Treasury Secretary Scott Bessent insists China is far more reliant on the U.S. than vice-versa, and thus has no choice but to blink first.
Not surprisingly, Trump & Co understanding of the Chinese couldn't possibly be more wrong. He thinks because China exports 3X as much to the FSoA as we do to them, THEY are more dependent on the trade so will "blink" first. WRONG! The CCP will find something else for 10M unemployed factory workers to do. They can last a lot longer than the MAGA Konsumer can last with empty shelves at Wally World.
So far a 35% reduction in ships, and the last ones to make port before the tariffs are docking now. Give it 2 weeks and J6P will start grumbling. In a month they'll be screaming. 2 months they'll be on the floor, writhing in pain from shopping withdrawal and BEGGING for it to end.
Somehow, I don't think even the MAGAotts are dumb enough to buy him blaming Biden. lol.
https://www.axios.com/2025/05/01/trump-tariffs-china-bessent-xi-jinping
China's not backing down in Trump's game of chicken
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China's not backing down in Trump's game of chicken
Started by RE May 03, 2025, 01:00 AM
Message path : / Politics / Trump / He tariffs because he can / China's not backing down in Trump's game of chicken
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