MercoPress. South Atlantic News Agency
US tariffs on Chinese goods become effective: global trade war takes off?
US President Donald Trump fired the biggest shot yet in the global trade war by imposing tariffs on US$ 34 billion of Chinese imports. China immediately said it would be forced to retaliate. The duties on Chinese goods started at 12:01am Friday in Washington, just after midday in China. Read full article
Comments
Disclaimer & comment rulesLet the games begin.
Jul 06th, 2018 - 08:06 pm - Link - Report abuse 0No more protecting or feeding the world.
No more managing or leading the world.
Jul 06th, 2018 - 09:28 pm - Link - Report abuse 0Yes, let the 77th Hunger Games being! Which district is winning so far?
Jul 07th, 2018 - 01:43 am - Link - Report abuse 0Well, none in the US, that's for sure!
chronic i.e pathological
Jul 07th, 2018 - 09:29 pm - Link - Report abuse 0“Let the games begin. No more protecting or feeding the world.” Yes, indeed! It looks like your feckless leader is full of only bullying bluster, like most cowards. As it appears like your sorry ass is owned by the international community at large.
National debt of the United States
“or a total or ”National Debt“ of $21 trillion.”“In March 2018, China owned $1.19 trillion of U.S. debt.”
List of countries by external debt puts the US in first place. So if anyone is going to reamed it's you guys. So you might want to consider that a lot of countries could make you look like the 'great again' idiots. So you might want think carefully about STFU, as you really don't have any real power to do anything economically to anyone.
Teri got a governance lesson.
Jul 08th, 2018 - 03:41 pm - Link - Report abuse 0Now he's about to receive one in economics.
LOL.
Recent lessons in economics:
Jul 09th, 2018 - 11:43 am - Link - Report abuse +11/ American consumers
16% price rise in washing machines between March and May due to Trump tariffs
2/ American employees
loss of 8,000 construction jobs in the solar panel industry due to Trump tariffs
3/ American profits
Profit margins are shrinking for many companies due to increases in steel and aluminium
prices due to Trump tariffs
4/ American families
Mid-Continent Nail has already laid off 60 employees, cut hours for remaining staff and
looks like it will eventually close due to Trump tariffs
5/ American exports
Harley Davidson ships more manufacturing overseas due to Trump tariffs
So many new lessons are awaiting us..... I just can't wait!
chronic i.e pathological
Jul 10th, 2018 - 01:45 am - Link - Report abuse 0The US has the largest share of the world's GDP at 23%, but it is still a minority in the overall scale, as China and Japan alone, are roughly the same size. Put together with theirs, additional European, and say India working in concert, to resist trade restrictions from US. Who is going to have the greatest likelihood of success?
The US may so exasperate the rest of the world that they decide its better to operate without any reliance on the US. So after some adjustments the world would move on, while the US economy would become restricted in growth, depending entirely on its own domestic market.
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