BREAKING: China Imposes Export Controls, President Trump responds with 100% Tariff on China

It’s a trade war.
Pick a side the USA or China

2 Likes

https://thehill.com/homenews/administration/5550244-trump-raises-tariffs-china/

This ought to be fun.
IMG_1409

2 Likes

Mostly true:

1 Like

ooohhh… China wants to play!

They’re going to lose this badly.

ETA, time to ramp up support for Ukraine. Kick Russia off all those rare earth sites. America 1st!

1 Like

Somebody get the fainting couch ready!!

4 Likes

Ya know that $30 shirt that Walmart paid $1 for?

Well now Walmart is gonna have to pay $2 for it!

4 Likes

Yay another trade deal!

1 Like

2 DOLLARS??

3 Likes

He changes things a lot, but I think the latest China tariff (before today) was 50%.

So this makes it 150% I guess.

1 Like

My 401k took a big hit today. Ouch!

1 Like

I just want things to cost more.

2 Likes

Well in the long run you may be disappointed.
Tariffs can sometime be deflationary (and not in a good way.)

how you like having a president with balls?

4 Likes

S&P fell all the way back to . . . . (checks notes) . . . . where it was a month ago.

All balls and no brain. It’s not so great.

2 Likes

yet he beat dems so easily…?

1 Like

you must have been in heaven with biden admin then

1 Like

my technology export controls vs your rare earth export controls. Battle!

Greenland…here we come. :wink:

3 Likes