Current Events > Trump deals another huge blow to China in trade war - tariffs now 30%

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REMercsChamp
08/23/19 5:56:48 PM
#1:


https://www.cnbc.com/2019/08/23/trump-will-raise-tariff-rates-on-chinese-goods-in-response-to-trade-war-retaliation.html

Trump will raise tariff rates on Chinese goods in response to trade war retaliation

President Donald Trump said the U.S. will hike tariffs on most imports from China as his trade war with Beijing escalates.

The U.S. will raise duties on $250 billion in Chinese goods to 30% from 25%, and increase tariffs on another $300 billion in products to 15% from 10%.

Earlier, China announced new tariffs on $75 billion in U.S. goods and Trump ordered U.S. companies to find an alternative to operating in China.


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kingdrake2
08/23/19 5:58:18 PM
#2:


sounds like one of those contests again. who's the badder dude while the consumers are suffering.
PSV is going to even higher because of the pissing contest.
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#3
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#4
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bluezero
08/23/19 6:01:33 PM
#5:


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kingdrake2
08/23/19 6:03:09 PM
#6:


bluezero posted...
Bye bye stock market


the stocks are going down tomorrow.
edit: Dow just lost 600 points.
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#7
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Ruvan22
08/24/19 5:04:35 PM
#8:


fenderbender321 posted...
I can't say I fully support these tariffs.

But seeing as how almost every tax I have ever experienced in my life that has impacted the middle class has been imposed by the left, I find it funny to see people on the left suddenly not support this one just because it's a product of the Trump admin.


Why do you find it funny? You don't think people can feel some costs/taxes are unnecessary while others aren't?
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REMercsChamp
08/24/19 6:21:22 PM
#9:


Ruvan22 posted...
Why do you find it funny? You don't think people can feel some costs/taxes are unnecessary while others aren't?
What are you asking exactly?

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billcom6
08/24/19 6:22:05 PM
#10:


I love paying more for stuff!!!
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REMercsChamp
08/24/19 6:22:26 PM
#11:


billcom6 posted...
I love paying more for stuff!!!
You aren't paying more - China is paying the tariffs

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buryXyourXpucks
08/24/19 6:24:00 PM
#12:


MAGA hats are going to be extremely expensive now
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hockeybub89
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uwnim
08/24/19 6:26:18 PM
#13:


Ugh, paying more for stuff just because someone wants to throw a fit sucks.
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Machete
08/24/19 6:27:00 PM
#14:


donald is deranged
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REMercsChamp
08/24/19 6:28:22 PM
#15:


This trade war is:

- Strengthening the US economy and position against China in a huge way
- Decimating China's economy
- Giving you a great buying opportunity for stocks

And people still bitch because they think walmart might increase the price of shovels by a dollar or some shit?

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tullock
08/24/19 6:29:49 PM
#16:


can you pick a gimmick and actually not suck at it
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REMercsChamp
08/24/19 6:33:14 PM
#17:


tullock posted...
can you pick a gimmick and actually not suck at it
I don't even know who you are man

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Firewerx
08/24/19 6:41:21 PM
#18:


REMercsChamp posted...
his trade war is:
- Strengthening the US economy and position against China in a huge way
- Decimating China's economy
- Giving you a great buying opportunity for stocks


You have the economic rationality of a brain-damaged infant.
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Badwired
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FL81
08/24/19 6:42:27 PM
#19:


As much as I want to stick it to the Chinese Communist Party, all this is going to do is push the cost onto consumers
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REMercsChamp
08/24/19 6:49:09 PM
#20:


FL81 posted...
As much as I want to stick it to the Chinese Communist Party, all this is going to do is push the cost onto consumers
Nope - it's hurting China first and foremost. Why do you think they applied their own (mostly irrelevant) tariffs on US goods? Because they're shitting their pants and need to lash out in some way. Keep in mind China imports almost nothing from the US so the tariffs are largely worthless.

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Ruvan22
08/24/19 6:51:39 PM
#21:


REMercsChamp posted...
Ruvan22 posted...
Why do you find it funny? You don't think people can feel some costs/taxes are unnecessary while others aren't?
What are you asking exactly?


I'm asking Fender why he "finds it funny"?
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Ving_Rhames
08/24/19 6:55:51 PM
#22:


Stupid uninformed topic from a Trumpette #372829
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REMercsChamp
08/24/19 6:56:40 PM
#23:


Ruvan22 posted...
I'm asking Fender why he "finds it funny"?
Well it's amusing how stubborn China is and they'd let their country be absolutely crushed just to save face

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untrustful
08/24/19 7:01:43 PM
#24:


til taxes don't increase prices for consumers

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bluezero
08/24/19 7:03:25 PM
#25:


REMercsChamp posted...
FL81 posted...
As much as I want to stick it to the Chinese Communist Party, all this is going to do is push the cost onto consumers
Nope - it's hurting China first and foremost. Why do you think they applied their own (mostly irrelevant) tariffs on US goods? Because they're shitting their pants and need to lash out in some way. Keep in mind China imports almost nothing from the US so the tariffs are largely worthless.

