Each and every time the Trump admin pulls this kind of stunt, then walks it back a short time later, the world sees how weak, impotent and incompetent USA leadership is. They see the man behind the curtain now and he is no longer powerful.
There do exists the book “China Can Say No”. Thus if this is now the thesis Xi now follows, where the Middle Kingdom can afford the luxury of refusal, if so they would rather trade with countries disenfranchised with or embargoed by the present US and its lunatic leadership.
China is really really tired of USA now, normally they would be way more diplomatic in their communications, this kind of strong language would previously be completely unheard of in a situation where there are negotiations taking place.
And this is not just Trump, Biden continued most of Trump’s policies against China when he was president, and USA has been trying to control China’s access to global markets for more than half a century, at times forcing even non American companies to sanction China, to prevent them from competing on equal terms.
Trump is making it worse of course, and he is probably the reason China now has had enough. But the fundamental problem is half a century old.I guess the party is about to be over for USA, they can no longer bully the rest of the world into compliance that benefit only USA.
China and everyone else I think knows that this is just another round of market manipulation. He will back down since 130 percent tariffs are effectively a trade embargo and the US is still not positioned to be able to do that without economic calamity.
So the question is when he will back down and how. I think the same trick will work. He will implement it, do a whole song and dance about how he super duper means it this time, do a few other things to tank the stock market, and then he and his insiders will make big buys before backing down on everything.
Most likely he will back down, but it’s false to claim everybody “knows”.
Because there is a level of uncertainty, and even if he does, it shows negotiations are not going smoothly.
Trump is creating disruptions in the American market, and disruptions are harmful, especially they are extremely harmful to investments.
So whether he TACO out or not doesn’t really matter for the harm he is doing in the meantime.just another round of market manipulation.
FTFY:
another round of market disruption.So whether he TACO out or not doesn’t really matter for the harm he is doing in the meantime.
The disruptions and chaos are the only the worst part of this because everyone knows he will back down. Otherwise Chinese trade embargo itself would be far worse. If he actually did this the stock market would crash instead of just a hiccup, and the entire economy wouldn’t be far behind. So it absolutely matters whether he chickens out or not.
Command economy vs imbeciles, wcgw 🫠
At least SOMEONE stands against the orange cancer. Too bad no one in this country will…
I live in Europe and I am frustrated about this too 🤦♂️
#metoo
it won’t do anyone any good unfortunately
Please publicly call him out. Just be like ‘we know he’s gonna back down again’
Stand Firm is a pretty positive connotation for two despots in a pissing match.
Too bad for USA that Trump is pissing all over himself, and China basically doesn’t have to do anything to win.
But, ironically, China is doing reciprocal tariffs, and banning certain imports and exports outright, meaning they’re both pissing on themselves.
Are you saying you would write the headline differently?
Pooh Bear and Orange Man rig cock fights and risk lives.
What do you mean?
That would be something like:
Xi vows to stand firm in pissing match with Trump.
I don’t think that’s realistic.Unnamed Chinese official claims China will not be intimidated by Trump tariff threats.
I’m fairly certain that one of the Tangerine Toddler’s advisers with half a brain (or just a vested interest) will be telling him to back down
It’s going to do huge damage to the US economy if he doesn’t
Why wouldn’t they? It’s TACO time.
