China Strikes Back in Shocking Retaliation to U.S. Tariffs!

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[DavidThomas-gmgu]

A lot of people globally have stopped buying American made goods, they're just sick of the America first bs .

[kerryD-hu]

The last fool to tariff their way out only made the depression worse than it needed to be. So here we go again.

[arthurr]

Someone who bankrupted a casino has no business running our economy.

[ObsidianRose]

Now China is doing what's called smart business. Not that Trump would know anything about that!

[heidimueller]

As a Canadian, I will be boycotting travel to the US, and their products.

[ICEMAN_GT]

If Tariffs can solve everything, all nations in the world would have done that already. Lol.

[pamelamartin]

My education was a high school graduate. I went on to have a business in the food service industry for 30 years. I could see the hand writing on the wall as Trump said tarriffs will solve our economic problems. Just for your information, manufacturing is not coming back to the USA.

[NURREDIN]

Yes, those tariffs worked well in 1929 didn't they? What happened in October of 1987 after Reagan's tariffs of March 1987? Does anyone remember when trump put tariffs on Canadian lumber and the Canadians responded by boycotting American dairy and caused many of our dairy farmers to go bankrupt? They were (and are) the biggest consumers of American dairy products. Prepare to pay MORE for every visit to Wal-mart, or Target, or Lowes or Home Depot. When you go shopping, read the labels on everything you like or buy, and see the country of origin.. Can you say 1929 boys and girls?

[SeanWalter-ms]

It’s called the us is not all that ‘great’. Although our electorate is pretty stupid, this is not universal when you leave our echo chamber.

[bridgetfredrick]

People are putting themselves on a budget. They aren't sure what's gonna happen with prices, so uncertainty equals a hold on spending.

[Donaldperson]

They don’t take in considering that a lot of people in their 50’s to 60’s never went back to work after covid! How many of us is there? Millions?

[huffhouseart]

If your in debt, you were sucked into the matrix of the credit scam. Learn to buy what you can afford not what you want.

[brettdavidson]

Imagine thinking trump will Fix Anything 😂

[brianbaker]

Consumer spending is not going to increase in the US... The vast majority of people in the United States are materialistic... And with that attribute the vast majority have borrowed against all of their future income...!!
Their debt to income ratio is tapped out...!!
I believe that we've reached the threshold of no return with the unemployment... Once unemployment reaches a certain threshold it becomes a compounding snowball effect...!!
The consumer has been in a recession for years... I believe we're heading towards another depression...!!
You can't borrow any more when you are maxed to the hilt... And on top of that Banks tightening their lending... Without credit most people can't even afford to pay attention...!!

[ALong-foso]

China reducing its holdings of dollar treasuries has been part of a change its trading and currency management strategy for the past decade. So its latest round of sales is not a surprise.

[stagg]

Well that is what they wanted and voted for high prices and confusion 😊

[mattw]

When 5 people have more wealth than the rest of the country combined, its no wonder that money isnt being injected into the retail sector. Its all been vacuumed up!

[DickKnolls]

Say hi to the crash of epic proportion!

[dguy]

There will also be retaliatory tariffs in China on US goods.

[marscrumbs]

Turning recession into a depression will be Trump2.0 legacy