cross-posted from: https://lemmy.ca/post/43724682
President Donald Trump on Friday floated cutting tariffs on China from 145% to 80% ahead of a weekend meeting among top U.S. and Chinese trade officials as he looks to deescalate the trade war.
cross-posted from: https://lemmy.ca/post/43724682
President Donald Trump on Friday floated cutting tariffs on China from 145% to 80% ahead of a weekend meeting among top U.S. and Chinese trade officials as he looks to deescalate the trade war.
I think at this point the air has made a circle around the globe and Xi starts smelling Trump’s desperation. I doubt China is going to do anything until the USA caves in completely. After all, in a couple of months shelves are going to look pretty sparse, and there is no one to blame but Mr “the most beautiful word is tariffs.”
The internal war between Republicans, MAGA and right-wingers over tariffs will be fun.
As a European, it’s like a reality show that affects me personally. It’s fucking wild.