Fri
Apr 4 2025
07:20 am
China said on Friday it will impose reciprocal 34% tariffs on all imports from the United States from April 10, making good on a promise to strike back after US President Donald Trump escalated a global trade war.
On Wednesday, Trump unveiled an additional 34% tariffs on all Chinese goods imported into the US, in a move poised to cause a major reset of relations and worsen trade tension between the world’s two largest economies.
Bullynomics seems destined to fail
China imposes 34% reciprocal tariffs on imports of US goods in retaliation for Trump’s trade war
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I feel like I'm in the front car of a rollercoster
with my hands in the air almost done climbing the first big incline. Yippee.
Here's the gameplan.
It has of course, been instituted and failed before.
(link...)