China to impose 34% retaliatory tariff on all goods imported from the U.S.
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- China’s finance ministry on Friday said it will impose a 34% tariff on all goods imported from the U.S. starting on April 10.
- The ministry criticized Washington’s decision to impose 34% of additional reciprocal levies on China — bringing total U.S. tariffs against the country to 54% — as “inconsistent with international trade rules.”
- U.S. stock futures and European markets fell sharply on news of the reciprocal tariffs.
Serious question.
They didn’t put this on Canada right? So shouldn’t prices in Canada stay relatively low?
Wouldn’t China want to buy more from Canada and vice versa?
Surely corporates won’t price gouge this time
/s
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So is it all caps these days all the time?
Such old man yells at clouds vibes
My experience with elderly relatives is that all caps is the only way they can read the screen.
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Farmers are super stressed and are at a higher risk of suicide. Voting for the Donvict was a sure way to make farming more stressful. Not only does the wealthy brat from the big city see you as a mark to exploit, he really doesn't actually care about you losing all your export customers and losing your farm. He's busy golfing at taxpayers' expense.
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How is that what you got from my comment? Monarchies failed all the time and people were miserable, like in any communist thing we had so far.
Individual Monarchy's failing is not what I mean. I'm talking about the transition between a world ruled by monarchs under feudalism to a world rule by capitalist under capitalism.
That transition took centuries with many failed attempts to dissolve the Monarchy and replace it with forms of a democracy under different class structures and in many different parts of the world. The one that won out in the west was capitalism. But attempts to dissolve the existing class structures of the monarch failed countless times. And even ones that succeeded also eventually failed.
My point is. You are essentially a peasant in the 1500s saying "the kings is sanctioned by God to rule us! There is clearly no better system! Look at the Greeks! Those idiots tried a class based democracy and it failed! Monarchy has been the best system for centuries! My family was meant to toil the land for the king! The king is much greater than I!"
Capitalist economies have failed, fuedalist economies have failed, socialist economies have failed, that doesn't mean that this systems are not positive progressions from one another.
It is such a simplistic and naive understanding of history to expect capitalism to continue forever. Especially when it's systems inherently rely on an oppressive class hierarchy just as the others did.
And many of the brief experiments with socialism have been absolutely successful, beneficial, and most importantly BETTER than the systems that came before it.
Cuba under socialism is SIGNIFICANTLY better than it's sugar plantation slavery under its fascist dictatorship.
Russia under Stalin was significantly better for its people than under the Tsarist rule. It brought a feudalist peasant society to a state where it defeated the Nazis (most of which Europe failed to do).
To act like an economic system is inherently good or bad is naive. It can absolutely fail and have its problems. But capitalism has absolutely failed and has significantly more problems on our planet than it solves.
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According to MSN's timeline of the tariff war, it started with Trumps first term where he enacted Tariffs on China in 2017-2018. So it looks like Trump started it.
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Australia never had an empire, maybe it’s time?
there was the EMU and kangaroo dynasties,.
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60 years ago there was no fox news and social media. These morons will forget in 2 months let alone 2 or 4 years.
The American electorate dumber than a bag of rocks
they had the southern strategy which were racists and bigots, it works.
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Farmers are super stressed and are at a higher risk of suicide. Voting for the Donvict was a sure way to make farming more stressful. Not only does the wealthy brat from the big city see you as a mark to exploit, he really doesn't actually care about you losing all your export customers and losing your farm. He's busy golfing at taxpayers' expense.
they did during the soybean tariffs, most of them lost thier farms, or suicided. After things was lifted, China had no need to source soybeans from america anymore.
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Serious question.
They didn’t put this on Canada right? So shouldn’t prices in Canada stay relatively low?
Wouldn’t China want to buy more from Canada and vice versa?
Surely corporates won’t price gouge this time
/s
-
Individual Monarchy's failing is not what I mean. I'm talking about the transition between a world ruled by monarchs under feudalism to a world rule by capitalist under capitalism.
