https://www.foxnews.com/opinion/gordon-chang-trump-tariffing-china-worst-possible-time-xi-jinping
“There are no winners in a trade war or a tariff war," wrote Xi Jinping this week. If he’s talking about China, he’s absolutely right. Across the board, the Chinese will suffer.
In America, the story will be different. When the dust settles on President Donald Trump’s tariffs, there will be 340.1 million people much better off.
Oh, so he's going to stop prohibitive tarrifs on American products then?
- replies
- 0
- announces
- 1
- likes
- 1
For more than four decades, China’s regime has been implementing predatory and criminal trade practices. For various reasons, the U.S. and other countries have let matters slide.
Trump in his first term, in 2018, fired a warning shot with his 25% tariffs. Unfortunately, the Chinese regime did not take the hint. This month he raised the general tariff rate on China’s goods to 145%.
Trump’s trade actions could not have come at a worse time for Xi.