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Reply to "Trump tariffs: ruin U.S. economy until 2040"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]China now retaliating against Boeing: https://www.bloomberg.com/news/articles/2025-04-15/china-tells-airlines-stop-taking-boeing-jets-as-trump-tariffs-expand-trade-war?srnd=homepage-americas They cut off beef imports a couple days ago. Seems Xi is escalating even after Trump is trying to make concessions to stop the bleeding. [/quote] China probably has a long list and is just going to turn the screws more every few days. [/quote] Unlike trump’s own voters, China was listening to Trump’s tariff talk and had a plan for this scenario. China has been trying to increase their domestic consumption for a while, and although this is not the way he wanted to do it, Xi can tell his subjects that their patriotic duty is to consume more, inject a stimulus package, and they will follow along. China had already announced a couple of months ago that they would give childcare credits and debt relief for local governments to increase domestic consumption. They will probably announce more easing of rates and other steps to bolster consumption soon. I am dreading the crescendo of this trade war, especially since we have no idea when it might come. Can we, as citizens, sue Trump in a class action for economic disruption and mental anguish? [/quote]
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