My last job dealt with raw materials. When the first round of tariffs went down, the first thing suppliers did was raise their prices. So we had to raise ours.
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REMercsChamp
08/24/19 7:10:42 PM
#26:


bluezero posted...
My last job dealt with raw materials. When the first round of tariffs went down, the first thing suppliers did was raise their prices. So we had to raise ours.
By how much?

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DifferentialEquation
08/24/19 7:14:28 PM
#27:


I support Trump on this. China has been imposing tariffs on us for years, and none of the previous administrations did jack shit about it. This is long overdue.
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sylverlolol
08/24/19 7:16:22 PM
#28:


You Trumpanzees are hilarious. The only people this will hurt is us, the regular consumer.
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DespondentDeity
08/24/19 7:23:07 PM
#29:


I remember when I was optimistic about life, before I realized that I was born while the world was transitioning into a horrifying dystopia.
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REMercsChamp
08/24/19 7:25:50 PM
#30:


DespondentDeity posted...
I remember when I was optimistic about life, before I realized that I was born while the world was transitioning into a horrifying dystopia.
It's always been that way

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Broseph_Stalin
08/24/19 7:26:46 PM
#31:


teFw9QZ
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Ving_Rhames
08/24/19 7:27:24 PM
#32:


DifferentialEquation posted...
I support Trump on everything


We know.
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REMercsChamp
08/24/19 7:30:30 PM
#33:


Broseph_Stalin posted...
teFw9QZ
Trump winning again

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uwnim
08/24/19 7:33:37 PM
#34:


Don't know why people care about a trade surplus anyways. It doesn't actually mean much of anything.
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Ruvan22
08/25/19 12:21:44 AM
#35:


REMercsChamp posted...
Ruvan22 posted...
I'm asking Fender why he "finds it funny"?
Well it's amusing how stubborn China is and they'd let their country be absolutely crushed just to save face


Are you Fender? His post "But seeing as how almost every tax I have ever experienced in my life that has impacted the middle class has been imposed by the left, I find it funny to see people on the left suddenly not support this one just because it's a product of the Trump admin." didn't mention anything about China...
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Goats
08/25/19 12:23:48 AM
#36:


Pretty sure China doesn't have employment insurance. What are all these unemployed angry people going to do when they realize Trump and America are the reasons for their current predicament?
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CADE FOSTER
08/25/19 12:24:35 AM
#37:


Dont worry people China is paying for the Tariffs just like Mexico is paying for the wall
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REMercsChamp
08/25/19 12:24:43 AM
#38:


Ruvan22 posted...
Are you Fender? His post "But seeing as how almost every tax I have ever experienced in my life that has impacted the middle class has been imposed by the left, I find it funny to see people on the left suddenly not support this one just because it's a product of the Trump admin." didn't mention anything about China...
Well it's my thread so I can answer for other people if I want to

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Questionmarktarius
08/25/19 12:25:58 AM
#39:


Broseph_Stalin posted...
teFw9QZ

The hell happened in 2010?
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Ruvan22
08/25/19 12:44:18 AM
#40:


REMercsChamp posted...
Ruvan22 posted...
Are you Fender? His post "But seeing as how almost every tax I have ever experienced in my life that has impacted the middle class has been imposed by the left, I find it funny to see people on the left suddenly not support this one just because it's a product of the Trump admin." didn't mention anything about China...
Well it's my thread so I can answer for other people if I want to


So why did you say something about China when Fender didn't?
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REMercsChamp
08/25/19 12:45:46 AM
#41:


Ruvan22 posted...
So why did you say something about China when Fender didn't?
It's my own spin on it - I answered the question you posed myself without considering what he said before. Like I said, it's my thread so I can do that

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Ruvan22
08/25/19 12:49:35 AM
#42:


REMercsChamp posted...
Ruvan22 posted...
So why did you say something about China when Fender didn't?
It's my own spin on it - I answered the question you posed myself without considering what he said before. Like I said, it's my thread so I can do that


Well so far you seem pretty bad at answering questions...
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REMercsChamp
08/25/19 12:50:09 AM
#43:


Ruvan22 posted...
Well so far you seem pretty bad at answering questions...
YOU'RE pretty bad at answering questions

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Ruvan22
08/25/19 1:01:37 AM
#44:


REMercsChamp posted...
Ruvan22 posted...
Well so far you seem pretty bad at answering questions...
YOU'RE pretty bad at answering questions


What question did I answer?
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REMercsChamp
08/25/19 9:15:20 AM
#45:


Ruvan22 posted...
What question did I answer?
It's what you didn't answer, actually

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Ruvan22
08/25/19 12:00:10 PM
#46:


REMercsChamp posted...
Ruvan22 posted...
What question did I answer?
It's what you didn't answer, actually


Which was?
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REMercsChamp
08/25/19 12:27:00 PM
#47:


Ruvan22 posted...
Which was?
You tell me

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Ruvan22
08/25/19 1:25:23 PM
#48:


REMercsChamp posted...
Ruvan22 posted...
Which was?
You tell me

Tell you what?
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Goats
08/25/19 1:27:25 PM
#49:


China: should have aimed for the head
*snaps 50% of American economy out of existence*
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kingdrake2
08/25/19 1:48:17 PM
#50:


Goats posted...
China: should have aimed for the head
*snaps 50% of American economy out of existence*


would be a sure-fire fix but it would hurt far worse.
it be like taking a bullet to the lung.
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