RE: This Is What Happens When You Put An Idiot In Charge of a Complex System
September 21, 2018 at 2:52 pm
(September 21, 2018 at 12:12 am)Fireball Wrote:(September 21, 2018 at 12:08 am)Minimalist Wrote: You know, there are times when I wonder if that Orange Fathead understands that "Murricans" are paying his fucking tariffs, not the Chinese.
Bigger question, will Walmart Shoppers catch on?
https://www.rawstory.com/2018/09/walmart...es-letter/
NO! OUR PRESIDENT ROCKS! HE'S GOING TO TAKE DOWN THE CHINESES! I will have to say, though, that the Chinese have a bit less depth with that embargo than the US does. Though that makes absolutely no sense on the cost of products.
The Chinese may have less American imports to levie tariffs on, but, thanks in part to American antagonism to to major Chinese investments in the US since about 2005, there are also far more American companies that operate in China, and subject to Chinese regulations, than there are Chinese companies that operate in the US. So when they run out of American Imports to levie tariffs on, they will undoubtedly change domestic regulations or just how they enforce these regulations to drive out American companies operating in China and making it easier for European and Japanese companies to take their places where Chinese domestic firms can’t take up the slack.
They don’t run out of ways to inflict retaliatory pain on American interests just because they run out of American imports to tax.