Quote:
Originally Posted by MrBaldBastard
It's not someone.. It's the American Tax payer that pays.
Its how Governments of the world shaft an extra tax up their citizans asses by calling it something different.
Trump really has no choice, all indicators out are showing he's fucked the economy unless he comes to a deal with China soon, and if he comes to a deal with China.. then that money his current tariffs are collecting needs to be replaced or they need to borrow more.
So yet again he'll just ass fuck the retards that voted for him.
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https://tradingeconomics.com/united-...lance-of-trade
https://qz.com/1629735/everyones-win...na-and-the-us/
https://ec.europa.eu/eurostat/web/pr...EDN-20190409-1
China intends to take over the worlds manufacturing with what;s left going to other 3rd world Nations like India,
https://en.wikipedia.org/wiki/List_o...e#List_(20 18)
None of these countries will stick to just producing cheap clothing and basic electronics. Already China is leading the world in some technologies, soon the new billionaires like Gates, Jobs, Zuckerberg, etc will be coming from China
https://www.investopedia.com/article...repreneurs.asp This will slowly erode the wages and incomes of most. Already the working class and lower middle class are feeling the pinch.
Jeff Bezos who doesn't let your fears for your jobs effect his drive to turn billions into a trillion mainly by a site that sells cheap 3rd made goods and closes high street shops.
The problem is getting Americans to pay more to save their jobs.
The problem is who will blink first? If the EU were to threaten China with import tariffs China is forced to negotiate to buy more and sell less. Give it another ten or twenty years and they won't care, because their rich will be able to buy all they need.