What do you make of China lowering tariffs on goods imported from every other country?
- jimmyLv 75 months ago
China are outplaying Trump. China are looking to other markets to replace the USA. They are importing soybeans from Brazil and Argentina and replacing US lobsters with lobsters imported from Canada. American businesses are begging Trump not to impose more tariffs.
- samLv 65 months ago
good move. trump will lose
- Christian sinnerLv 75 months ago
I'm thinking China assessed the likelihood of Trump's reelection. One position was to wait Trump out, the election might show Trump would lose. But I don't think that will happen. China might see Trump in a reelection scenario. If that is true, then their economy suffering would only continue. And I understand China's economy is suffering. Trump's tariffs are ruining them. So waiting for Trump to lose the next election would be economic suicide.
That's the way I see it anyway, for what it's worth.
edit: Remember when all we heard was "no one wins in a trade war"? Remember that? Experts were saying that commonly. I wonder why they were saying things like that? But I remember. That's important. They were the same way about NAFTA.Source(s): bisexual Christian
- TroyLv 55 months ago
Interesting that they have been using tariffs on goods imported from every country, then complain when someone uses tariffs on the goods coming from their country. Maybe they have begun to see how hypocritical their economic practices have been.