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Reply to "Trump tariffs: ruin U.S. economy until 2040"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Seems that China was not persuaded by Bessent’s advice not to impose retaliatory tariffs. And we can expect more from the EU soon. We’re not top dog anymore. [/quote] It will be a cold day in hell when China relents to Trump's nonsense, Chinese have a very HIGH threshold for pain especially of the fiscal variety, Trump is way out of his league when dealing with China. They haven't said a single word, it will all be actions, Xi Jingping didn't broadcast his tariff signing ceremony all over the world, he's not a lunatic.[/quote] Let's not kid ourselves, Xi is a lunatic too. But he's quieter about it. And China also depends upon the US markets. Trump's bats*** crazy negotiating tactics are actually best-suited to China. Using them on the rest of the world is just dumb. And harmful to the US and to his plan, whatever that is.[/quote] Respectfully, I disagree. China has broadened their markets so much that U.S market is simply one part of their world market. Also, like I said earlier Chinese can suffer and feel the pain a LOT longer than us. I have lived in China, I have worked with Chinese, these are not individualistic societies like ours, these people have deep capabilities to hunker down and bear the fiscal pain, especially for national pride.[/quote]
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