Trump threatens new 50% tariffs on China if Beijing doesn't remove retaliatory duties: Live updates
Trump threatens new 50% tariffs on China if Beijing doesn't remove retaliatory duties: Live updates
President Donald Trump's tariffs threaten to paralyze international trade, risking market collapse and a global recession.
Trump is threatening to jack up tariffs on China by an additional 50% unless Beijing abandons its retaliatory duties on U.S. imports.
Trump in a Truth Social post gave China until Tuesday to undo its 34% tariffs, imposed in response to the "reciprocal" duties unveiled at the White House last week.
Trump also wrote that he will cancel all planned talks with China if they do not comply with his demand.
If you're going to start a war, you better know for a fact that you can win. Trump thinks he knows, but he doesn't know shit.
The US has a terminal disease: hubris. This is what it's like to live in an empire in decline.
The US has a terminal disease: hubris. This is what it's like to live in an empire in decline.
This is exactly what I thought of Russia after their failed invasion of Ukraine. Generally regarded as a super power prior, they put on display how atrophied their millitary had become by not being able to steam roll Ukraine.
Why would Trump care if he wins?
As he has for most of his bankruptcy laden past, he's largely playing with other people's lives. He'll be fine, and he enjoys inflicting cruelty on others for its own sake when he "loses."
There are far too many parallels that this shit has with the Weimar Republic. I’m working on contingency plans.
He’s trying to crash the market. This dude needs to be removed from power. He’s an absolute moron retaliating like a 5 year old child.
Don't worry, I'm sure Congress will spring into action any moment now. Yup, definitely any moment...I mean, what's the point of even having checks and balances if they won't check or balance?
China should respond with a tariffs system that jumps randomly between 34% to 1000% for US goods every hour. Tell Trump it is all run by AI now, and it takes into account Trump saying thank you in mandarin. Say it is just medicine.
it should always be double what trump is dishing out, if he says 50%, china will increase it by 100% on top of whatever tariff was there before.
lol this is gonna be hilarious to watch. He thinks he can play geopolitical economic chicken with the PRC…? Like… what…?
I’m dumping the majority of my domestic investments and reallocating to foreign stuff. I hope all the conservatives continue investing in Tesla as it crashes 🤗
This. The PRC will let millions of their own people die before losing this trade war. (they've literally done it before) Does America have the same resolve?
They let millions of their own people die because Mao decided he didn’t like sparrows for a while. They’ve tilted harder at far more pointless windmills.
Because of course we now do official government comms via a fascist echo chamber app, perfectly normal state of affairs.
tRump is about to enter the find out phase, I wonder if he will even notice.
He is mentally unwell if he thinks this is a viable strategy. China cannot be bullied by the USA.
Bullies like trump don’t understand that.
cant bully someone thats a bigger bully
More like you can't bully someone bigger than you.
Their giving me tit folks.
I'm giving them tat, the best tat, beautiful tat and their giving me tit.
It's very bad.
China just needs to do what Trump wants and refuse to export things to the US for a week or two. That should be enough for the people bankrolling Trump to get rid of him.
Doing something like that might unify the silent opposition against Trump, giving them strength in numbers. Letting his allies break one by one means that the first several will be destroyed by Trump before the opposition gains enough momentum to work.
Ok china hear me out. Trade embargo. Just a full trade embargo in the usa and cut off the supply of all that cheap stuff.
I don’t think you understand the damage that will do. It will literally cause thousands if not multiple tens of thousands of deaths. Lack of medicine alone would kill many. 80% of our ingredients for pharmaceuticals come from China and other countries. Then there are foods, replacement parts, tech, and uncountable other things that keep america running and people alive. Now maybe you’re fine with setting the world on fire, and trump probably won’t give a fuck, will seize total power, and start wars over it, but the rest of us will suffer far more than a flippant “embargo” comment admits.
The only word in my head to describe this is 'idiot'.