Muh chynah

the money to pay the tariff doesn't exist. the current tariff is already an extinction-level event. Trump could jack up the tariff to infinity percent and it would still have the same effect. retaliation is their only option, until the thing gets dropped entirely.

What industries have the most new jobs?

Health care, a reliable payroll engine the past couple of years, led January’s job gains with 54,000. Leisure and hospitality added 43,000; retail, 24,000, largely because of the return of striking supermarket workers; and transportation and warehousing, 23,000.

If I had to choose (I don't) I'd stand by.

By Trump's logic then tariffs are going to be 7x more beneficial for China to implement.

Fucking kek. I've seen more convincing

you fell into my trap

copes on Anon Babble and Anon Babble. He should have said nothing if he wanted to look unfazed.

the money to pay the tariff doesn't exist.

What are you talking about?

So trade war turns to hot war? Taiwan looking bad here

electrical

an exit tax would have been god tier troll too

where the fuck are China, EU, the entire planet, supposed to magic up hundreds of billions of dollars to pay this fucking tariff?

China placing tariffs on food is retarded

It's not. Brazil is more than happy to sell.

great job numbers

Weren't a bunch of layoffs just announced?

I can't believe he's schizo-posting rn
Kanye must have been invited to the white house last night or something

A lot of fired people are still employed because they are in a legal battle

Are you trolling?

I work in healthcare and our job market being so good is mainly because the boomers aren't getting any younger and so they need a lot more medical care and thus we need a lot more workers. Just supply and demand, really.

Learn to code

it's magic bro!!

jesus you probably think selling your coins on an exchange just magically turns them into dollars too

The government is retarded and never followed proper procedure to fire people so they're all in legal battles they will win and are technically employed

The unemployment rate is officially 4.29%. This is higher at any point during Biden's post pandemic years.

Russia gets Ukraine and whatever else Yurop allows them to take.

China gets Taiwain and whatever else the rest of Asia allows them to take.

USA takes Canada and Greenland and Iceland and whatever else we want to take.

Simple. Fair. E A S Y.

No I meant all the people that were laid off from private industry yesterday like UAW people.

Do you know how tariffs work?

China has the rest of the world to sell to. The US has ??? to import from.

The problem is that Trump has delegated tariff policy to some poo dude who's embarrassing himself with showboat formulas, whereas the CCP has ten thousand 160+ IQ Zhangs and Wangs planning out their economic moves.

HODL JUST TWO WEEKS TO FLATTEN THE CURVE

This literally happened last time are you people stupid. The trump administration had to redirect all the money it made to paying farmers to burn crops they were going to sell to China and farmers in Brazil made out like bandits. So American taxpayers literally spent billions of dollars on NOTHING.

cnbc.com/2018/10/11/trump-trade-war-delivers-farm-boom-in-brazil-gloom-in-iowa.html

US purchasers pay the tariff.

They will have to take out loans from the United States and pay us back with interest! Hahaha

Argentina

China can just print some moneys, lend it purpose-bound, and burn it later on, and everyone will have to smile.
There's way more flexibility in their nightmare mode system.

cheap plastic shit

Nigger, they make everything in walmart. Your auto-industry and electronics are fucked too.

The race is on to see which low-wage country will make the best trade deal with the US| to start manufacturing new cheap plastic shit for us.

Neither do you. Suddenly everyone is an economist. No one knows exactly whats going to happen, you can only try and predict but it doesn't make you right.

are those real job numbers or like "job numbers" that governments usually give out?
the ones where you send 2 million unemployed people into "job training measures" and then those 2 million aren't technically unemployed anymore?

nobody knows what a tariff is

Holy shit are you fucking retarded?

Get real, chang

Who is going to start the years long process of building factories when everything could change in one day for no reason as has clearly happened and baffled the stock market a half dozen times so far in the last two months?

We know what a tariff is faggot. No body knows what effect it will have. Shut the fuck up and go back to your moms basement.

Heres an example. Why does Canada have american car factories? Because in the early 20th century, Canada tariffed USA on cars so they moved their factories to avoid tariffs.

i thought he was acting dumber than he is
turns out my boy is honest to God retarded

it's trumpland
all the numbers are gorgeous, the market is booming, and he his cock can still get hard

Still not regretting my vote. Cry more libtards.

We know what a tariff is

im responding to a post saying that other countries are going to pay tariffs. that poster does not know what a tariff is.

China don't give a fuck, they let 60 mil starve before they'll do it again...

