China's finance ministry has announced an 84% tariff on all goods imported from the US.
The ministry says that these new charges will take effect from 12:01 CST (05:00 BST) on 10 April.
It's all about everyone kissing Trump's ass, he said as much last night, and China's not kowtowing to anyone, let alone the Orange Bozo.
Meanwhile, his mental decline was on full display. He said that states are just agents of the Federal government and that the Nazis treated the Jews "with love".
Another data point: The bond market isn't booming. In the past, when economic turmoil has been looming, the dollar rises as investors around the world bought American bonds because the U.S. was seen as a safe and stable country for their money. That's no longer true. A simultaneous meltdown of the bond and stock markets is pretty unusual and is rather ominous.
So here we go.
2 comments:
Lies dammed lies or fever dreams.
On another news front seems bobby brain worm is suffering some form of degenerative disease.
The idea that states are agents of the Federal Government is a rehash
of those dark days in the 1850s. I expect pushback, for good reason.
Eck!
The OFF is an arsonist setting fires and then wanting adulation and praise for helping put them out. No one at the White House seems able to take away his matches.
The 90 day tariff suspension simply makes the current fire a slow burn, but in no way puts it out.
Butting heads with China and consequent chest thumping will start another bid for China to take Taiwan. Anti-American sentiment is rapidly reaching a fever pitch with China's citizens and it won't be long before more action is demanded against the US.
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