Trump admits China’s tariffs will drop ‘but it won’t be zero’
Trump admits China’s tariffs will drop ‘but it won’t be zero’
www.independent.co.uk
Trump admits China’s tariffs will drop ‘but it won’t be zero’
18 comments
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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.
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China shouldn't lift it unless the US lifts sanctions on semiconductors and tariffs on EVs. The trade war started well before this month's Trump shenanigans. No reason to back down now.
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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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They could use the opportunity to negotiate lifting a lot of other sanctions, maybe.
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Trump started a trade war and lost. Now the winner names the terms of the surrender
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It's not beneficial for them to do that though. More US sanctions means more trade for China.
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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?
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They can buy directly from China. Thye don't need America to lift sanctions, they're a sovereign country and not a part of NATO.
Edit: oh, you meant sanctions against Chinese goods. I thought you meant on the behest of other countries.
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That would be great
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18 comments