Americans on the other hand.. lol, weak.

I had to ask chat gpt because your link didn't have the authors on it.

The article titled "Trump trade war delivers farm boom in Brazil, gloom in Iowa," published by CNBC on October 11, 2018, was authored by Jake Spring and Tom Polansek.

and by the look of it, jake spring is a ccp shill

He joined Reuters as a trainee in Beijing focused on finance and economics, later covering booming electric car sales and innovations in self-driving cars in China.

How can I trust that article lmao. Anyone with half a brain knows that ev's in china are bombs on wheels.

shut the fuck up cock boy.

I accept your concession, thank you for admitting that you were wrong.

And they'll reply in kind, then China will look for non-US suppliers and just accept less sales in the US because China plans in decades while Trump plans in minutes.

Chang thinks he has leverage

Lol

Ok here's another source for the same story.

foxnews.com/politics/trump-trade-war-with-china-puts-300000-basedbean-farmers-14-billion-export-industry-in-limbo

So smart yet industrial espionage is the only way that they can succeed

Youre the wrong one for thinking you can predict the outcome of tariffs. Youre not an economist, youre some faggot in a basement. Every youre spitting out is regurgitated from reddit.

im responding to a post saying that other countries are going to pay tariffs. that poster does not know what a tariff is.

SHUT THE FUCK UP COCK BOY

He makes a good point. If we knew the outcome we wouldn't need the simulation.

Anon, they don't pay the tariff. US companies do. Tariffs are a tax on Americans that quite literally will only benefit the US government, not American businesses or any Americans.

It'll be so cool though!

The economy being in the shitter for the next twenty years so things can still be more expensive afterwards with literally no change in the standards of living for Americans, just so the government can say "we turned six quadrillion into only nine-hundred and ninety-nine trillion!" is not a success. Especially when they can just print imaginary money forever so long as other countries think the US is good for it (they no longer do).

Love him or hate him, Trump is the biggest troll the world has ever seen.

Holy based, we just can't lose

kek

Are you fucking retarded?
The importers ie. AMERICAN corporations will pay the tariff (by passing down costs to consumers)

I accept your concession.

DIE FOR TRUMP

YOU WERE BORN TO DIE FOR TRUMP

DIE FOR TRUMP

YOU WERE BORN TO DIE FOR TRUMP

DIE FOR TRUMP

YOU WERE BORN TO DIE FOR TRUMP

DIE FOR TRUMP

YOU WERE BORN TO DIE FOR TRUMP

DIE FOR TRUMP

YOU WERE BORN TO DIE FOR TRUMP

No it's not. Their export as a percentage of GDP to America and the world peaked in 2005. Their growth has been mainly from building GFC (like HSR) and domestic consumption, while their exports has grown steadily at a slower rate. See picrel.

China's export as percentage of GDP is much lower than Germany or Mexico. For instance, in Mexico it's 43%. Mexico's export as percentage of GDP to America is 35%. China's export as a percentage of GDP to America is 2.5%.

What's gonna happen instead is China will sell to some country who will then resell to the US

I was laughing because i had to fix your link lmao. I guess your point on s0ibeans does stand, but that is an export for the US. What about when china wants to import to the us?

Tariffs apply to country of manufacture, not sale

schizo meltie

lmao

i used to get insulted when I would use all caps as a teenager. And now we got the POTUS, an 80 year old man, doing it, regularly.

boomers are mentally teenagers

Nearly all of our antibiotics come from China. Why don't they just refuse to ship anymore? Let the Boomers die off from C Diff while a Bangladeshi nurse chatters away in gibberish into a speakerphone as a final farewell for shipping jobs away and importing the third world.
It's what they would have wanted.

One child policy

Plans in decades

Lol ok gook boy

This is why last month after the first tarriffs, they said are ready for any type of war. China started futureproofing their economy from US tarrifs or a slow down in the American economy since the the time of the Great Recession in America.

Btw these days, China isn't just some country that makes plastic toys and buckets anymore. They are a major consumer market.

40% of BMW's sales comes from China and it's 37% for Mercedes Benz. While KFC has 4300 locations in the US, China has 10k+ locations. VW had 50% of its sales from China at one point. Buick has something like 80% of all it's sales going to China and that's only with 2.5% of the market share there. For Tesla, it's 35%. Apple makes $30 billion operating profit from China, per year. The biggest market for the gaming company Steam is China with an annual revenue of $10 billion, that's followed by the US market with $3.2 billion, etc. The movie Ne Zha just made $2 billion+ at their box office, it's now the 6th highest grossing movie of all time globally, and this was 99% from the domestic box office.

