China announces 84% on US imports

[Morphine Prince 109,656]

Hong Kong CNN — China announced retaliatory tariffs of 84% on imports of US goods on Wednesday, further inflaming a trade war between the world’s two biggest economies.

China increased its intended levy on US imports by another 50 percentage points from the initial amount that is set to take effect on Thursday, matching the additional charge that US President Donald Trump has already imposed on Chinese goods.

Source: https://www.cnn.com/2025/04/09/business/china-us-tariffs-retaliation-hnk-intl?Date=20250409&Profile=cnnbrk&utm_content=1744198445&utm_medium=social&utm_source=twitterbloomberg 

[Pandacadabra 9,180]

I wonder what insanity the MAGAts would say to justify this..

[Arcanum 5,210]

So Trump thinks that US can manage the production of the imported stuff with US factories?

 

How does this make sense? 

[NotNightwing 1,710]

It's just blatant market manipulation at this point right? Like Trump is a moron, but there is a LOT of money invested in his presidency by a lot of very powerful people. China is in a far better position and holds all the cards. Trump might be dumb enough to think he could win this somehow, but all his backers? 

This is just the rich manipulating the markets to further increase their already disgustingly high share of wealth, just like during Covid. 

[GipJo 2,912]

As a Chinese, I don't know why he thinks of all the government, China will be the one to back down from his bullying

[misha4ever 2,077]

17 minutes ago, NotNightwing said:

It's just blatant market manipulation at this point right? Like Trump is a moron, but there is a LOT of money invested in his presidency by a lot of very powerful people. China is in a far better position and holds all the cards. Trump might be dumb enough to think he could win this somehow, but all his backers? 

This is just the rich manipulating the markets to further increase their already disgustingly high share of wealth, just like during Covid. 

this is Putin's teaching, yes. The economy crashes and the oligarchs can buy cheap and take the country more than they had already.

[SpadesToStart 3,808]

200% tariff on Chinese goods incoming

He’s not going to stop escalating, I don’t think he psychologically has the capacity to.  However, the further he pushes this trade war, the more likely Congress intervenes. 

[Juniper 1,062]

He thinks what he does is implemented in the rest of the world. China and the rest can still trade as usual. He’s just sawing USA off from the rest of the world. He’s so stupid he doesn’t understand he can’t force people to buy stuff they don’t want just to “make up” for the deficit. Maybe his plan is to make Americans so broke they can’t buy anything anymore. 

[DopeEnigma 1,776]

21 minutes ago, GipJo said:

As a Chinese, I don't know why he thinks of all the government, China will be the one to back down from his bullying

Because he’s an idiotic lunatic 

[FATCAT 60,888]

28 minutes ago, SpadesToStart said:

200% tariff on Chinese goods incoming

He’s not going to stop escalating, I don’t think he psychologically has the capacity to.  However, the further he pushes this trade war, the more likely Congress intervenes. 

168% is my guess

[Republicanne 7,836]

58 minutes ago, GipJo said:

As a Chinese, I don't know why he thinks of all the government, China will be the one to back down from his bullying

Ni hao hottie 

[Franch Toast 27,737]

1 hour ago, GipJo said:

As a Chinese, I don't know why he thinks of all the government, China will be the one to back down from his bullying

Because Trump, Vance, and all the MAGATs are complete idiots who understand nothing about China, the world, economics, or anything, really. 

中国加油！

[bpmMonkey 7,729]

6 minutes ago, Franch Toast said:

Because Trump, Vance, and all the MAGATs are complete idiots who understand nothing about China, the world, economics, or anything, really. 

中国加油！

This. But also not only in regards to China. These idiots don't understand that countries that have a history of more than a couple hundred years have national pride and identity that's deeply rooted. They think in numbers and deals and deficits, but they don't grasp the concept of soul... jesus, this sounds cheesy af, i know, sorry 

[Emvee 8,829]

If republicans in congress don’t step up to stop this, we WILL have a depression. It’s very crazy that they’re enabling this. 

[PartySick 172,537]

24 minutes ago, Emvee said:

republicans

 

25 minutes ago, Emvee said:

step up

Imagine putting these two things in the same sentence  

Half of them will get rich off of this, the other half are too stupid and scared of their MAGA voters who are even stupider than they are

No way they'll do anything except breathe a sigh of relief when Democrats take congress next year and they get to back Trump without the consequences of Trump's unabashed stupidity