That transition took centuries with many failed attempts to dissolve the Monarchy and replace it with forms of a democracy under different class structures and in many different parts of the world. The one that won out in the west was capitalism. But attempts to dissolve the existing class structures of the monarch failed countless times. And even ones that succeeded also eventually failed.
My point is. You are essentially a peasant in the 1500s saying "the kings is sanctioned by God to rule us! There is clearly no better system! Look at the Greeks! Those idiots tried a class based democracy and it failed! Monarchy has been the best system for centuries! My family was meant to toil the land for the king! The king is much greater than I!"
Capitalist economies have failed, fuedalist economies have failed, socialist economies have failed, that doesn't mean that this systems are not positive progressions from one another.
It is such a simplistic and naive understanding of history to expect capitalism to continue forever. Especially when it's systems inherently rely on an oppressive class hierarchy just as the others did.
And many of the brief experiments with socialism have been absolutely successful, beneficial, and most importantly BETTER than the systems that came before it.
Cuba under socialism is SIGNIFICANTLY better than it's sugar plantation slavery under its fascist dictatorship.
Russia under Stalin was significantly better for its people than under the Tsarist rule. It brought a feudalist peasant society to a state where it defeated the Nazis (most of which Europe failed to do).
To act like an economic system is inherently good or bad is naive. It can absolutely fail and have its problems. But capitalism has absolutely failed and has significantly more problems on our planet than it solves.
If you think that people in the USSR were better off you might want to read about their rights (or rather lack thereof), regardless of Russia, Ukraine etc.
Human rights in the Soviet Union
It is absolutely crazy how little rights they had, we could easily argue that a peasant in 800 was better off in terms of his rights. If we include the planned starvation of millions, then he was also better off in such basic necessities. -
Who's gonna benefit from all this extra taxes?
Public services will sky rocket in 2025!The people who pay taxes don't have extra money to pay extra taxes, so they will not be able to pay extra taxes and no extra tax will be collected.
Nobody benefits.
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If every country he puts tariffs on ends up implementing their own retaliatory tariffs, what would happen?
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Good news, or bad news depending on how self reliant your government is. China is doing exactly what it promised it would do if they were the sole super power. Which is we will not interfere with your nation no matter the situation.
So if your like Thailand, or Brazil, wonderful. You get to keep all your freedom and autonomy and China will happily trade with you.
If your Myanmar or Sudan, well good luck revolutionaries. There's no America to stand in your way of overtaking your government. If your the governments of these nations...
What? I’m guessing Taiwan isn’t a real country.
People in Hong Kong didn’t have right to self determination.The bulletts in fired on the Indian border were fake news?
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How do you feel about the other aggressive things China is doing? Like attacking boats with water cannons because they just claim an area? Or dumping sand somewhere to make an island to claim the area? Or actual fighting and deaths over territories with India?
I think we have already established your view on Taiwan, which is hardly compatible with the general population.
I'm Taiwanese, if you look through my comment history you'll see I showed my passport. We want the status quo. We do not want to protest or fight for independence. I'm making these posts as a Taiwanese person because I'm tired of foreigners who never have been to Taiwan or at most a vacation trying to tell me and my people how we should think.
As to the other stuff, I don't have an opinion one way or the other. It's too complicated and each one deserves it's own complex analysis. I will however point you to Johnny Harris. I believe he gives a fairly unbiased opinion on all of this.
https://www.youtube.com/watch?v=z9IiZkMKi68
If you're not just trolling and being anti-China I highly recommend giving it a view.
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What? I’m guessing Taiwan isn’t a real country.
People in Hong Kong didn’t have right to self determination.The bulletts in fired on the Indian border were fake news?
I'm Taiwanese, I know much better what the Taiwanese want than you do. Go through these posts if you want to know my opinion, as well as you'll see my passport.
As to the other stuff, bullets were not fired at India. They don't even patrol with guns. Please read the news before making stuff up.
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there was the EMU and kangaroo dynasties,.
See also: Big Brucey
This emu is out there to conquer the whole world.
