The US president has tried to persuade Americans that China will absorb the cost of the tariffs but US businesses are more likely to pass the cost on to consumers.
He added:"Clearly if there was a full-blown trade war between the world's two largest economies, that would be very serious indeed for growth prospects across the world as a whole, including the UK.Last year China responded to tariffs with levies on some US goods including pork and soybeans, prompting the US government to earmark up to $12bn to help farmers cope.
Trump should start his own game show but for the life me I wouldn’t know what to call it 🤔
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Could this be doomsday as US-China trade war enters new phase?Trade talks between the world’s economic powerhouses is reminiscent of the cold war Chinese mentality will allow them to play the long game. They know that, following on from the average Joe no longer being able to afford a new iPad or washing machine, Trump's administration will be history and they can sit down with adults. Doomsday? Trump hopes so, he’s in need of rapture 😇 Thinking that this alternative doomsday scenario is a more likely outcome of Trump's tariff war....
Source: The Guardian - 🏆 84. / 53 Read more »
Deadline looms over US-China trade talksFresh talks are set to begin amid threats of new tariffs and warnings over the global economy. hope they sort something, markets look horrendous this week after a great run Funny that the Chinese report this far more positively than the BBC. What does that tell us about the narrative the BBC try to feed us? People, the BBC are more dangerous to freedom and democracy in the UK than fringe political movements: they are well-funded and very powerful.
Source: BBCNews - 🏆 3. / 97 Read more »
The Guardian view on US-China trade wars: don’t start them | EditorialEditorial: The time has come to rewrite the rules so that the world’s largest economies are able to trade peacefully Two dogs, fighting for the same bone.
Source: The Guardian - 🏆 84. / 53 Read more »
Iran challenges Europe and China to stand up to US over nuclear dealIran is now giving them 60 days to take significant strides or face a potentially severe new crisis in the Middle East A very Pro-Iranian writer of this piece. Definitely he is anti-American, Israel, Saudi, etc., with the rhetoric he spouts. The world should realize that Trump is not a permanent president. And Should uphold the legit nuclear agreement that was made. It IS time for not only Europe and China, but also the United Nations to grow some teeth and effectively sanction the Trump regime.
Source: The Guardian - 🏆 84. / 53 Read more »
Friday briefing: Dramatic escalation of US-China trade warBeijing vows to retaliate against new 25% tariffs … ‘Off-rolling’ forces poorly performing students out of schools … and Freddie Starr bows out What part of XiJinping & Vladimir Putin own DonaldTrump, does the TraitorInChief FakeBillionaire & FakePresident realDonaldTrump, not understand? This may be problematic as isn’t Trump’s hairpiece is sourced from Beijing...? hairraising
Source: The Guardian - 🏆 84. / 53 Read more »
US blames 'erosion of commitments' for China trade war escalationWashington says it is planning to raise tariffs by Friday unless there is a breakthrough in talks planned for this week. foxnewsalert BretBaier BillHemmer BillOReilly TuckerCarlson brithume JonScottFNC kilmeade benshapiro charliekirk11 AriFleischer .BryanLlenas BuckSexton MattFinnFNC LelandVittert IngrahamAngle marthamaccallum ShannonBream jasoninthehouse pdoocy seanhannity ICYMI Well this is a battle America will not win go on China tell America to stuff it
Source: SkyNews - 🏆 35. / 67 Read more »
'NUCLEAR TRIAD’ - US-China relations at breaking point amid fears of Beijing dominanceTHE US has become fearful of China’s quest to be the dominant global force amid the country’s development of a “nuclear triad”, according to a new Pentagon report.
Source: Daily Express - 🏆 26. / 68 Read more »
South China Sea: Fears of CONFLICT as US warships sail by contested Spratly IslandsTWO US destroyers have challenged China’s claim in the Spratly Islands sparking fears of conflict between the two countries.
Source: Daily Express - 🏆 26. / 68 Read more »
Can the US and China stop the trade war blowing up with a last-minute deal?So far the trade spat between the US and China has not tipped the world into crisis. That is not guaranteed to continue: IMF chief Christine Lagarde this week warned it is 'a threat for the global economy' Drivel and speculation! Having already made such ridiculous claims before that did not materialise , like all the expert brexit claims made I suggest getting new jobs lwould be in order for these alleged experts or prophets of liberal doom . jennie0501 Just gotta love realDonaldTrump and his Tariffs. I think he is working to be the first President to bankrupt at least a half million Americans in a year!
Source: The Telegraph - 🏆 41. / 63 Read more »
US-China trade war: Beijing vows to retaliate as tariffs raised – Business liveMidnight deadline passes for two economic superpowers to reach deal, meaning increased tariffs on $200bn of Chinese goods One of these two guys doesn't BS! Watch as the world burns because realDonaldTrump is an economically illiterate stooge. DO IT CHINA, WE DARE YOU!
Source: The Guardian - 🏆 84. / 53 Read more »
Martin Rowson on fears of a looming US-China trade war – cartoonBusiness and market concerns grow after Trump ratchets up tariffs on $200bn of Chinese goods
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