitive ability to be desperate. People are treating him, as if he’s got some bad plan or something. He doesn’t understand what’s going on. He’s like a child with development issues. He jest noticed, that people cheer, when he says “tariffs”. He likes when people cheer, so he’s repeating the word over and over.
China shouldn’t make a deal. We American cunts need a good dose of reality and humility.
Too many Americans think American Exceptionalism is a real thing. They need to be brought back to reality.
It was always a stupid strategy to threaten your percieved enemy with shooting your own foot. You will bleed out and the counterpart knows this.
Moron traitor cunt.
who is position to lose more if tariffs remain high? i think the us
Retreat then threaten, duhhh, stragety!
