China calls Trump's bluff

[KingFook Sr]

by adding another 50% ... making a total of 84% on all USA imports into China.
.
https://www.rt.com/news/615441-china-tarriff-us-84/

 

[jsctan]

Yay.....No trade between China & USA. Spilt among rest of the world.

 

[TanSong]

I will buy more CNY

 

[jsctan]

I will buy more CNY

I will buy more Gold....

 

[KingFook Sr]

Time to unload all USD holdings.

 

[shock888]

You notice no CCP Elites rise to challenge Trump and only use CCP spokesperson.. That means CCP Elites in a loss how to handle Trump.

 

[Rogue Trader]

You notice no CCP Elites rise to challenge Trump and only use CCP spokesperson.. That means CCP Elites in a loss how to handle Trump.

I guess you're not a poker player. Those who talk loud and act provocative on the table are always bluffing on an empty hand

 

[syed putra]

You notice no CCP Elites rise to challenge Trump and only use CCP spokesperson.. That means CCP Elites in a loss how to handle Trump.

Trump is manipulating the markets. He probably got many wall Street friends. This is insider trading.

 

[Rogue Trader]

Trump is manipulating the markets. He probably got many wall Street friends. This is insider trading.

That seems to be the latest drama

 

[threadfin]

Any tariffs above 50% becomes meaningless...once above 50%, there is no difference between 50% or 5000% as there wouldn't be any trade between the two countries anymore. You can even raise it to 5million percent also wouldn't make a difference.

 

[eatshitndie]

over 69 cuntries get a reprieve on tariffs for 90 days while negotiations take place. meanwhile ccp gets 125% tariff. only cuntry kena tekan by trump. huat ah!

 

[threadfin]

over 69 cuntries get a reprieve on tariffs for 90 days while negotiations take place. meanwhile ccp gets 125% tariff. only cuntry kena tekan by trump. huat ah!

Trump can even raise it to 10m percent. It wouldn't make a difference already. Looks like CCP is ready and prepared to decouple from US in this 2nd Trump presidency as compared to Trump's first term.

 

[TanSong]

Trump can even raise it to 10m percent. It wouldn't make a difference already. Looks like CCP is ready and prepared to decouple from US in this 2nd Trump presidency as compared to Trump's first term.

Ccp can do anything but its people are hungry and angry

 

[Leongsam]

Ccp can do anything but its people are hungry and angry

Just machine gun the unhappy ones and all will be well.

 

[jsctan]

Trump is manipulating the markets. He probably got many wall Street friends. This is insider trading.

You got proof? This is whole market reaction. You can do insider trading for a few maybe but for the whole market?

 

[aerobwala]

Any tariffs above 50% becomes meaningless...once above 50%, there is no difference between 50% or 5000% as there wouldn't be any trade between the two countries anymore.

Except car in Sinkapore, import duty 20%, ARF 180%, GST 9%

 

[jsctan]

Except car in Sinkapore, import duty 20%, ARF 180%, GST 9%

And buy a piece of paper just to drive & is more expensive than the price of car. My journey to work has become more & more congested on the same expressway from 2000s while COE has gone from $10,000 to $100,000. Nothing has improved, in fact my journey is taking longer.

 

[edragon]

I guess you're not a poker player. Those who talk loud and act provocative on the table are always bluffing on an empty hand

Another saying is "empty vessels make the most noise" or "barking dogs seldom bite"

 

[edragon]

Any tariffs above 50% becomes meaningless...once above 50%, there is no difference between 50% or 5000% as there wouldn't be any trade between the two countries anymore. You can even raise it to 5million percent also wouldn't make a difference.

Yes, technically. There will be indirect trade through 3rd parties as USA cannot live without China but China can as it depends on USA for only 15%. China have many "friends". USA have many "friends" including friends who said:

"These are not actions one does to a friend"​

 

[KingFook Sr]

“China’s economy is like a vast ocean, not a small pond.
An ocean experiences moments of calm, as well as times of stormy turbulence.
Without the storms and turbulence, it wouldn’t be a true ocean.
While strong winds and heavy rain can overturn a small pond, they cannot overturn the ocean.
After enduring countless storms, the ocean is still there.
Having gone through over 5,000 years of hardships, China is still standing strong.
Looking toward the future, China will always be here.”
- Xi Jinping.