What Trump doesn't understand from the trade balance is that when China exports an iPhone, they only earn about 3.6% of the value of the iPhone from manufacturing it. However, it counts as 100% of the value of export on the balance sheet even though Apple earns the overwelming bulk of the profit. Apple also earns $30 billon in profit revenue selling the iPhones to Chinese consumers. It's less of a loss to China if they decouple from Apple than vice versa. This is why looking at the trade deficit doesn't tell the whole story in an increasingly complex economic world.

They'll likely put duties on American corporations selling their product in China now.

I AM GOING BROKE HEEEELPPPPPP

Tariffs in play for 1 day and it's already working.
What a genius!

China plans in decades while Trump plans in minutes.

CCP mouthpieces apply this saying to EVERYTHING china does. It's funny because it couldn't be more ironic.

Well it’s over for good
Should I panic sell NVDA and all my 401k accounts?
Both may never cover at this point kek

CHINA PLAYED IT WRONG I ONLY TYPE IN ALL CAPS

Nice. CHINA played him like a fiddle. It doesn’t even matter what the other 180+ countries do at this point. We are likely on an escalating downward spiral as Trump tries to get the last word.

He was already going to impose at least another 25% tariff on China. The 25% "secondary tariffs" on Venezuela are just another way of imposing an additional 25% tariff on China, because China isn't going to throw Venezuela under the bus and stop buying their oil

that's the thing that a lot of people here don't understand
China is 100% fine with letting most of their population suffer for as long as they need meanwhile if the US does something similar they will just get replaced with someone else next election

China's exports to the US are about 2.6% of China's GDP.

Maybe you recall reading a lot of recent headlines about China having deflation or China applying underwhelming stimulus. China has been holding off large-scale monetary and fiscal stimulus, which is likely because they wanted to save their ammunition in preparation for exactly this event.

I'm struggling to find the info, how much is Canada being tariffed? Specifically the potash we buy from them?

Normally, country-specific tariffs on fungible commodities like food are useless, however China is the buyer of something like 2/3 of global basedbean imports, so their tariffs actually have an effect

Trump is sending you a message folks. "They panicked - the one thing they cannot afford to do!" He's telling you not to panic.

10%

I mean 10% on potash and energy, 0% on CUSMA compliant stuff, 25% on everything else.
Autos just get a random number at this point

The US recently became a net importer of food and agricultural products because of China's retaliatory tarifs.

The revenues of American corporations will also likely go down when China put duties and other retaliator measures on them. In terms of revenue, US S&P 500 makes $1 trillion a year selling to consumers in China. But you wouldn't know that if you just looked at the trade 'deficit' because it doesn't take that into account.

he is talking to himself, he probably typed it in the bathroom before another meeting.
These people don't care about the internet they use it as stress release.

tarrifing food puts pressure on the dumb hicks who vote trump, its the best tarrif they can do because it hits those farmers

So basically his entire plan was reliant on the idea that China wouldn't call his bluff, but they did & now he can't back down & he's ruined the economy.

The sad thing is while you might be pretending to be a retard there are tons of people who actually believe Trump just taxed the world and not its own citizens

Farming seems pretty razor thin. One storm away from crop insurance. 10% seems like alot ? Will fucking beef jump in price now

I'm not a burger but yeah their farmers are getting fucked

taxes on fertilizer imports

all of their slave labour getting deported

other countries adding tariffs and shifting away, customers that won't be coming back

crop insurance getting removed

farm machinery more expensive

restoration grants getting cancelled

USAID guaranteed buying contracts cancelled

Why make a deal with a country as untrustworthy and unreliable as the US?

What about when china wants to import to the us?

There is a reason Apple stocks dropped like a rock.

Americucks have this deranged belief that they are so exceptional, no amount to retarded can meaningfully hurt them
but it isn't the 1950s anymore

Did everyone else forget it isn't just China vs USA? It is USA vs the World. And the World will just work together to cut China out. Trade was what made US rich, do they think that other countries can't just trade amongst themselves?

He suggest a 500 percent tariff for Russia so I firmly certain the most Jewish version of US trade is coming

China produces more food than the US

What Trump doesn't understand from the trade balance is that when China exports an iPhone, they only earn about 3.6% of the value of the iPhone from manufacturing it. Apple earns the overwelming bulk of the profit.

