Trump announces tariffs on 1300 Chinese imports: http://money.cnn.com/2018/04/03/news/economy/us-tariffs-china/index.html

China responds with tariffs on 106 US products: https://www.cnbc.com/2018/04/04/china-new-us-tariffs-including-soy-cars-and-chemicals.html


US dollar index is steady since Trump announced tariffs, while the Chinese Juan has fallen 0.4% against the dollar today as the tariffs were announced (significant for currency).

The US has a huge trade deficit with China that has been steadily increasing:




Will this trade war hurt the both China and the US? Or will the US come out on top?

Many economists and politicians have blamed free trade on the loss of US manufacturing jobs to China, Mexico, and others. Perhaps a return to protectionist policies will end our extended wage stagnation.

no one wins a trade war

Australia will win this trade war.

Personally, I don't care about tariffs on electronics and Chinese knickknacks.

1. My car works great, won't need an upgrade anytime soon. 2. My house was built with American lumber and labor. 3. There's plenty of farmland in the US to provide food for the whole population and more.

That's pretty much all I need.

China has been winning its trade war for a long time.

So, just fuck anyone else who consumes those products, right?

Fuck anyone who would rather buy a cheaper Chinese product than help American workers and buy a product made in this country.

If that includes you, then fuck you too.

in case some of us weren't sure you were an ignoramus thanks for making it crystal clear.

international trade is greatly beneficial. the buy local fallacy is remedial trash they should have taught in second grade.

Assume much?

i dont need a HDMI cord that lasts 12x as long as the TV for 20x the cost, ok? 99 cents on ebay and its on my fucking door step in a week with a guaranteed replacement policy if it doesnt work as intended out of the box.

cheap american goods are good for americans. we have booming jobs, and now we have inflation on the cost of living for almost no good reason other than controversial ideas about deficits and patriotism.

there is no inherent value in making cheap shit here, in fact its nothing but a tax on us all. your shortsighted summary of how this wont affect you is laughable. prepare to get taxed at Pick 'N Save like the rest of us pal. if you're actually self sufficient to avoid this tax, congrats. if not you're just ignorant and naive.

This post was edited by thesnipa on Apr 4 2018 12:15pm