While Trump backs off trade war due to Xmas, China just announced new $75B tariffs on US goods. Who is really winning here?
It sounds to me Trump is the one afraid here.
Trump said trade war on hold due to Xmas, but China turned around and said "you are on hold, we are not. We raised tariffs on you, and manipulated our currency. Your move". If Trump doesn't do anything to retaliate, it will demonstrate to China massive weakness.
@The Taxpayer - no they won't. Energy and agricultural products are the only 2 things China needs to massively import. China got deals with south American countries on agricultural products, oil remains low and China now steals access to South China Sea massive oil field.
- Anonymous3 months agoFavorite Answer
Definitely China. Trump keeps shifting his positions but China just ignores and stays the course.
- gibbsmbLv 45 months ago
It'll change, but the way this is going, China cannot win short term... USA cannot win long term..China can go backwards much more readily than our spoiled USA people.
- 5 months ago
Trump also delay Huawei ban over and over again. After saying its a national security.
Trump did that because this year china bought 24 - 28% less from America compare to last year whilst U.S bought 1% more from china this year than they did last year.
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- Anonymous5 months ago
how come Bush, Clinton, Bush, Obama never dealt with the trade unbalance and unfair subsidies in China
sure USA has subsidies and need to get rid of them too.....
but the people are all about what it gets them NOW not the right thing
Trump is rude and gets the job done
China cannot stand the loss that long.. they are not self sufficient and need us to buy their stuff
they can only "print so much money then fail" While the USA would take years to build new factories to make things china does... the average worker in china makes $280.00 a month
the real part people in the USA would deal with is paying for items made by USA workers paid $2600.00 per month .. this means the cost of things will be higher ....
I do wonder how USA liberals feel it is OK to force Chinese people to work slave wages so they can buy cheap stuff
- NickLv 65 months ago
The United States hasn’t been winning at anything in a long time but they are definitely losing as long as that fat moron is in charge.
- 5 months ago
If we do not reach a compromise with China that is a little more favorable to the US, China will be able to bring America to it's knees whenever they feel like it. They are keeping all these dollars they are making and they could end our democracy eventually with a call for repayment.
- Larry CLv 75 months ago
I think this action will cause a lot of new considerations, seeing as we only have $ 30 billion coming in from tariffs on twice as much as we import as export to the PRC.
- u_bin_calledLv 75 months ago
my company sells product into the agricultural, industrial, construction and energy segments.... all are still reporting their best years in over a decade.... and a good chunk of that is renewed export sales...
customers in three other countries, however, have told me that Chinese companies are offering steep discounts...and Chinese shipping companies are offering to move 40-foot ocean containers full of Chinese goods for under $500 (the going rate last year was over $2,000)...
....do you have enough familiarity with business to understand what these signs indicate?
- ElaineLv 75 months ago
Neither country is really winning but the US is losing more than it is winning.
- 5 months ago
All the poor suckers who can't spend 1100 dollars on the new iPhone may by slave child labor..aren't