There's a good chance we're going to get kicked in the teeth on this.
It's a tariff.
It's basically a tariff.
Whatever you import, that add a tax on top of it.
They also do it with products they export.
Which is ironic the EU. the place advocating for such liberal policies.
Has such protectionist trade policy.
Brussels wants to stay in charge I guess.
We'll see, I think Trump can manage to get the trading partners to lower their trade barriers, China's really heavily bleeding because of it
🆙 | **FLanon leveled up!**
You think so?
Yeah, this is basically what Trump was elected for.
No I mean
You think China is bleeding?
Of course they're bleeding
They still produce like 10x more steel than us.
Their industrial sector dwarfs ours.
Beijing is telling their real estate investors to sell their hotels
They reported their first deficit in trade since the 70s this quarter
Really?
I want to see that.
Yea
https://www.wsj.com/articles/chinese-real-estate-investors-retreat-from-u-s-as-political-pressure-mounts-1532437934
Holy shit.
I really want to see that.
Yeah they're really suffering from the trade barriers Trump's putting up
Keep the hammer down Trump haha.
Yeah that's the big point
Hopefully we can be restored to our former glory...
They can't retain their neo-merchantilist policy if Trump just makes our tariffs equal to theirs
https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKBN1JP1EV
Deficit of 34.1 billion dollars
Ultimately I think Trump's end goal is to get the Chinese to remove their tariffs in exchange for us returning to what ours were
whaaa
but we're in 4th quarter
You didn't hear about this?
It was huge
EU is also importing more natural gas from the US, which is huge
HAH
PEOPLE DUMPING CHINESE CURRENCY
How's it feel Clinton
