Donald Trump threatens new 50% tariffs on China
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Everyone is fucked
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Everyone is fucked
If only that shooter had better aim.
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Everyone is fucked
Has Europe made itself more robust in the wake of the multiple financial collapses stemming from the US? Sincere question. I know china has taken measures.
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Has Europe made itself more robust in the wake of the multiple financial collapses stemming from the US? Sincere question. I know china has taken measures.
They did gor like a week here in he UK. We're rolling back the rules since 2008 already
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Has Europe made itself more robust in the wake of the multiple financial collapses stemming from the US? Sincere question. I know china has taken measures.
I think there's some things in place but there's still a lot of reliance on American systems which is a bit risky. If Trump decides to start tariffing anything to do with Visa or Mastercard shit would hit the fan real quick.
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Has Europe made itself more robust in the wake of the multiple financial collapses stemming from the US? Sincere question. I know china has taken measures.
Their banking sector at least went through reforms following the 2008 crisis. They are required to be less risky in certain ways than they were pre-GFC and have gone through a bunch of stress testing over the years.
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If only that shooter had better aim.
If only republicans weren’t so fucking gullible.
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You just now coming round to this realisation?
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“If he does impose the additional 50%, US companies would pay a total rate of 104% on Chinese imports.”
This was the bit of information I was confused about before reading this article. I was under the impression that we were already charging over 50%, and for some reason I didn’t realize that we can charge more than a 100% tariff.
As others have already said, JFC we are cooked.
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If only republicans weren’t so fucking gullible.
It's not gullibility. It's intentional ignorance and simply believing what they want to believe so they can hate the people they want to hate.
Even now the majority of republicans will defend Trump's actions.
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The problem is that China can live very easily without American goods, while the opposite isn't true. They already called his bluff even before inauguration, good luck continuing bluffing.
Now I understand how he managed to bankrupt a casino
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Just block trade and get it over with.
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The problem is that China can live very easily without American goods, while the opposite isn't true. They already called his bluff even before inauguration, good luck continuing bluffing.
Now I understand how he managed to bankrupt a casino
The idea is that China can't live without selling stuff to the US..... But it's easier for them than it would be for the US.
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I think there's some things in place but there's still a lot of reliance on American systems which is a bit risky. If Trump decides to start tariffing anything to do with Visa or Mastercard shit would hit the fan real quick.
On the other hand that is just money, at least there is no real vendor-lock-in there yet, though I am sort of surprised the concept of different currencies per payment company hasn't occurred to them yet outside of gaming.
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Who wants to bet that the idea of retaliatory tariffs wasn't gamed out beforehand and they have no strategy?
It seems like if you want a trade war with China, you'd want partners to help you apply pressure and replace Chinese goods you can't do without. Maybe somewhere like Vietnam for cheap labor; Canada for rare-earth minerals; and the EU to buy expensive American goods and services. Oh no.
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The idea is that China can't live without selling stuff to the US..... But it's easier for them than it would be for the US.
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This post did not contain any content.
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The problem is that China can live very easily without American goods, while the opposite isn't true. They already called his bluff even before inauguration, good luck continuing bluffing.
Now I understand how he managed to bankrupt a casino