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☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 2 months ago

Trump admits China’s tariffs will drop ‘but it won’t be zero’

www.independent.co.uk

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Trump admits China’s tariffs will drop ‘but it won’t be zero’

www.independent.co.uk

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 2 months ago
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Trump’s massive import taxes have roiled stock markets since he announced them on April 1
  • Hestia [she/her, fae/faer]@hexbear.net
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    2 months ago

    I feel like China is not going to lift the restrictions on trading rare earth minerals regardless. Trump did irrevocable damage to the US economy because he decided to fuck around.

    • da_gay_pussy_eatah [she/her]@hexbear.net
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      2 months ago

      They could use the opportunity to negotiate lifting a lot of other sanctions, maybe.

      • notarobot@lemm.ee
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        1 month ago

        Trump started a trade war and lost. Now the winner names the terms of the surrender

      • Hestia [she/her, fae/faer]@hexbear.net
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        1 month ago

        It’s not beneficial for them to do that though. More US sanctions means more trade for China.

        • da_gay_pussy_eatah [she/her]@hexbear.net
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          1 month ago

          It’s not beneficial to China for the US to stop blockimg tens or hundreds of millions of relatively wealthy consumers from purchasing Chinese high-tech products like cars and phones?

    • ☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOP
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      2 months ago

      Indeed, the whole trade war gave a perfect pretext for China to choke off US military, and there’s no sense in letting them keep arming against China going forward.

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