Beijing has threatened countermeasures if Washington continues to violate its "rights and interests."

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.”

  • riodoro1@lemmy.worldEnglish
    2·
    3 months ago

    What are americans going to do? Stop buying Chinese crap?

    Once amazon warehouses are empty the tariffs are gonna be „paused”. In trumps own words „he has no cards”.

    • Vanilla_PuddinFudge@infosec.pubEnglish
      1·
      3 months ago

      There’s two ways this works out.

      1. Trump’s regime doubles down, never backs out and holds firm.

      Basically, you’re fucked. Chinese goods stop flowing, medical devices and equipment stop coming, tools and utilities stop being restocked. You’re on your own. Welcome to Thunderdome.

      1. Trump’s regime keeps this going until the backlash forces them to give it up.

      Then we capitulate to China, end up paying more overall but not an impossibly high figure for our items and life goes on… only a little less swimmingly.

      My bet is on #1. Stock up on ammo and food, road warrior.

    • Corkyskog@sh.itjust.worksEnglish
      2·
      3 months ago

      I am rooting for free trade. It’s stupid and inefficient for every country to try to manufacture the same goods.

  • RangerJosey@lemmy.mlEnglish
    1·
    3 months ago

    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.

  • Crackhappy@lemmy.worldEnglish
    1·
    3 months ago

    Trump has already lost this war. The war he started because he’s stupid as fuck. He’s going to die before he sees the results of the chaos he reigns.

    • P00ptart@lemmy.worldEnglish
      1·
      3 months ago

      Have you seen him recently? Sometimes he neglects the orange deck stain, and his skin is grey and ghoulish. I swear if he didn’t have some necromancer keeping him alive, he’d have died 20 years ago.