Nobody wins in an all-out trade war. However, China is headed by a Putin counterpart to whom we run trade deficits for 20+ years, effectively sucking capital & jobs out of the American middle class so that their "emerging economy" can outpace our own. It's time we grew a spine.
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Trump has said he likes trade wars, sadly, he probably likes nuclear war, most children do.
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Australian exports will also suffer because of the impending tariff hikes.But I'm happy about it because it may mean that Aussies may now be able to buy quality Aussie made goods than cheap inferior goods from China.
#auspol@TurnbullMalcolm@billshortenmp@realDonaldTrump -
In fact a foot note to "cheaper" goods from China. They actually cost more to buy than goods that were made in Australia. A prime example is shoes.
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In fact there are many British companies bringing back production of their goods from China as it will be cheaper to make in Britain.
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Spoiler Alert: They will. Spoiler Alert #2: That's what Trump wants because it's a
#fight and distracts from the focus on#trumpcolluded - 1 more reply
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China darling, haven’t you learned anything about trumpolino? He’ not well...he’ special...
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The poor will suffer the most from a trade war.
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China knows what is best for them.
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They should wait a week.
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Of course they are. They are going to lose the half trillion dollar profit they ate making off us. Trump is trying to level the field. He is correct to look out for American steel company & workers.
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If they really want to hurt him kick all of his factories out and cancel all the Trump trademarks
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China taxes us on what we buy from them.All other countries tax us on products that we buy from them.Why is it not ok for us to do
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