Apple also earns $30 billon in profit revenue selling the iPhones to Chinese consumers.

It's less of a loss to China if they decouple from Apple than vice versa. This is why looking at the trade deficit doesn't tell the whole story in an increasingly complex economic world.

It'll also mean that the Chinese will then buy more Huawei phones which would be a high value added product for China instead of a low value added product like the iPhone. China gets most of the profits as the parts come from a BYD electronics factory with NAND/DRAM from YMTC/CXMT, SoC from SMIC. And profits will also go back into R&D to make better phones. Pretty much a win for China and a loss for Apple as 35% of Apple's net sales are from China.

do they think that other countries can't just trade amongst themselves?

Trump will likely propose secondary tariffs if they do, yes he is that retarded. He already threatened Russia with it last week

DOW DOWN 1,600 POINTS, NASDAQ DOWN 4.8%

imagine how low it will get on Monday after the EU announces their tariffs this weekend

-1,800, -5.15%

I believe apple is already taking steps towards US manufacturing. That is the goal of the tarrifs.

Apple is already taking steps towards US manufacturing

For servers though not phone assembly the plan was to run that in Mexico

So the plan is the entire world trade amongst themselves and the US, in theory, manufactures and sells everything inside their own borders?

And the World will just work together to cut China out.

why would they do that?

Yes

America has to be separated somewhat from the broader world economically before it can be nuked out of existence and the "multipolar" order can be brought in. Read some books on multipolar thought/duginism and you'll see America is singled out as the sacrificial cow to be slaughtered. "The Great Satan". Right now America is too important financially to destroy outright without bringing everyone else down, so their guy Trump is going to fix that by decoupling and slowly grinding the american market to dust.

chy-na sells us plastic with lead and radiation
the US sells them......food
Looks like another Great Leap Forward for them (45 million starved) since yurope can't match the food exports needed and all the farmers left to the cities to become food delivery drivers with the other 60% poverty ruined citizens

Who cares? Chinks will happily eat rice everyday and live in shoeboxes. The average Amerishart will go insane if they don't eat their daily burger and drink their daily Starbucks. Chinks can endure a lot more than you can

IT'S ALREADY WORKING

jesus fucking christ lmao

The tariff retaliation is worse for them because now chinese citizens are paying more out of pocket and they simply cannot afford it
The US just pays the higher price and complains
he always posts like this
by dropping theirs so that they don't have to
This whole this is Trump holding a grenade in a small room and threatening to kill everyone if they don't listen to him
The difference is that we can have the financial strain while the rest of the world gets hurt worse
not enough food to feed all the chinese and their own people
no shit you can't fire a bunch of government employees and think unemployment isn't going to rise

it would've happened to if they just let Trump do the travel ban from China
those fucks wear a mask but then cough into their hands or directly on whats in front of them its insane

not enough food to feed all the chinese and their own people

Factually incorrect.

self sufficiency would be nice, yes. The main problem that still persists is overregulation of many industries within the US. Deregulation itself would be massive for us manufacturing. slapping tariffs on other countries can be done much faster than deregulating. And perhaps lobbyists and shit will have a reason to push for deregulation in specific industries within the US

Anon they don't need to pay it, it's not theirs to pay
You will pay it
It will be paid by you

I'm confused, liberals told me tariffs are only harmful to the country enacting them, so why would China enact their own tariffs just to hurt themselves??

except none of those plans work out and they constantly change
Now compare GDPs
not enough to feed their own people
factually correct and it worsens with tariffs because their 60% poverty riddled population can't handle that while existing farms who can consistently yield a lot of crops move to the cities looking for higher paying work and are getting older and older

hmmmmmmmmmmmmmmm

60% poverty riddled population

i don't think the average person understands just how poor the lower class in China is.

WW3 will probably start within a decade so drumpf wants the US to be self sufficient. Why would a Republican ever want a cucked California 2.0 like Canada to be part of the States. Republicans would never win another election if Canada became a State. This is all happening because WW3 is around the corner

The difference is that we can have the financial strain while the rest of the world gets hurt worse

Not sure what gives you this idea
If we frame GDP as economic "hit points" you're at a 3:1 disadvantage here and that's like the most generous possible way of looking at it

Congress already was doing that to their electric cars and still they are considered too cheap, lmao.

liberals told me

No they didn't you faggot

Self-sufficiency is literally impossible without drastically lowering the average american's quality of life you moron.

kek this

holy fucking kek, smartest trumptard