China calls bluff on 245% US tariff: 'Meaningless'
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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."
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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."
Lmao. Could be 2400% and it still wouldn't matter. China already has the pipelines to circumvent all retaliatory measures including Chumps tariffs.
Remember how China exposed all the luxury brands? It's that. Send the products to Vietnam or Brazil or somewhere. Get a domestic label sewn on and bingo.
Xi is playing chess. Chump is playing with his own feces.
