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Drudge Retort: The Other Side of the News
Thursday, May 01, 2025

China's leaders are downplaying the potential impact from U.S. President Donald Trump's trade war, saying they have the capacity to protect jobs and limit damage from higher tariffs on Chinese exports. The briefing Monday by several senior officials of different government ministries appeared aimed at shoring up confidence with promises of support for companies and the unemployed, easier lending conditions and other policies to counter the impact of combined tariffs of up to 145% on U.S. imports from China. It followed a meeting of China's powerful Politburo last week that analysts said had focused on ways to counter keep growth on track despite slowing exports. "Chinese policymakers are on heightened standby mode," Louise Loo, lead economist at Oxford Economics said in a a report. She noted that the policies were similar to earlier pronouncements.

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As I have mentioned in my prior comments ...

China has a different time frame view than Pres Trump.

Pres Trump is more along the lines of ...

What benefits me here, now. Totally transactional.

While China seems to be more of a view ...

Let's look at the long term ramifications of a surrender to Pres Trump. Do we want him to control our economy?


I have not a clue how this stand-off will end.

But one thing I do note is a question ...

Why is Pres Trump saying that China is calling for a solution when it may be Pres trump calling China?


#1 | Posted by LampLighter at 2025-05-01 10:37 PM | Reply

Fat Donnie --------

#2 | Posted by LegallyYourDead at 2025-05-01 10:41 PM | Reply

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