President Donald Trump announced he will impose an additional 100% tariff on goods from China, on top of the 30% tariffs already in effect, starting November 1 or sooner. The threat is a massive escalation after months of a trade truce between the two nations.

Oh goodie, just in time for Christmas.

  • supersquirrel@sopuli.xyz
    0·
    3 months ago

    It is hilarious how overconfident US conservatives are here, the US is a collapsing empire what leverage do we have to do anything but speed up de-dollarization?

    I mean I know Trump’s body is a dumpster about to collapse any moment from decades of cocaine and BK burgers, he doesn’t care, but this is clearly disaster capitalism, classic Shock Doctrine by Naomi Klein shit.

    Republicans clearly want to pump and dump the entire US economy, damn the consequences, consequences are for people not blessed by God.

    https://en.wikipedia.org/wiki/The_Shock_Doctrine

  • RizzRustbolt@lemmy.world
    0·
    3 months ago

    Oh CNN… “roaring”? Really?

    Trump’s gonna do the same thing he did the last three times, knuckle under his short positions pay out.