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Trump, The Tariff Man Is At It Again! [Copy link] 中文

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Post time 2019-5-11 11:55:50 |Display all floors
This post was edited by pnp at 2019-5-11 12:58

So the China-US trade talks have broken down, and Trump, as usua,l  wield the big tariff stick on China, increasing the duty from 10% to 25% on 200 billion dollars worth of goods and is now set to impose 25% tariff on all the remaining 300 billion dollars worth of goods imported into the US.  And what is worse is that he lied to American people that China is paying millions of dollars of tariffs to US Treasury!  He was immediately shot down by experts in US; the truth is that US consumers and businesses are paying those tariffs through higher prices of Chinese goods they love to purchase!  

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Post time 2019-5-11 13:01:28 |Display all floors
Experts estimate that US consumers would have to fork out additional US$800 annually because of Trump's tariffs on Chinese goods!  That is no small matter for the average American!

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Post time 2019-5-11 13:51:09 |Display all floors
"While President Trump has repeatedly claimed that China is paying for the increased tariffs, studies have found that the U.S. is absorbing much of the financial impact. A study from the Federal Reserve of New York, Columbia and Princeton said that Trump's trade war was costing the U.S. $3 billion each month."  Newsweek

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Post time 2019-5-12 10:34:32 |Display all floors
pnp Post time: 2019-5-11 13:51
"While President Trump has repeatedly claimed that China is paying for the increased tariffs, studie ...

Spot on.
Believe it or not, it's true.

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Post time 2019-5-12 15:17:57 |Display all floors
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Post time 2019-5-12 18:34:22 |Display all floors
Maybe it is true that Trump had been a smart businessman who could earn quick money by increasing the price of his products but now he is not clever state leader since his words and actions often go in such a strange way!
The old man plays fire on the stage of politics!
Childish pure  mindset can simplify your life which let you live in a light way! Without man-made troubles you will work in high efficiency!

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Post time 2019-5-12 21:19:54 |Display all floors
Trump has no clue how tariffs work. He is a complete and utter buffoon. Don't forget, too, that for all his claims of being such a wonderful businessman, his 1985-1995 tax returns show he lost $1.7 Billion.
Stupid people are like Glowsticks. You want to snap them in half and shake the crap out of them until they see the light.
I love sarcasm. It's like punching someone in the head ... only with words

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