Oh we’re so cooked guys. It’s all over. We got switcheroo’d. The prisoner has talked the guard into the cage without his key.
We serve no purpose to them. They have all of the manufacturing, and the skill, and we have zero manufacturing.
They’ve made so much money doing work for us, now their rich are the ones buying the stuff they make.
We rocked the boat, but we are the ones that fell out. It’s literally the meme of the bike rider who sticks the branches into the spokes.
Apparently our country has decided to kamikazee the world econony, but we missed and yeeted ourselves into the ground. We attacked ourselves in confusion.
We pissed off everybody in a world where we fully depend on others.
Both govts can suck their dead nans tbh, I just like watching them both destroy each other. But yeh Trump is definitely in the wrong here and u gotta respect China’s resilience.
Ha ha, Trump is being called out by China for lying:
China also made it clear that talks should involve the cancellation of all tariffs it currently faces.
“The unilateral tariff increase measures were initiated by the United States. If the United States really wants to solve the problem, it should face up to the rational voices of the international community and all parties at home, completely cancel all unilateral tariff measures against China, and find ways to resolve differences through equal dialogue,” said He, the spokesman.
I hate it that the Chinese government of all sounds like the reasonable person in this room.
This is the same government that is execution genocide and you know, executing people for a host of mi or offenses, like being against the government.
Yet here we are.
Yup. Same.
I think it is word games. What constitutes “Talking about tariffs?” Each side wants the other to appear to be the one that comes to the table first.
Edit: And I was right. Today’s headline: China exempts some goods from US tariffs to limit trade war pain.
No its not word games. Have you heard Trump talk? Its all lies and bullshit.
Honestly, China are the adults in the room these days. Its a strange world.
China doesn’t do press releases from the toilet at 2 am, one handed, with a burger in the other hand. China is not playing games.
“press releases” is generous, unless you’re describing how he moves his bowels.
No large country is negotiating with Trump.
There is no negotiation except ‘quit your stupid shit and remove the tariffs’.
I’m not really pro-china on much of anything but I agree with them on this. Trump’s tariff’s are bullshit and he should be called out on them.
He was called out, Xi said, “drop the unilateral tariffs, and then we can talk.”
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I wish EU was capable of similar attitude as China instead of digging our hole by trying to appease the Orange liar in chief no matter what.
China has the luxury of being a totalitarian state. Xi does not need to worry about upcoming elections. Unfortunately in Europe any moves that requires great sacrifice might be political suicide.
While I do think the EU is lacking the balls to do this, there’s also some strategy to consider here. It certainly would be lovely if the EU would be more defensive, but also more damaging to the EU economy (at least in the short run, probably for a long time).
China is being painted as enemy number one, and there’s long-standing beef between the countries. Trump lost or is losing the trade war, and needs to make himself not look weak. Meanwhile China wants to project strength internally. Whatever is happening between closed doors, China has everything to gain from humiliating the US at this point. Trumps incompetence is already evident, they just need to fuel the flames.
With the EU, the situation is wildly different. EU doesn’t really want to project power, they want to project exactly as much power as is necessary not to seem weak but no more. It wants to show that it’s a level-headed free trade partner ready to take the lead in the free world, the fairest and most stable market in the world.
…that’s my take on it anyway. USE! USE! USE! USE! 🇪🇺
But it is really a wise decision not taking countermeasures and sweet-talking to a bully once he slaps you? What do you think this attitude signals to the said bully?
I’m not 100% sure about the economics of tariffs, but my interpretation is that the US are shooting themselves in the foot more than us. And if we can project an image of a stable level-headed trading partner and create good trade relations with India, China and countries in Africa and South America that might be more valuable in the long run than our US trade relations.
Basically, if US wants to hamper their own economy, let them. Meanwhile we’ll be Open For Business™ and picking up all the good stuff they left behind.
What exactly do you want the EU to do or not do?
Because I don’t see any country there trying to appease Trump. Except if you mean it as literally saying nice things, instead of doing something.
For starters implement reciprocal tariffs. Which we only virtually did only to pause them to not anger the orange. Next, don’t visit the orange nor start talking with him. It’s like China says, he should start conversation.
The EU are implementing reciprocal tariffs, aren’t they?
No. They paused the tariffs that were in response to the ongoing steel and aluminum tariffs when Trump lowered the “lib day” tariffs from 20% to 10%.
AFAIK not. They “wanted” to, but then paused them all together, while orange retained initial ones. 🤷♂️
Cheeto man believes USA is major world power instead of genocidal empire in accelerating decay.
Classic Cluster B like behavior.
