Monday, February 10, 2025

China's Tit-for-tat Tariffs on US Take Effect

China's tit-for-tat import taxes on some American goods came into effect on Monday, as the trade war between the world's two biggest economies escalates and US President Donald Trump threatens to hit more countries with tariffs.

Posted by REDIAL at 02:31 PM | 5 COMMENTS | permalink

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China imposes retaliatory tariffs on $14bn worth of US goods https://www.ft.com/content/5260a94a-df1e-4c4c-8fa9-afc80506b360

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-- Financial Times (@financialtimes.com) February 9, 2025 at 2:37 PM

Comments

This is really getting too funny.

Welcome to Donald's Golden Age, MAGA.

I am ready with the recipe for Depression meatloaf, when you need it.

#1 | Posted by Zed at 2025-02-10 01:39 PM

Hopefully the taxes doubled the price on MAGA red caps... and bible and sneakers and guitars and all the other DJT merchandise buys there.

#2 | Posted by Corky at 2025-02-10 01:55 PM

China's Tit-for-tat Tariffs on US Take Effect

hehehe tiht ...

#3 | Posted by censored at 2025-02-10 03:24 PM

Harvard Economist Keyu Jin at London School of Economics talks China's long term trade strategery that began last time Trump put Tariffs on them in 2018... and has turned into a major success; she shows how they are exponentially growing trade with other country markets while we are losing the same markets.

www.youtube.com

Of course, one way they do it China Aid and also a No Tariff Policy for developing countries.

A very few more years and they won't need to trade with us at all.... which is the Plan.

#4 | Posted by Corky at 2025-02-10 09:10 PM

@#1 ... This is really getting too funny. ...

In some respects, yes.

In one of my rare criticisms of a free press, I say this ...

Reporting the tariffs that Pres Trump places upon China (or anyone else) as ...,

"China tariffs"

is inherently misleading, and feeding into the Pres Trump alternate universe where China pays those tariffs.

The more appropriate description of those tariffs would be ...

"tariffs on China goods entering the US"

That indicates far better where those tariffs are applied, upon the goods Americans buy.

But length of headlines seems to be most important (can you say, 60 characters? I knew you could. :) So the media seems to drop the "on China goods entering the US" part to keep the headlines short, but misinforming.

The free press needs to do better here, imo.

#5 | Posted by LampLighter at 2025-02-10 09:26 PM

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