China doing a Tom Petty. I won't back down...
Trump 2.0 official thread
- Thread starter siegecrossbow
- Start date
So now we wait for another round of outburst and "China will definitely want to make a call this time, I promise!" from Donnie?
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Or Pat Benatar's "Hit me with your best shot" or Donnie Yen's Ip Man"I want to fight 10 of your black belts",or Bruce Lee's "next time I'll make you eat glass" All this seems like a speed run surreal dream
Here our retired Chinese spy is returning to his roots of being a Chinese peasant.
Trump Tariffs Live: China strikes back with 84% tariffs
I was wrong!!! I really didn't expect that!
It makes no real difference 34% or 84% on commodities, so this has another meaning.
Of course there is a political meaning, China does not want to seem weak (although it was not already)....
...but maybe there are deeper reasons....maybe China sees Trump is doing everything wrong, he is actively sabotaging US and...they just lend him a hand.
I suspect China leaders see this one-in-a-century event like a big opportunity to crush US without a war and they don't want to miss it....
NGL Trump really pissed off a lot of companies.
MAGA hats becoming unaffordable. :Sad:
China's tariffs effects ..
S&P futures dropped after China raised tariffs on U.S. goods from 34% to 84%. Treasury yields rose to 4.46%, and the WSJ Dollar Index continued to fall. Deutsche Bank’s George Saravelos warns that U.S. assets — stocks, bonds, and the dollar — are collapsing together, signaling rapid "de-dollarization" as markets lose faith in U.S. assets.
S&P futures dropped after China raised tariffs on U.S. goods from 34% to 84%. Treasury yields rose to 4.46%, and the WSJ Dollar Index continued to fall. Deutsche Bank’s George Saravelos warns that U.S. assets — stocks, bonds, and the dollar — are collapsing together, signaling rapid "de-dollarization" as markets lose faith in U.S. assets.